LY Corporation Receives Highest MSCI ESG Rating of AAA for the Fourth Consecutive Year
Company also maintains spot in MSCI Nihonkabu ESG Select Leaders Index
LY Corporation ("LYC") announces that in September 2024, it has received the highest MSCI ESG rating of AAA for the fourth consecutive year.*1 Additionally, it has been continuously selected as a constituent of the MSCI Nihonkabu ESG Select Leaders Index.
*1 Includes the years in which former Z Holdings Corporation had received the rating.
Produced by MSCI ESG Research as of September 12, 2024.
THE USE BY LY CORPORATION OF ANY MSCI ESG RESEARCH LLC OR ITS AFFILIATES ("MSCI") DATA, AND THE USE OF MSCI LOGOS, TRADEMARKS, SERVICE MARKS OR INDEX NAMES HEREIN, DO NOT CONSTITUTE A SPONSORSHIP, ENDORSEMENT, RECOMMENDATION, OR PROMOTION OF LY CORPORATION BY MSCI. MSCI SERVICES AND DATA ARE THE PROPERTY OF MSCI OR ITS INFORMATION PROVIDERS, AND ARE PROVIDED 'AS-IS' AND WITHOUT WARRANTY. MSCI NAMES AND LOGOS ARE TRADEMARKS OR SERVICE MARKS OF MSCI.
THE INCLUSION OF LY Corporation IN ANY MSCI INDEX, AND THE USE OF MSCI LOGOS, TRADEMARKS, SERVICE MARKS OR INDEX NAMES HEREIN, DO NOT CONSTITUTE A SPONSORSHIP, ENDORSEMENT OR PROMOTION OF LY Corporation BY MSCI OR ANY OF ITS AFFILIATES. THE MSCI INDEXES ARE THE EXCLUSIVE PROPERTY OF MSCI. MSCI AND THE MSCI INDEX NAMES AND LOGOS ARE TRADEMARKS OR SERVICE MARKS OF MSCI OR ITS AFFILIATES.
MSCI ESG Ratings is a global evaluation index for environmental, social, and governance (ESG) investment. Companies are rated on a seven-point scale ranging from the highest AAA to the lowest CCC, based on industry-specific ESG risks and the company's ability to manage them relative to their industry peers.
LYC has been selected for inclusion in all six ESG indices*2 for Japanese stocks adopted by Japan's Government Pension Investment Fund (GPIF), including the MSCI Nihonkabu ESG Select Leaders Index. In addition, the company is a constituent of DJSI World and DJSI Asia Pacific, which were developed as part of a pioneering series of international sustainability indices.
*2 The MSCI Nihonkabu ESG Select Leaders Index, MSCI Japan Empowering Women Index (WIN), FTSE Blossom Japan Index, FTSE Blossom Japan Sector Relative Index, S&P/JPX Carbon Efficient Index, and Morningstar Japan ex-REIT Gender Diversity Tilt IndexSM.
While upholding targets based on the material issues it identifies, LYC actively promotes and discloses diverse ESG initiatives under its mission statement of "Create an amazing life platform that brings WOW! to our users." In this way, LYC will continue doing its part in resolving social issues and making a sustainable society into a reality.
LY Corporation – Sustainability
LY Corporation – Acknowledgment as a Sustainable Company