Carlsberg included in FTSE4Good Bursa Index

Its managing director Ted Akiskalos(pic) said Carlsberg Malaysia’s inclusion in the F4GBM index is a humbling encouragement of its ongoing efforts toward responsible business practices.

PETALING JAYA: Carlsberg Brewery Malaysia Bhd has been included in the FFTSE4Good Bursa Malaysia (F4GBM) Index as it demonstrated a class-leading commitment to responsible business practices and inclusive disclosure on environmental,social and governance (ESG) matters.

In a statement,the company said its inclusion in the index,effective June 24,was following Bursa Malaysia Bhd’s bi-annual review,which concluded in June.

Carlsberg Malaysia is the only brewer and one of three fast-moving consumer goods companies included in the F4GBM index.

Its managing director Ted Akiskalos said Carlsberg Malaysia’s inclusion in the F4GBM index is a humbling encouragement of its ongoing efforts toward responsible business practices.

“While we want to remain attractive to our shareholders through consistent growth in top and bottom-line performance,we are also grateful for the endorsement from the investment community that acknowledges our efforts in sustainability and sound corporate governance,” he added.

Akiskalos said as a brewer with rich heritage and footprint here in Malaysia,Carlsberg Malaysia remained true to its purpose of Brewing for a Better Today and Tomorrow for 50 years and counting.

“This is reflected in our constant pursuit of being better in our products and day-to-day operations,as well as in the value we strive to create for shareholders,consumers,business partners,employees and members of the public in a sustainable manner,” it said.

Carlsberg Malaysia’s ESG initiatives are aligned with the Carlsberg Group’s global sustainability ambitions encapsulated in Together Towards ZERO,a group-wide set of targets aimed at addressing the group’s four focus areas of carbon footprint,water usage,responsible drinking and workplace accidents.

These ambitions are closely linked to the United Nations’ Sustainable Development Goals with key milestones in 2022 and 2030.

Carlsberg Malaysia also saw a record-breaking 2018 financial year with a total dividend payment amounting to 100 sen per ordinary share,a result of revenue growing 14.6% to RM1.98bil year-on-year,net profit increasing by 25.3% to RM277.2mil,and improved free cashflow by 7.4% to RM328mil.

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