May 21, 2024
Notice Regarding Selection as a Component of the "MSCI Japan Equity ESG Select Leaders Index" and Receipt of the "AA" MSCI ESG Rating
PALTAC CORPORATION (Head Office: Osaka, Japan; Representative Director " President: TAKUYA YOSHIDA) has been selected as a constituent of the MSCI Japan Equity ESG Select Leaders Index, which is used for ESG investment by the GPIF (Government Pension Investment Fund), one of the largest pension management organizations in the world. The index is composed of the following stocks: (1) Japanese stocks
Companies with relatively high ESG ratings from their respective industries are selected for this index from among the constituents of the parent index (MSCI Japan Equity IMI Index) created by Morgan Stanley Capital International (MSCI), Inc. of the United States.
The MSCI ESG ratings are based on a survey and analysis of the ESG initiatives of thousands of companies around the world and are rated on a scale of " AAA to CCC, and are considered a global benchmark for ESG investment. In the latest rating, the company received high marks for its efforts in "Carbon Footprint" " and "Labor Management".
PALTAC has been working to solve social issues by optimizing and streamlining the entire supply chain with the aim of realizing "affluent and comfortable lives for people through " distribution. Going forward, PALTAC will continue its efforts to solve the Materiality Issues identified in its Long-term Vision " and Medium-term Management Plan "PALTAC VISION 2027", aiming to realize a sustainable environment and society, as well as sustainable growth for the company.