SINGAPORE - Various Singapore companies have made it to the ranks of the world's 100 most sustainable companies again in a global ranking.
Keppel Land, City Development (CDL), CapitaLand and StarHub made it to the Global 100 list, with the news announced on Jan 22 at the World Economic Forum in Davos, Switzerland, by Corporate Knights, a Toronto-based media and investment research company.
The Global 100, which is in its 11th year, is a list of the world's most sustainable corporations. It is deemed as the gold standard in corporate sustainability analysis.
Corporate sustainability involves companies adopting strategies and practices that address the key issues for the world's sustainable development such as environmental protection, health and human rights development and fair globalisation.
Developer Keppel Land has been ranked fourth worldwide, up from 17th last year.
Mr Tan Seng Chai, CapitaLand's group chief corporate officer, said: "These accolades are the results of our ongoing efforts to integrate sustainability into our business."
Telecommunications company StarHub has seen its ranking improve from the 29th position in 2014 to 24th this year.
Listed companies - some 4,609 firms - with a market capitalisation of more than US$2 billion, were considered in the 2015 Global 100 project.
Mr Michael Yow, lead analyst at Corporate Knights Capital, said that StarHub's progress shows "its unrelenting commitment to sustainability and serves as an example of best practice for the telecommunications services industry globally".
He added that CapitaLand's results demonstrate a "continued commitment to sustainability, to strike the right balance in addressing the interests of its stakeholders".
StarHub's chief executive Tan Tong Hai said: "At the end of the day, we are all obliged to safeguard our environment and fellow man.
"After all, we did not inherit the earth from our forefathers; we are preserving it for our children."