Teijin Ltd. announced today that it has been named, following last year, to the Dow Jones Sustainability World Index (DJSI World), a global indicator for Social Responsible Investment (SRI). The new DJSI World list was made effective on September 20, 2010. Of the 318 companies selected this year, 36 are Japanese. (Among the nine companies from the chemical sector, Teijin is the only Japanese company.)
The DJSI World, jointly developed by Dow Jones and Swiss-based SAM Group in 1999, is a key sustainability index, representing the top 10 percent of the largest 2,500 companies in each industry included in the Dow Jones Global Index. The index assesses the economic, environmental and social performance of those companies every year to identify those that exemplify leadership in sustainability.
Teijin has also been named to Dow Jones Sustainability Asia Pacific Index, also following last year, and is being included in other international SRI indexes such as the FTSE4Good Index and the Ethibel Sustainability Index.
Based in Tokyo and Osaka, Japan, Teijin is a global technology-driven group operating in six main fields: high-performance fibers (aramid fibers and carbon fibers); polyester fibers; films and plastics; pharmaceuticals and home health care; trading and retail; and IT and new products.