NEC Listed on the Dow Jones Sustainability Indices (DJSI)
Tokyo, November 20, 2020 - NEC Corporation (NEC; TSE: 6701) today announced it has been included in the Dow Jones Sustainability Indices World Index (DJSI World) and the Dow Jones Sustainability Indices Asia Pacific Index, some of the most prestigious global indices of Environmental, Social and Governance (ESG) investment.
DJSI is an evaluation indices developed by the S&P Dow Jones Indices that evaluates the sustainable practices of major global companies, categorized by a "Governance & Economic Dimension," "Environmental Dimension" and a "Social Dimension." In 2020, approximately 3,500 leading global companies were reviewed, and 323 companies, including 39 Japan-based companies, were selected to the DJSI World.
NEC received high evaluations in sectors such as "Code of Business Conduct" and "Information Security/Cyber Security & System Availability" in the Governance & Economic Dimension, as well as "Environmental Policy and Environmental Management Systems" in the Environmental Dimension, and "Labor Practice Indicators" and "Social Reporting" in the Social Dimension.
NEC became a signatory to the United Nations Global Compact (*1) in 2005, which was founded on the basic principles of human rights, labor, environment and anti-corruption, and continues to strive to minimize any burdens that business activities may have on society. NEC aims to contribute to the creation of value for society through its business, and to the achievement of the Sustainable Development Goals (SDGs) launched by the United Nations.
Other than DJSI World and DJSI Asia Pacific, NEC is included in the FTSE4Good Index Series (*2) and the MSCI ESG Leaders Indexes (*3) as part of high evaluations in terms of ESG. In addition, NEC has been awarded a "Platinum" Corporate Social Responsibility (CSR) ranking, in recognition for being part of the top 1% of companies evaluated by EcoVadis (*4), a France-based CSR rating platform.
NEC aims to create the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. Based on the NEC Way, a common set of values that form the basis for how the entire NEC Group conducts itself, NEC contributes to achieving the SDGs.
- *1)The United Nations Global Compact:
An initiative that calls on companies worldwide to align their strategies and operations with ten universal principles in four fields of human rights, labor, the environment and anti-corruption. NEC joined in 2005.
- *2) FTSE4Good Index Series
This ESG index was created by FTSE Russell, part of the London Stock Exchange Group. NEC has been included since September 2002.
- *3) MSCI ESG Leaders Indexes
Designed by MSCI, these indexes are globally recognized ESG indexes. NEC has been included since 2015.
EcoVadis is a France-based CSR rating platform that provides Supplier Sustainability Ratings and assesses suppliers with a methodology which covers 190 purchasing categories, 150 countries and 21 CSR indicators grouped in four themes ("Environment," "Labor Practices," "Fair Business Practices" and "Sustainable Procurement." Since 2012, NEC has been awarded "Gold" CSR ranking, for top 5% companies, and in 2020, was awarded "Platinum," newly established for top 1% companies.
About NEC Corporation
NEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of “Orchestrating a brighter world.” NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at https://www.nec.com.
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