City Developments Limited (CDL) is ranked 28th on 2023’s Global 100 ranking, maintaining its position as the top real estate company in the world and the most efficient Singapore company.
The Global 100, compiled annually by the Toronto-based media and investment analysis business Corporate Knights, ranks the most sustainable businesses in the world. The list for this year’s edition, more than 6,700 companies earning more than $1 billion ($1.33 billion) in annual revenue were evaluated using a set of important performance indicators, which include the management of resources, employee management as well as finance management, sustainable revenues management, sustainable investment, as well as the performance of their suppliers.
“CDL is honored to have been included on the Global 100 Most Sustainable Corporations for the 14th year in a row,” remarks Sherman Kwek, CDL group CEO, in a press announcement. “As the world moves towards a net-zero goal, CDL will continue to actively contribute to the global sustainability agenda and a sustainability path we began over two decades in the past.”
CapitaLand was also recognized in The Global 100, ranking 56th in the list . This is an increase of 19 places over the previous year’s rankings. CapitaLand has made its way onto the Global 100 list for 11 consecutive years. “CLI’s regular inclusion in prestigious indexes like The Global 100, Dow Jones Sustainability Indices, and GRESB is proof of our leadership in global sustainability in the field of real estate,” Vinamra Srivastava, the chief of CLI’s sustainability department.