Tokyo – July 11, 2025 – TOPPAN Holdings Inc. (TYO: 7911) (TOPPAN Holdings) continues to be recognized for its Environmental, Social, and Governance (ESG) practices by being named to the FTSE Blossom Japan Index and FTSE Blossom Japan Sector Relative Index developed by FTSE Russell and the MSCI Nihonkabu ESG Select Leaders Index and MSCI Japan Empowering Women Index (WIN) compiled by MSCI Inc. With selection to these indices, TOPPAN Holdings continues to be included in all of the six ESG indices for Japanese stocks that are used as operating benchmarks for long-term investing by the Government Pension Investment Fund (GPIF) of Japan, one of the world’s largest institutional investors.
GPIF-adopted Japanese ESG stock indices featuring TOPPAN Holdings
・FTSE Blossom Japan Index
Developed and provided by FTSE Russell. The FTSE Blossom Japan Index measures and reflects the performance of companies from the FTSE All Cap Japan Index that demonstrate outstanding ESG practices.
・FTSE Blossom Japan Sector Relative Index
Developed and provided by FTSE Russell. In addition to assessment of the overall ESG practices of companies in the FTSE All Cap Japan Index, the FTSE Blossom Japan Sector Relative Index considers response to climate change risks and is adjusted to maintain sector neutrality.
・MSCI Nihonkabu ESG Select Leaders Index
Developed and provided by MSCI Inc. Designed as a sector neutral ESG index, the MSCI Nihonkabu ESG Select Leaders Index features companies from the MSCI Nihonkabu Investable Market Index (IMI) that score highly in ESG performance relative to industry peers.
・MSCI Japan Empowering Women Index (WIN)
Developed and provided by MSCI Inc. The MSCI Japan Empowering Women Index (WIN) is composed of companies in the MSCI Japan IMI Top 700 Index that are recognized for their excellence in gender diversity and human capital initiatives, such as percentages of women among management.
・S&P/JPX Carbon Efficient Index
Developed and provided by S&P Dow Jones and the Japan Exchange Group. The S&P/JPX Carbon Efficient Index recognizes companies listed on the Tokyo Stock Exchange that demonstrate a sound record of environmental disclosure and a high level of carbon efficiency (low carbon emissions per unit of sales).
・Morningstar Japan ex-REIT Gender Diversity Tilt Index
Developed by Morningstar, Inc. The Morningstar Japan ex-REIT Gender Diversity Tilt Index uses data and assessment methods provided by Equileap to identify companies with strong penetration of corporate cultures embracing gender diversity and companies that have committed to equal opportunities for employees.
The TOPPAN Group will continue to leverage synergies generated by combining the diverse strengths of its companies and to work with all of its stakeholders to ensure a sustainable society and enhance corporate value as a leader in harnessing digital transformation and sustainable transformation for solutions to social issues throughout the world.
About the TOPPAN Group
Established in Tokyo in 1900, the TOPPAN Group is a leading and diversified global provider committed to delivering sustainable, integrated solutions in fields including printing, communications, security, packaging, décor materials, electronics, and digital transformation. The TOPPAN Group’s global team of more than 50,000 employees offers optimal solutions enabled by industry-leading expertise and technologies to address the diverse challenges of every business sector and society and contribute to the achievement of shared sustainability goals.
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