Omron gets featured in ESG Index
Information
Omron Corporate gets featured in the ESG Index, Euronext Vigeo Eiris World 120 Index for the first time.
Omron was for the first time selected to the "Euronext Vigeo Eiris World 120 Index" which comprises companies excelling in ESG performance. "Euronext Vigeo Eiris Index" is an index jointly compiled by the European stock exchange 'Euronext' and the ESG rating company 'Vigeo Eiris'. The index is composed of top 120 companies with high-ratings in "environment", "society" and "governance" from among the top 1500 listed companies from North America, Europe and Asia Pacific regions. The index evaluates the ESG performance of companies based on approximately 330 parameters focusing on human rights, proper employment practices, environment conservation, governance and corporate ethics. It features leading companies with Unilever, 3M, IBM, Pirelli and Michelin at the forefront. Only 23 Japanese companies such as Sony, Hitachi, Komatsu, Kao Corporation, Ajinomoto and NTT Data have been selected. The selection of Omron among such companies shows that Omron's initiatives in ESG and sustainability have been evaluated as a role model for companies throughout the world.
Although Omron is already included in the prominent ESG indices of the world, its inclusion in the "Euronext Vigeo Eiris World 120 Index " has increased the opportunities to buy even more shares in funds that manage the pensions of Europe, which is active in ESG investment. This indicates that improvement in Omron's evaluation, performance, stock prices and dividends will support the retirement life of senior citizens, and lead to a better society as envisioned by Omron.
At Omron, sustainability goals linked to VG2.0 were established in 2017 based on the idea that the implementation of Omron principles is synonymous to promotion of sustainability for achieving a better society. In 2018, goals such as reducing the emission of greenhouse gases for tackling climate change and ensuring employee health have been added and updated with a view to achieving the goals of VG2.0 and contributing to a better society.