Sime Darby Property recognised on Dow Jones Sustainability Indices

Sime Darby Property Bhd reported slightly higher net profit of RM640mil in the financial year ended June 30, 2018 mainly due to higher contribution from concession arrangement segment and two sale transactions.

KUALA LUMPUR: Sime Darby Property Bhd has been recognised as an index component of the Dow Jones Sustainability Indices (DJSI).

Sime Darby Property received a commendable sustainability score to be qualified as an index constituent in Dow Jones Sustainability Emerging Markets Index. 

The Dow Jones Sustainability Emerging Markets Index comprises emerging-market sustainability leaders as identified by RobecoSAM, an 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, environmental and social criteria. 

In a statement, Sime Darby Property said it was the only real estate industry player from Malaysia to be included in the index alongside other property players from the Philippines, Thailand, South Africa and Chile. 

“This is a truly great honour for the Sime Darby Property team. 

“Over the years, we have proven our commitment to sustainability by embedding sustainability practices as part of our business value chain. 

“This is an important milestone in our sustainability journey and we could not have achieved this without the support of our employees and stakeholders,” Sime Darby Property Group Managing Director Datuk Seri Amrin Awaluddin said.

As a developer of large scale developments and townships, he said, Sime Darby Property delivers impactful townships that last for generations, while minimising any negative impacts on the environment. 

Its business practices and management approaches also promote the ten principles of the United Nations Global Compact, which include the areas of human rights, labour, environment and anti-corruption.