CapitaLand Investment is recognised as global sustainability leader on DJSI World 2021
CapitaLand Investment is recognised as global sustainability leader on Dow Jones Sustainability World Index 2021
Marks CapitaLand’s 10th straight year of recognition on the index
Singapore, 15 November 2021 – CapitaLand Investment Limited (CLI)1 has been selected to be a constituent on the Dow Jones Sustainability World Index (DJSI World)2 and Dow Jones Sustainability Asia Pacific Index (DJSI Asia Pacific) this year. This reinforces the company’s position as a global sustainability leader. The inclusion of CLI on the DJSI World marks CapitaLand’s3 10th straight year of recognition on the index. This is also CapitaLand’s 13th consecutive year on the DJSI Asia Pacific, making it the first and longest standing real estate company in Singapore to be listed on the index.
The DJSI World and DJSI Asia Pacific consist of the top 10% and top 20% of the world’s largest companies respectively that have excelled in economic, environmental and social performance. CLI’s inclusion on DJSI follows CapitaLand Limited’s recent achievement as a ‘Global, Regional and Asia Sector Leader’ in the 2021 Global Real Estate Sustainability Benchmark (GRESB) rankings for its outstanding Environment, Social and Governance (ESG) management and performance.
Ms Lynette Leong, CLI's Chief Sustainability Officer, said:
“At CapitaLand, we integrate sustainability into everything we do. We are encouraged that our strong sustainability performance has been consistently recognised by international indices such as DJSI and GRESB that serve as benchmarks for investors."
CapitaLand’s consistent recognition by international indices such as GRESB cements CapitaLand’s position as a global sustainability leader in real estate. Sustainability is core to everything we do at CLI and we will continue to grow our business responsibly as we reinforce CLI as one of the leading listed real estate investment managers globally
"These achievements have enabled 11 of CapitaLand Group’s sustainability-linked loans totalling S$3.2 billion4 to yield interest savings. We will channel the proceeds towards more efforts in sustainability innovation to amplify the positive impact on the environment and communities where we operate. To date, CapitaLand Group has secured a total of S$7.1 billion5 through sustainable financing instruments6 tied to ESG performance. CapitaLand remains steadfast in achieving our 2030 Sustainability Master Plan targets as we continue to deliver measurable outcomes and long-term economic value to our stakeholders.”
Mr Manjit Jus, Global Head of ESG Research, S&P Global, said:
"We congratulate CapitaLand Investment Limited for being included in the Dow Jones Sustainability World Index. A DJSI distinction is a reflection of being a sustainability leader in your industry. The record number of companies participating in the 2021 S&P Global Corporate Sustainability Assessment is testament to the growing movement for ESG disclosure and transparency."
Consistently recognised as a global sustainability leader by international indices
In addition to DJSI, CapitaLand has received numerous other recognitions for its sustainability leadership:
Global Real Estate Sustainability Benchmark
- Retained highest rating of 5 stars and is the only real estate company in Singapore to win ‘Global Sector Leader’ in the ‘Diversified – Listed’ category four times.
- Ranked as ‘Regional Sector Leader’ in the ‘Diversified – Listed’ category since 2011.
- First real estate company in Singapore to be consistently ranked among the top five in Asia since 2011.
Global 100 Most Sustainable Corporations in the World Index
- Included nine times since 2012.
MSCI ESG Leaders Index
- CLI is listed on the index as of October 2021.
- CapitaLand has been listed on the Index for eight consecutive years since 2014.
1 CapitaLand Investment Limited, the real estate investment management business of CapitaLand Group, was listed on Singapore Exchange Securities Trading Limited on 20 September 2021.
2 For more information on DJSI World and DJSI Asia Pacific, please see Annex.
3 On 20 September 2021, CapitaLand Limited restructured its business to form CapitaLand Investment Limited, the listed real estate investment management business; and CapitaLand Development, the privatised property development arm.
4 Includes sustainability-linked loans raised by CapitaLand’s business units and stable of real estate investment trusts.
5 Includes sustainable finance raised by CapitaLand’s business units, stable of real estate investment trusts and business trusts.
6 Comprises sustainability-linked loans, green loans, green bonds and perpetual securities.
The Dow Jones Sustainability Indices (DJSI) are a family of best-in-class benchmarks for investors who recognise that sustainable business practices are critical to generating long-term shareholder value and who wish to reflect their sustainability convictions in their investment portfolios. Launched in 1999 as the first global sustainability benchmark, the DJSI track the stock performance of the world's leading companies in terms of economic, environmental and social criteria.
Created jointly by S&P Dow Jones Indices and SAM, the DJSI combine the experience of an established index provider with the expertise of a specialist in sustainable investing to select the most sustainable companies from across 61 industries.
The indices serve as benchmarks for investors who integrate sustainability considerations into their portfolios, and provide an effective engagement platform for investors who wish to encourage companies to improve their corporate sustainability practices.