ECONOMY | Staff Reporter, Singapore

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.

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