$CapitaLandInves(9CI.SI)$ has once again been listed as a constituent on the Dow Jones Sustainability World Index (DJSI World) and Dow Jones Sustainability Asia Pacific Index (DJSI Asia Pacific) in 2022. This is CapitaLand’s 11th year on DJSI World, and 14th on DJSI Asia Pacific. CLI is the only real estate company in Singapore to be listed on DJSI World in 2022.
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.
Mr Vinamra Srivastava, CLI’s Chief Sustainability Officer, said: “CLI’s continuous inclusion in DJSI demonstrates our consistently strong environmental, social and governance (ESG) performance over the years, fostering trust amongst stakeholders as interest in ESG grows. This recognition validates CLI’s efforts in decarbonising our business as we integrate sustainability into every stage of the real estate life cycle. CLI’s inclusion in prestigious indices such as DJSI and GRESB enables us to quantify the value of our ESG impact through the interest rate savings from our sustainability-linked loans linked to these indices as part of our sustainable financing strategy. We will also continue to accelerate the adoption of innovative climate technologies and renewable energy solutions to achieve Net Zero by 2050 and our ambitious 2030 Sustainability Master Plan targets.”
In October 2022, CLI and its listed real estate investment trusts (REITs) and business trusts also obtained interest rate savings from their existing sustainability-linked loans based on their outstanding GRESB achievements. These savings are channelled to fund decarbonisation initiatives and innovations, accelerating the transition to a greener future. To date, CLI and its listed REITs and business trusts have partnered with 17 financial institutions1 to secure a total of S$11.6 billion in sustainable finance comprising sustainability-linked loans and bonds, green loans, green bonds and perpetual securities.
CapitaLand Investment, one of Singapore’s largest global real estate investment managers (Reims), has a strong Asia foothold with an asset under management of S$125 billion as of Jun 30, 2022. It was listed in September 2021, after CapitaLand Limited restructured its business to form two distinct entities –CapitaLand Investment, the listed Reim business, and CapitaLand Development, the privatized property development arm.
Hopefully the share price of $CapitaLandInves(9CI.SI)$ will continue to go up to the moon 🚀🚀🚀🌙 same as my Tiger emotion.
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