2024/05/09
Nifco Inc. (hereinafter "Nifco") is pleased to announce that it continued to receive the highest rating of "AAA" in the MSCI ESG Ratings (announced at the end of April 2024), which rates companies from an ESG (Environment, Social, and Governance) perspective.
MSCI (Morgan Stanley Capital International, Inc.), a U.S.-based company, evaluates companies in 23 major countries around the world, including Japan, based on their ESG-related performance and rates them on a seven-point scale from "AAA," the highest, to "CCC," the lowest. As of April 2024, there were 32 ACWI Index companies in the automotive components sector, of which 6% achieved the "AAA" rating.
Nifco will continue to promote sustainability initiatives and contribute to solving social issues through its business activities based on its strength in fastening technology, while aiming to enhance its corporate value.