FTSE, a joint venture between Financial Times and the London Stock Exchange, approved Nissan as a continuing member of the FTSE4Good index in its September 2005 FTSE4Good Semi-Annual index review. Nissan was rated on a number of CSR and sustainability-related criteria.
Membership in FTSE4Good is dependant on 3 criteria – working towards environmental sustainability, developing positive relationships with stakeholders and up-holding and supporting universal human rights – all of which were met by Nissan.
Vehicle manufacturing is classified as a high impact sector, which means that the inclusion criteria is more stringent, including internal monitoring and auditing, public reporting and a clear presence of environmental policy.
“Nissan is one of the few automotive manufacturers that have been included in the FTSE4Good Index” commented Takeshi Nakajima, Deputy Managing Director at Nissan Middle East. “This gives us great credibility with regards to our environmental record which can only continue improving. Nissan is dedicated to environmental sustainability and the FTSE4Good Index ensures that we continue our commitment for the long run.”
FTSE is an influential research agency that manages a sustainability index, only listing companies that meet its strict criteria.
