CapitaLand ranked in the Global 100 Most Sustainable Corporations in the World, and named in Sustainability Yearbook at the World Economic Forum
First and largest real estate company in Asia to achieve ISO 14001 and OHSAS 18001 certification covering 15 countries
Singapore, 23 January 2013 – CapitaLand Limited (CapitaLand) has been ranked in the Global 100 Most Sustainable Corporations in the World (Global 100) by Corporate Knights. It is also listed in the Sustainability Yearbook 2013 by RobecoSAM, an investment specialist in Sustainability Investing, and KPMG International. Both accolades were announced at the World Economic Forum in Davos, Switzerland today.
It is the second time that CapitaLand is in the Global 100 listing, up 10 spots to be ranked 77th from 87th in 2012. About 4,000 companies across the world with marketcapitalisation in excess of US$2 billion as of 1 October 2012 were screened for the listing.
CapitaLand is one of the top-scoring 15% of the 3,000 companies in the Dow Jones Global Total Stock Market Index across 58 sectors worldwide which underwent the RobecoSAM’s Corporate Sustainability Assessment, leading it to be listed in the Sustainability Yearbook, one of the world’s most comprehensive publications on corporate sustainability. It serves as a guide to investors worldwide on which companies are doing the most to address the risks and opportunities of sustainability
Adding to its significant achievements in sustainability, the CapitaLand Group also achieved ISO 14001 and OHSAS 18001 certifications for its Environmental, Health and Safety Management System across countries with its investment properties. It is the first and largest real estate company in Asia to achieve such certification across 15 countries in Asia Pacific and Europe. The Group expanded its scope of ISO 14001 and OHSAS 18001 certification last year to include Belgium, Germany, Indonesia and Spain.
Mr Lim Ming Yan, President and Group CEO of CapitaLand Limited, said: “CapitaLand is honoured to be recognised as one of the most sustainable companies in the Global 100 Most Sustainable Corporations in the World by Corporate Knights and the Sustainability Yearbook 2013 by RobecoSAM and KPMG International. Sustainability has been gaining traction in the business world with increased top management support. At CapitaLand, sustainability is a Group-wide effort that is integral to our business. As the Group continues to increase efficiency, ramp up economies of scale and increase shareholder returns, we remain committed to creating long-term stakeholder value while ensuring that our businesses operate in an ethical and responsible manner.”
Mr Tan Seng Chai, Group Chief Corporate Officer of CapitaLand Limited, said: “CapitaLand is committed to sustainability. While top management support is an important driver in our sustainability journey, it is also crucial that our stakeholders share the Group’s commitment to transparency and to improving the economic, environmental and social well-being of the communities we operate in.”
Mr Doug Morrow, VP Research, Corporate Knights, said: “The companies named in this year’s Global 100 stand out as the world’s top overall sustainability performers. CapitaLand and the rest of the Global 100 are well-positioned to compete and succeed in our changing world and globalised economy.”
In the area of ‘leadership diversity’ for Global 100, the Group demonstrated its commitment with females forming over 30% of its top management, with five who are C-suite executives. Females also form almost 50% of the managerial employees and two females sit on its board of directors.
CapitaLand’s efforts in ‘clean capitalism pay link’ is driven by Key Performance Indicators such as environment, health and safety and human capital management that are linked to the incentive programme for all staff. In terms of financial management, CapitaLand’s ‘innovation capacity’ is demonstrated through its investments in innovative features for its green-certified buildings, a dedicated research and development fund and its ‘ICE’ programme, a group-wide initiative which promotes Innovation, Creativity and Entrepreneurship where innovative ideas are generated to improve processes and productivity within the Group.
CapitaLand is also listed in the Dow Jones Sustainability World Index (DJSI World) 2012/2013 and Dow Jones Sustainability Asia Pacific Index 2012/2013 and named the Asian Sector Leader in the Global Real Estate Sustainability Benchmark (GRESB) Report 2012. In 2012, CapitaLand won the ASEAN Award for Most Admired Enterprise for CSR (Large Company), and Outstanding Corporate Citizen in China by Corporate Citizen Committee of China Social Workers.
Please refer to the Appendix for more information on the following:
Global 100 Most Sustainable Corporations in the World