Investors’ pick for sustainable practices

  • CDL picked up two awards in the Securities Investors Association (Singapore) (SIAS) Investors’ Choice Awards 2018.
Investors’ pick for sustainable practices Investors’ pick for sustainable practices

CDL Group Chief Financial Officer Ms Yiong Yim Ming (second from the right) receiving the Sustainability Award from Senior Minister of State, Ministry of Law & Ministry of Health Mr Edwin Tong (second from left), Honorary Chairman of SIAS Mr Daniel Teo (left) and Chairman of Law Asia Dato Paul Supramaniam (right).

Singapore, 26 September 2018 – The Investors’ Choice Awards recognise excellence in companies and individuals adopting good corporate governance and transparency practices. Corporate governance plays an important role in supporting investment, specifically for retail investors in Singapore. SIAS, together with its industry partners, annually rate the best performing listed companies in governance and transparency for the benefit of investors.

For the 19th Investors’ Choice Awards, CDL emerged as a Winner in the Sustainability Award category. Established in 2017, the Sustainability Award is jointly presented by SIAS and the Centre for Governance, Institutions & Organisations (CGIO) of NUS Business School, and aims to recognise companies with substantial sustainability reporting practices.

CDL also received the ‘Most Transparent Company’ Runner-Up Award in the Properties category. This Award took into consideration the disclosure and transparency aspect based on publicly available information and the company’s performance. SIAS also partnered Thomson Reuters to use their reports which comprises of analyst ratings, alongside the scorecard developed for SIAS by CGIO of NUS Business School.

In addition to the Investors’ Choice Award, CDL was recently named as the Sector Leader for Office, Asia in the 2018 Global Real Estate Sustainability Benchmark (GRESB), for the second consecutive year. For its unique Environmental, Social and Governance (ESG) integration model and strong commitment, CDL has garnered recognition for ESG excellence. It has been listed on 13 leading global sustainability benchmarks including CDP (since 2007), Global 100 Most Sustainable Corporations in the World (since 2010) and MSCI ESG Leaders indexes (since 2009).

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