ComfortDelGro named leading sustainability company for two years in a row

ComfortDelGro named leading sustainability company for two years in a row

For two years in a row, ComfortDelGro Corporation Limited has been included in the Dow Jones Sustainability Index Asia Pacific (DJSI Asia Pacific), further cementing its position as one of the world’s leading companies for sustainability.

It is one of five Singapore companies and the only local transport company to have been included in the regional index, the undisputed gold standard in sustainability benchmarking. It first made it to the prestigious index last year.

ComfortDelGro has improved its performance this year to be at the 80th percentile among industry peers for all companies assessed this year, an improvement from its 70th percentile position in 2019. More specifically, ComfortDelGro was rewarded for its performance in the areas of Climate Strategy, Operational Eco-Efficiency, Information Security/Cybersecurity & System Availability, Risk and Crisis Management, as well as Human Capital Development.

Mr Yang Ban Seng, Managing Director/Group CEO of ComfortDelGro, said: “Our inclusion in the Index for the two years in a row is testament to our firm commitment towards sustainable development. Our triple bottom line approach, encompassing the social, economic and environmental dimension, forms the basis of how we make all our decisions.

As a global mobility provider, we will continue to ensure our investments in sustainability create value and long-term growth for the Company and our Stakeholders, and that our various Environmental, Social and Governance (ESG) efforts will strengthen the Group as a sustainable enterprise.”

Mr Manjit Jus, Global Head of ESG Research and Data, S&P Global said: “We congratulate ComfortDelGro for being included in the DJSI Asia Pacific. A DJSI distinction is a reflection of being a sustainability leader in your industry. With a record number of companies participating in the 2020 Corporate Sustainability Assessment and more stringent rules for inclusion this year, this sets your company apart and rewards your continued commitment to people and planet.”

Launched in 2009, ten years after the DJSI was introduced, the DJSI Asia Pacific is a key reference point in sustainability investing for investors and companies alike with companies being analysed based on a broad range of ESG factors including corporate governance, risk management, climate change mitigation, supply chain standards and labour practices. It tracks the performance of the top 20 per cent of the 600 largest Australian, Hong Kong, Japanese, Korean, Singapore companies that lead the field in terms of sustainability practices.

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