TOKYO -- Nikkei said on Tuesday that it will add two constituent stocks to the Nikkei 225 Climate Change 1.5°C Target Index, effective Oct. 31, following a periodic review.
Mercari, Lasertec will be added to the index, while J.Front Retailing will be removed.
The index is based on the Nikkei 225. A constituent is removed from the index if it derives more than a certain share of its revenue from fossil fuels or infringes other rules.
This index, which was launched in May 2022, is reviewed twice a year, at the end of April and October.
For more details, please visit the Nikkei 225 Climate Change 1.5°C Target Index website.
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