Ranked 58th in the Global 100 Most Sustainable Corporations in the World index by Corporate Knights, this is CapitaLand’s ninth time on the list, jumping five places from the previous year. Image: CapitaLand
CapitaLand on Monday announced that it has been included in the Global 100 Most Sustainable Corporations in the World index by Corporate Knights – the ninth time the group was included in the list.
For this year, CapitaLand jumped five places to 58th spot from the previous year.
The top 100 corporations were selected following an analysis of more than 8,000 companies against a set of 24 key performance indicators such as resource efficiency, clean revenue, financial management, supplier performance and employee management.
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This year’s analysis also included new indicators like clean investment as well as diversity among board of directors and executives.
“With the launch of CapitaLand’s 2030 Sustainability Master Plan last October, we continue to elevate our environment, social and governance (ESG) efforts with ambitious targets over the next decade,” said Lynette Leong, Chief Sustainability Officer for CapitaLand Group.
All its developments should adhere to CapitaLand’s Sustainable Building Guidelines which “incorporate the design and construction specifications in accordance with CapitaLand’s 2030 Sustainability Master Plan targets”, said the company in a release.
CapitaLand shared that it is also developing a new metric – Return on Sustainability – on top of the regular financial return to measure its ESG impact.
“To accelerate resource efficiency and shape a more sustainable built environment by developing greener and safer buildings for the communities, we also launched an inaugural CapitaLand Sustainability X Challenge. It is the first global platform by a real estate company to advance innovation and collaboration in sustainability within the built environment,” revealed Leong.
In congratulating CapitaLand, Corporate Knights CEO Toby Heaps said the group has improved in its rankings due to its strong performance in clean investment and clean revenue.