First-Time Selection for WIN Index Completes NOK’s Inclusion in All GPIF ESG Indexes
NOK Corporation (Headquarters: Shibadaimon, Minato-ku, Tokyo; Representative Director, Group Chief Executive Officer: Masao Tsuru; hereinafter referred to as “NOK”) has been selected for the first time for MSCI’s Japan Empowering Women Indexes (WIN), which recognizes Japanese companies actively promoting the advancement of women in the workplace.
NOK also continues to be included in the FTSE4Good Index Series, the FTSE Blossom Japan Index, and the FTSE Blossom Japan Sector Relative Index, all of which are leading ESG investment indices. With the addition of the WIN index, NOK is now selected for all six ESG indices for Japanese equities adopted by the Government Pension Investment Fund (GPIF).
To support sustainable growth, the NOK Group is creating an environment where diverse individuals can take on new challenges by leveraging their strengths. This environment includes revising job structures, evaluation systems, training programs, and implementing new human resources initiatives. The Group is also advancing global sustainability efforts based on the latest information and data, such as reviewing our TCFD scenario analysis to strengthen our response to climate change.
At the same time, NOK is working to enhance management transparency by expanding the scope of its disclosures. As part of this effort, the company published the ESG Data Book 2025 (currently in Japanese only) on July 18, 2025. This year’s edition includes expanded disclosures not only on supply chain management but also on product quality control and assurance systems.
The NOK Group remains committed to sincerely addressing global environmental and social issues. By using its human and intellectual capital to the fullest, the Group will continue working toward a more sustainable society while enhancing its corporate value.
About the MSCI Japan Empowering Women Indexes (WIN)
The MSCI Japan Empowering Women Indexes (WIN) are ESG-focused equity indexes developed by MSCI, a U.S.-based financial services company. These indexes include Japanese companies recognized for their strong commitment to promoting gender diversity. Companies are selected from each industry based on robust disclosure of gender-related metrics, such as the ratio of women employees and differences in average tenure, as well as the implementation of initiatives that foster diversity.
ESG indexes adopted by GPIF
The Government Pension Investment Fund (GPIF), one of the world’s largest institutional investors and the entity responsible for managing Japan’s public pension reserves (including the Employees’ Pension Insurance and National Pension funds), has adopted the following six ESG indexes for Japanese equities:
FTSE Blossom Japan Index
FTSE Blossom Japan Sector Relative Index
MSCI Japan ESG Select Leaders Index
S&P/JPX Carbon Efficient Index Series
MSCI Japan Empowering Women Indexes (WIN)
Morningstar Gender Diversity Index Series (GenDi)
For inquiries related to this press release
Corporate Communications, Corporate Affairs Group, CEO Office, NOK Corporation
TEL: +81-3-5405-6372
Mail: mb_nok_corporate_affairsjp.nokgrp.com