Press Release: Sime Darby Property is recognised on the Dow Jones Sustainability Indices
The one and only Malaysian real estate company recognised for corporate sustainability leadership in the Emerging Markets
ARA DAMANSARA, 18 September 2018 – Sime Darby Property Bhd has been recognised as an index component of the Dow Jones Sustainability Indices (DJSI), as announced by S&P Dow Jones Indices and RobecoSAM, the investment specialist that focuses exclusively on sustainability investing.
Sime Darby Property received a commendable sustainability score to be qualified as an index constituent in Dow Jones Sustainability Emerging Markets Index. The Dow Jones Sustainability Emerging Markets Index comprises emerging-market sustainability leaders as identified by RobecoSAM. It aims to represent the top 10% of the largest 800 companies in 20 emerging markets, based on long-term economic, environmental and social criteria.
The company was the only real estate industry player from Malaysia to be included in the index alongside other property players from the Philippines, Thailand, South Africa and Chile.
Sustainability is an important agenda for Sime Darby Property. The company’s initial focus on operational efficiency was strengthened by Corporate Social Responsibility (CSR) efforts and subsequently, this was expanded to embed sustainability into its business practices.
Dato’ Sri Amrin Awaluddin, Sime Darby Property Group Managing Director said, “This is a truly great honour for the Sime Darby Property team. Over the years, we have proven our commitment to sustainability by embedding sustainability practices as part of our business value chain. This is an important milestone in our sustainability journey and we could not have achieved this without the support of our employees and stakeholders.”
As a developer of large scale developments and townships, Sime Darby Property delivers impactful townships that last for generations, while minimising any negative impacts on the environment.
Sime Darby Property’s business practices and management approaches also promote the ten principles of the United Nations Global Compact, which include the areas of human rights, labour, environment and anti-corruption.
Manjit Jus, Head of ESG Ratings, RobecoSAM said, “I congratulate Sime Darby Property Berhad for being included in the Dow Jones Sustainability Emerging Markets Index. Companies that compete for a coveted place in the DJSI challenge themselves to continuously improve their sustainability practices and we are pleased to see that the number of companies that commit to achieving measurable positive impacts continues to rise.”
Created jointly by S&P Dow Jones Indices and RobecoSAM, the DJSI combine the experience of an established index provider with the expertise of a sustainability specialist in Sustainability Investing to select the most sustainable companies from across 60 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.*
— end of press release —
Next suggested article: SimeDarby property syninymous with quality
