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CapitaLand receives international recognition for sustainability efforts

By Benjamin Cher

/ The Edge Singapore |

September 17, 2019 3:56 PM SGT

SINGAPORE (EDGEPROP) - CapitaLand has been listed on Dow Jones Sustainability World Index and the Global Real Estate Sustainability Benchmark, receiving international recognition for its sustainability efforts.

The real estate developer is one of two Singapore companies on the DJSI World Index this year, and has been listed on the index for eight years running. CapitaLand has also been listed on the Dow Sustainability Asia Pacific Index for 11 years running, making it the first and longest-standing company to be listed consecutively on the index.

The inclusion in the DJSI indexes is tied to CapitaLand’s sustainability-linked loans worth $600 million. These loans will see interest rates being reduced with the counter’s environmental, social and governance metrics, which includes maintaining a listing on the DJSI indexes.

This article - CapitaLand receives international recognition for sustainability efforts is originally from The Edge Singapore.com

Read also:

CapitaLand’s JV project in Kuala Lumpur over 70% sold during launch weekend

CapitaLand to install rooftop solar panels on six properties

Daiwa upgrades CapitaLand Commercial Trust to 'outperform' from 'sell' on brighter post-merger outlook

Tags:

Singapore Property News CapitaLand Dow Jones Sustainability World Index Global Real Estate Sustainability Benchmark DJSI World Index The Edge

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