Three Singapore firms named to world’s most sustainable companies list


16 companies that made it to the list are from Asia.
Three companies from Singapore made it into the 2021 Global 100 Rankings for Most Sustainable Companies.
Real estate firm City Developments Ltd fell from 36th place to 40th spot with an overall score of 69.2%.
Another real estate firm, Capitaland, jumped from 63rd spot to 58th place with a score of 64.1%
Singapore telco Starhub was not in the rankings last year, but it placed 80th in the global rankings with a score of 58.9% this year.
Meanwhile, France-based industrial conglomerate Schneider Electric jumped from 29th place last year to the top spot with an overall score of 83.2%.
According to the index, the countries with the most sustainable corporations in their rankings are Europe and United Kingdom, North America, and Asia.
Under their guidelines, Corporate Knights screens for sustainability disclosure practices, financial health, product categories, and behaviour and financial sanctions in companies.
The group’s cash PATMI is expected to fall by 35% to 45%. Real estate group CapitaLand’s FY 2020 performance would be “materially and adversely” impacted, the firm announced in its Q3 2020 trading outlook report. For FY 2020, the group’s operating profit after tax and minority interests (PATMI) is expected to drop by 20% to 30% from $1.057.2m logged in FY 2019.
The venture will look to partner with fixed income issuance platforms. Singapore Exchange (SGX) and Temasek have formed a joint venture (JV) set to be Asia Pacific’s first exchange-led digital asset venture focused on capital markets workflows through smart contracts, ledger and tokenisation technologies, according to a press release. The JV will look to partner with fixed income issuance platforms to connect to its post-trade and asset…
The proposal’s framework aims to help the country transform into a smart nation. Additional grants, incentives, and tax rebates in the 2021 budget will help Singapore become a smart nation and a world-leading supply chain hub whilst improving food security and promoting business transformation, according to KPMG’s Budget 2021 proposal. In the proposal, KPMG stressed the importance of 5G in Singapore’s transformation into a smart nation.
Two in five APAC business leaders said this has improved customer experience during the pandemic. Digitisation has long been touted as the future of servicing, with the COVID-19 pandemic widely said to have accelerated the technological shift.
For the entirety of 2020, the RPI increased by 5%. The Resale Price Index (RPI) for Q4 2020 is 138.1, 3.1% higher than in Q3 2020, according to the public housing figures released by the Housing & Development Board (HDB). For the entirety of 2020, the RPI inched up by 5%. According to the report, resale transactions decreased by 1.9% QoQ from 7,787 cases in Q3 2020 to 7,642 cases in Q4 2020.
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