LIXIL Included in the Dow Jones Sustainability Index for the First Time

Nov 13, 2017 9:45 AM ET
Campaign: LIXIL Corporation

TOKYO, November 13, 2017 /3BL Media/ – LIXIL Group Corporation (LIXIL Group; TSE code: 5938), a global leader in the housing and buildings industry, announced that for the first time it has earned a place in the Dow Jones Sustainability Indices (DJSI) for its sustainability performance. LIXIL Group was included in the DJSI Asia-Pacific Index as the highest scoring company in the Building Products Industry, and ranked third globally in this industry group.

LIXIL Group’s inclusion in the DJSI reflects the company’s continued focus on integrating sustainability into its overall business strategies, and the progress it is making in this field across organizational and geographical boundaries. Specifically, this year’s inclusion recognizes the advancements the company is making across social and economic factors, with its scores for labor practices, human capital development, and risk and crisis management all increasing both in absolute and relative terms.

Representing the gold standard for corporate sustainability, the DJSI is an annual sustainability assessment conducted by RobecoSAM, an investment specialist focused exclusively on Sustainability Investing. This year RobecoSAM surveyed over 2,000 of the largest listed companies from around the world on economic, environmental, and social performances of companies. A total of 152 companies were selected for the DJSI Asia-Pacific index.

Kinya Seto, LIXIL Group President and CEO, commented, “LIXIL is proud to be included in the DJSI. Environmental, social, and corporate governance factors play a huge role in the sustainability of our operations, and are of increasing importance for all our stakeholders, including investors, business partners, and employees. At LIXIL we strive to improve the quality of people's lives through safe and comfortable products and services, and responsible and sustainable innovations, through our three strategic Corporate Responsibility pillars; global sanitation and hygiene, water conservation and environmental sustainability, and diversity and inclusion”.

The announcement follows the news in July that LIXIL was listed on the FTSE4Good Index Series and newly created MSCI Japan Empowering Women Index.

About LIXIL Corporation

LIXIL is a global leader in the housing and building industry. Our unique portfolio spans everything from technologies that revolutionize how we interact with water in our daily lives, to a full lineup of products and services for housing and major architectural projects. Delivering core strengths in water, kitchen, housing, and building technologies, our brands including LIXIL, American Standard, GROHE, DXV, INAX, and Permasteelisa are leaders in the industries and regions in which they operate. LIXIL operates in more than 150 countries and employs more than 70,000 people, bringing together function, quality, and design to make people’s lives better, and more delightful – wherever they are.

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About LIXIL Group

LIXIL Group Corporation (TSE Code: 5938) is the listed holding company containing LIXIL Corporation, LIXIL VIVA CORPORATION and LIXIL Housing Research Institute, Ltd. The Group, which is led by President and CEO Kinya Seto, is involved in a broad spectrum of housing-related businesses, ranging from the manufacture and sales of building materials and housing equipment to the operation of home centers and a network of homebuilding franchises, and comprehensive real estate service. LIXIL Group Corporation posted ¥1.79 trillion in consolidated sales in FYE March 2017.