RepRisk, a Data as a Service (DaaS) company for reputational risks, said its data is now being used in the periodic review of constituents in the JPX-Nikkei Index 400 and the JPX-Nikkei Mid and Small Cap Index.
The index providers, JPX Market Innovation & Research and Nikkei, will use the RepRisk Index (RRI) to strengthen their indices with the aim of improving their alignment with global investment standards, particularly focusing on corporate social responsibility.
Both indices will now exclude any company with an RRI of 75 or higher, which indicates an extremely high risk. Philipp Aeby, RepRisk chief executive said: “We are proud to enable JPX’s initiative to promote responsible business conduct and risk transparency.”
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