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Japan’s leading diversified materials manufacturer, Nitto Denko Corporation, today announced that it has been named to the Dow Jones Asia Pacific Sustainability Index for 2012. This is the first time that the company has been included in the index and is a clear indication of the importance Nitto Denko places on achieving greater levels of sustainability and fulfilling our obligations to stakeholders.
Nitto Denko was included after its participation in the SAM Corporate Sustainability Assessment, an in-depth analysis of a corporation's economic, environmental, and social performance. The company was ranked 154 out of the 600 largest companies from the developed Asia Pacific countries. A total of 74 Japanese companies were included. Nitto Denko performed particularly well in the areas of customer relationship management and environmental policy and management systems.
“Nitto Denko recognizes the growing importance of sustainability in its business practices and is determined to continue to improve its overall sustainability performance on economic, social and environmental measures despite continued global economic uncertainty” stated Nitto Denko CSR head, Satoshi Ito.
The company’s corporate vision is “Creation of New Value” which indicates an intention to contribute to people’s daily lives and the future of industry with innovative and unique ideas. Nitto Denko is focused on the development of new growth businesses in the fields of “Green” (contribution to the global environment), “Clean” (new energy) and “Fine” (life sciences)” and is determined to minimize its environmental load from business activities and contribute to environmental conservation in supplying an innovative range of products and services.
The Dow Jones Sustainability Indexes were launched in 1999 as the first global sustainability benchmarks. The DJSI is a partnership between the Dow Jones Indexes and SAM Sustainability Assessments which rates the top corporate performers in accordance with both financial indicators and sustainable business practices. The Dow family of indexes track the stock performance of the world's leading companies and serves as benchmarks for investors in addition to providing an effective engagement platform for companies who want to adopt sustainable best practices. Every year, the DJSI invites the world’s 2,500 largest companies to report on their sustainability practices across economic, environmental and social criteria.
Founded in 1918, Nitto Denko is Japan’s leading diversified materials manufacturer offering over 13,000 high-value-added products to the global market. Nitto Denko’s strength lies in its flexibility to add diverse functionalities to sheets, films and other materials, fully utilizing its core technologies such as polymer synthesis, adhesion and coating. The Nitto Denko group’s wide spectrum of specialities include optical films for liquid crystal displays, automotive materials, reverse osmosis membranes for seawater desalination, transdermal drug delivery systems, and much more. Nitto Denko is traded on the Tokyo Stock Exchange (TSE). Total net sales in fiscal year 2011 amounted to JP¥608 billion (US$7.4 billion based on the exchange rate at March 31, 2012). The company consists of 107 subsidiaries across the globe and employs over 32,000 people.
To learn more about Nitto Denko’s sustainability efforts, the company’s CSR and annual report may be viewed at http://www.nitto.com/about_us/sustainability/report/.
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