For the second straight year, Sime Darby Property has been selected as an index component of the Dow Jones Sustainability Indices (DJSI).
The inclusion reinforces Sime Darby Property’s sustainability credentials as it is the
only Malaysian property developer to qualify for the Dow Jones Sustainability Emerging Market Index alongside other property companies from the Philippines, Thailand, Mexico, Chile, and South Africa.
The Dow Jones Sustainability Emerging Market Index comprises emerging-market sustainability leaders identified by RobecoSAM, the investment specialist that focuses exclusively on sustainability investing.
It aims to represent the top 10% of the largest 800 companies in 20 emerging markets, based on long-term economic, environment, and social criteria.
Sime Darby Property observes sustainability as an important agenda in line with its vision of building sustainable communities.
Dato’ Wan Hashimi Albakri Wan Ahmad Amin Jaffri, Acting Group Chief Executive Officer of Sime Darby Property said the recognition is a great honour for the Sime Darby Property team and the achievement reflects the company’s commitment towards sustainable practices.
“This will definitely spur us to further our sustainability journey. We recognise that our greatest responsibility is to ensure that our townships and projects will have positive impact on the economy, society and the environment, to protect the well-being of future generations.”
Sime Darby Property’s latest initiative is the Elmina Rainforest Knowledge Centre and nursery for endangered, rare and threatened (ERT) trees. While the centre will focus on environmental education and conservation, research & development, and promotion of eco-tourism, the ERT Tree Nursery will focus on producing up to 100,000 ERT tree species.
The company will keep up efforts to measure the progress of its sustainable journey, by tracking and monitoring its impact on the environment through a combination of initiatives while achieving internal reduction targets.
Manjit Jus, Head of ESG Ratings, RobecoSAM said, “We congratulate Sime Darby Property for being included in the Dow Jones Sustainability Emerging Markets Index.
“The SAM Corporate Sustainability Assessment has again raised the bar in identifying those companies best-positioned to address future sustainability challenges and opportunities.
This year – which marks the 20th anniversary of the DJSI – record corporate interest in the SAM CSA reflects the enduring relevance of the DJSI for measuring and advancing ESG practices.”
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 specialist in
Sustainable Investing to select the most sustainable companies from across 6 industries.
