Gender Equality: Msci Japan

gender equality: The indexes are the FTSE Blossom Japan Index, the MSCI Japan ESG Select Leaders Index and the MSCI Japan Empowering Women Index, according to The Japan Times. They cover about 360 firms that have cleared requirements on environmental friendliness, gender equality in the workplace and transparent governance practices. Through the move, the Government Pension Investment Fund aims to prompt Japanese companies to improve their value in those criteria, and encourage foreign investors to buy into Japan's equity market, thereby ensuring long-term returns on its investments, officials said Monday. The 1 trillion investment amounts to about 3 percent of the 30 trillion allocated to domestic stocks in the GPIF's portfolio. The GPIF, the world's largest pension fund, aims to expand ESG investment by adopting other indexes or active investment in the future, President Norihiro Takahashi said in a statement. (news.financializer.com). As reported in the news.