Kao Named to the Dow Jones Sustainability World Index for Seventh Consecutive Year
Kao Corporation (TYO:4452) has been selected for inclusion in the 2020 Dow Jones Sustainability World Index (DJSI World) and Dow Jones Sustainability Asia Pacific Index (DJSI Asia Pacific), among the world’s most renowned socially responsible investment (SRI) indices. This is the seventh year in a row that Kao has been named to the indices.
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The Dow Jones Sustainability Indices are offered cooperatively by S&P Dow Jones Indices in the United States and SAM in Switzerland to evaluate the sustainability of the world’s leading companies with regards to key areas such as environmental, social and governance (ESG) criteria. This year, 3,467 major companies were evaluated, and 318 companies were named to DJSI World. Kao received high evaluation for its efforts related to the criteria of Code of Business Conduct, Innovation Management, Product Quality and Recall Management, and Strategy for Emerging Market in the economic category, which also covers governance. Kao’s engagement with Environmental Reporting, Climate Strategy, and Packaging was lauded in the environmental category, while its commitment to Social Reporting, Corporate Citizenship and Philanthropy was highly evaluated in the social category.