Nikkei Inc. announced on Friday that it will add three constituent stocks to the Nikkei 225 Climate Change 1.5°C Target Index, effective April 28, following a periodic review.
Oriental Land, Renesas Electronics and Japan Airlines will be added to the index, while Fujitsu 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 indexes website.
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