Kobe Steel Remains Included in All Domestic ESG Investment Indices Adopted by GPIF
Aug. 20, 2026
Kobe Steel, Ltd.
Kobe Steel, Ltd. has been continuously selected as a constituent of all ESG indices adopted by Japan’s Government Pension Investment Fund (GPIF)*. These indices recognize Japanese companies that demonstrate outstanding performance in environmental, social, and governance (ESG) practices.
ESG Indices Adopted by GPIF
| Index | Overview |
|---|---|
| FTSE JPX Blossom Japan Index | Designed by FTSE Russell to measure the performance of Japanese companies committed to specific environmental, social, and governance (ESG) practices. Widely used for the creation and evaluation of sustainable investment funds and other financial products. |
| FTSE JPX Blossom Japan Sector Relative Index | Designed by FTSE Russell to reflect the performance of Japanese companies demonstrating relative excellence within their respective sectors in specific environmental, social, and governance (ESG) practices, using a sector-neutral approach. To promote the transition to a low-carbon economy, the index includes only companies with high TPI Management Quality Scores—indicating active improvement efforts—among those with high greenhouse gas emissions. |
| MSCI Japan ESG Select Leaders Index | An ESG comprehensive index based on MSCI’s ESG research, which is utilized by over 1,000 companies worldwide. Out of the top 700 companies by market capitalization, those with high ESG ratings are selected based on an evaluation of their ability to respond to potential future risks. |
| MSCI Japan Empowering Women Index (WIN) | Designed to represent leading Japanese companies in gender diversity based on female employment data disclosed under the Act on Promotion of Women’s Participation and Advancement in the Workplace. |
| S&P/JPX Carbon Efficient Index | Developed by S&P Dow Jones Indices LLC, one of the world's largest index providers, based on carbon emissions data from Trucost, a leading global provider of environmental data. |
| Morningstar Japan ex-REIT Gender Diversity Tilt Index (GenDi J) | A gender diversity index developed by Morningstar, reflecting the evaluation of companies’ gender diversity efforts as assessed by Equileap. |
In addition, Kobe Steel continues to be selected for the FTSE4Good Index Series, which is widely used for the creation and evaluation of responsible investment funds and other financial products. The Company has received a 4.4 FTSE ESG Score and the highest rating of AAA In MSCI ESG Ratings, reflecting high recognition for its ESG initiatives.
The Kobe Steel Group, also known as the Kobelco Group, promotes sustainability management based on the Group Corporate Philosophy, while fulfilling its environmental and social responsibilities to achieve sustainable growth. We will continue to provide solutions to the needs of society by making the best use of talents of our employees and our technologies, with a view to a world in which people, now and in the future, can fulfill their hopes and dreams while enjoying safe, secure, and prosperous lives.
- *The Government Pension Investment Fund (GPIF) is an organization that manages and invests the Reserve Funds of the Government Pension Plans entrusted by the Minister of Health, Labour and Welfare. By remitting profits of investment to the national treasury, GPIF supports the financial stability of the pension system.
- *The information on this web site is presented "as is." Product availability, organization, and other content may differ from the time the information was originally posted. Changes may take place without notice.
