JAPAN September 30, 2014- TOTO Ltd. (Headquarters: Kitakyushu, Fukuoka, Japan; President: Madoka Kitamura) has been selected for inclusion in the Dow Jones Sustainability Indices (DJSI) World Index, a worldwide socially responsible investment (SRI*1) index, for the fourth consecutive year.
The DJSI are a set of indices developed by US company S&P Dow Jones Indices*3 in partnership with RobecoSAM, a Swiss research company specializing in SRI. They are used to analyze companies from three different angles, based on their economic, environmental and social performance. The top companies in terms of sustainability (around 10%) are then selected for inclusion in the DJSI World index. Featured companies are reviewed in September every year, with 319 selected from around 2,500 of the world’s largest companies for inclusion in fiscal 2014. TOTO is one of 21 Japanese companies included in the index.
In the “building products” category*2, TOTO has scored the highest marks for social performance for three years in a row. The company was highly rated for its performance in terms of “human capital development,” “corporate citizenship” and “talent attraction and retention” in particular. It also scored highly for its economic performance in “customer management” and its environmental performance in “global warming measures.”
TOTO is committed to corporate activities in line with ESG (environmental, social and governance), and has continued to contribute to the environment through plumbing and water-related services ever since the company was first established. TOTO will continue to lead the way as a “genuinely sustainable company” operating in harmony with the earth.
*1 Socially Responsible Investing (SRI) is an investment approach that emphasizes corporate social responsibility (in terms of society, environment, and governance) in addition to investment analysis standards based on traditional financial analysis.
*2 The DJSI consists of companies selected from 59 different industrial groups.
*3 *3 S&P Dow Jones is a news service that publishes several media properties, including the Wall Street Journal, a major U.S. financial newspaper that serves as a global economic newspaper of record. The company is also famous for calculating the
Dow Jones Industrial Average (Dow Average), which is a stock index consisting of representative U.S. publicly traded stocks.