CapitaLand retains global leadership in sustainability with listing in the Dow Jones Sustainability World Index for the second consecutive year
Singapore, 12 September 2013 – CapitaLand Limited (CapitaLand) has been listed in the Dow Jones Sustainability World Index (DJSI World) 2013/2014 and the Dow Jones Sustainability Asia Pacific Index (DJSI Asia Pacific) 2013/2014. This is the second consecutive year that the Group has been listed in the DJSI World. CapitaLand was also the first Singapore real estate company to be listed in the DJSI Asia Pacific when it was launched in 2009.
The indices were released today by S&P Dow Jones Indices, one of the world’s largest providers of financial market indices and RobecoSAM, the investment specialist focused exclusively on Sustainability Investing. DJSI World features the best-performing 333 companies out of the 2,500 largest companies based on free-float market capitalisation in the S&P Global Broad Market Index across 45 countries worldwide. DJSI Asia Pacific contains the top 152 out of the 600 largest companies across six countries in Asia Pacific.
DJSI, launched in 1999, is a family of indices evaluating the sustainability performance of the largest 2,500 companies listed on the S&P Global Broad Market Index. It is the longest-running global sustainability benchmark worldwide and has become the key reference point in sustainability investing for investors and companies.
Under DJSI, companies are reviewed based on RobecoSAM’s internationally recognised Corporate Sustainability Assessment methodology. Following a best-in-class approach, companies are selected for the indices based on a comprehensive assessment of their corporate sustainability performance in the economic, environmental and social dimensions. Companies are divided into 59 industries and assessed based on general as well as industry-specific sustainability trends. Only firms that lead their industries based on this assessment are included in the indices.
Mr Lim Ming Yan, President & Group CEO, CapitaLand Limited said: “We are honoured to be listed in the DJSI World and DJSI Asia Pacific again this year. As one of the first real estate companies in Asia to be listed in both indices, we will continue our sustainability drive to stay ahead of global trends for the benefit of our stakeholders.”
“Sustainable investing has increasingly gained traction globally in recent years. This is reinforced by the positive relationship between sustainability and financial performance. Even before sustainability became recognised as an important aspect of business strategy by businesses, CapitaLand had already embarked on the journey. We have been actively engaging our stakeholders to understand their needs and encourage them to join us in our sustainability drive. An integral part of our business, a focus on sustainability is ingrained in every decision made in various stages of our real estate value chain - from designing and conceptualising a project, building, to operating it in a responsible and ethical manner.”
Recently, CapitaLand was named both the Regional Sector Leader for Asia and the Global Sector Leader in the ‘Diversified’ property category by the Global Real Estate Sustainability Benchmark (GRESB). Among 74 real estate companies and funds surveyed in Asia, CapitaLand was the only organisation to be named a Global Sector Leader.
Sector leaders are recognised for their outstanding performance among regional peers and their best practices in sustainability performance illustrate the way forward for the real estate industry. The results were part of the GRESB’s 2013 Report based on sustainability data gathered from 543 real estate companies and funds, providing aggregate information on 49,000 properties in 46 countries across the globe. Together, the 543 real estate companies and funds surveyed represent US$1.6 trillion in gross asset value.