Keppel Land rises to 4th position in the Global 100 Most Sustainable Corporations in the World
Singapore, 21 January 2015——At the World Economic Forum 2015 in Davos, Switzerland, today, Keppel Land Limited (Keppel Land) was ranked 4th worldwide in the esteemed Global 100 Most Sustainable Corporations in the World 2015, up 13 positions from 17th last year, coming up tops among Asian as well as real estate companies globally.
Mr Ang Wee Gee, CEO of Keppel Land, said, “Playing our part in shaping the future in cities worldwide as a leading Asian developer, Keppel Land will continue to sharpen our focus on sustainability and innovation. We are committed to operate in an economically, socially and environmentally responsible manner to achieve positive and sustainable outcomes for our businesses, the environment and the community at large.
“In doing well, we can also be doing good. This recognition spurs us on in our pursuit of excellence and to push ahead in our sustainability journey.”
Keppel Land aligns itself with internationally-recognised standards including certifications such as International Organisation for Standardisation (ISO) 9001 on quality management, ISO 14001 on environmental management as well as OHSAS 18001 on occupational health and safety, and is among the few developers in Singapore to have received this triple certification. The Company has also rolled out an integrated management system combining the ISO 9001 with the ISO 14001 and OHSAS18001 into a single framework, and also seeks guidance from ISO 26000 on social responsibility and the United Nations Global Compact.
Keppel Land continues to raise the bar in sustainability reporting by becoming among the first in Asia to adopt and align its reporting with the latest Global Reporting Initiative’s (GRI) latest G4 guidelines at the Comprehensive level for its latest Sustainability Report 2013. G4 is the fourth generation of GRI’s guidelines on sustainability reporting, and was launched in May 2013.
Keppel Land has focused its report on key material issues that have been identified through consultations with both internal and external stakeholders. These include economic performance, health and safety, compliance, environmental impact, labour practices and social responsibility.
Mr Toby Heaps, CEO of Corporate Knights, said, “In selecting the world’s clean capitalism leaders, we adopt a rigorous assessment where companies are scored on up to 12 quantitative sustainability indicators. Since its inception in 2005, companies in the Global 100 have continued blazing the trail in sustainability, carving out new ways to make more with less.
“Keppel Land has again proven itself to be a champion for sustainability, topping the Asian and real estate charts two years in a row. Awareness in sustainability has grown globally in recent years, especially so in Asian countries and the real estate sector. Developers now, more than ever, are convinced that incorporating sustainability in their business models is no longer an option, but a necessity.
"We believe that eco-leaders such as Keppel Land chart and lead the path for a greener, cleaner future with their unwavering commitment and efforts toward changing the way we do business today, at the same time, encourage more corporations to join on this continuous journey.”
Focused on environmental, social and governance performance, Keppel Land strives to ensure that sustainable policies, strategies and practices are incorporated into its day-to-day business activities. Its dedication and ongoing efforts have put the Company in good stead to meet the rising requirements for ESG disclosures.
Keppel Land is also listed in the Sustainability Yearbook 2015 for the fifth consecutive year, one of the world’s most comprehensive publications on corporate sustainability. Every year, over 3,000 of the world’s largest companies based on the S&P global BMI Index are invited to participate in RobecoSAM’s Corporate Sustainability Assessment (CSA) which identifies companies that are better equipped to recognise and respond to emerging sustainability opportunities and challenges presented by global and industry trends. To become a Sustainability Yearbook member, companies across 59 sectors must be within the top 15% of their industry and must achieve a score within 30% of the best performing industry leader’s score. Keppel Land is among only two Singaporean entries listed in the real estate industry.
Ms Elizabeth Widjaja
Group Corporate Communications
Keppel Corporation Limited
Tel: (65) 6413 6420 / (65) 92776401
Ms Serena Toh
Investor Relations & Corporate Social Responsibility
Keppel Land Limited
Tel: (65) 6433 7546