News
CapitaLand Investment Remains In Dow Jones Sustainability Indices 2023
India, December 15, 2023: CapitaLand Investment Limited (CLI) maintained itself on the Dow Jones Sustainability World Index (DJSI World) and Dow Jones Sustainability Asia Pacific Index (DJSI Asia Pacific) this year. This is CapitaLand’s 12th consecutive year on DJSI World, and 15th straight year on the DJSI Asia Pacific.
CLI is a Singapore-based real estate company listed on DJSI World in 2023 under the “Real Estate Management and Development” category. CapitaLand is also the first and longest standing real estate company in Singapore to be listed on DJSI Asia Pacific.
The DJSI World and DJSI Asia Pacific comprise the top 10% and top 20% of the world’s largest companies respectively based on long-term economic, environmental and social criteria.
Vinamra Srivastava, CLI’s Chief Sustainability Officer, said: “Despite macroeconomic and geopolitical challenges, we remain resolute towards achieving our sustainability goals. CLI’s continued inclusion in prestigious indices such as the DJSI is testament of our effective and consistent environmental, social and governance (ESG) outcomes. The recognition reaffirms our reputation as a global sustainability leader and enables CLI to expand our pool of capital partners, attracting more like-minded and socially responsible investors and financial institutions.”
“Additionally, the savings from our sustainable financing instruments tied to our ESG performance are redeployed towards our decarbonisation strategies. This boosts our efforts towards Net Zero carbon emissions for scope 1 and 2 by 2050 as well as our elevated ESG targets in our refreshed 2030 Sustainability Master Plan. With sustainability integrated in our entire real estate life cycle, CLI remains steadfast as we strive towards creating a positive impact in the environment and communities we operate in,” added Srivastava.
CLI will obtain interest rate savings from four sustainability-linked loans totalling S$600 million that are pegged to its inclusion on DJSI. In October 2023, CLI and its listed real estate investment
trusts (REITs) and business trusts also obtained interest rate savings from sustainability-linked loans linked to their strong GRESB achievements.
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