DLF Limited, India's leading real estate company, has been recognised as an index component of the Dow Jones Sustainability Indices (DJSI) in Emerging markets category.
This recognition demonstrates DLF's track record for its governance, social and environmental initiatives. While DLF is the only real estate company from India to be included in the DJSI index, it joins the ranks of just 11 companies from India to be recognised for the benchmark for Corporate Sustainability.
The company achieved 93 Percentile overall score in Governance, Environment & Social Dimension. It scored 100 percentiles in various criterions including social reporting, environmental reporting and social integration. The company demonstrated a stellar improvement in performance over last year.
DLF now ranks 18th amongst 250 global real estate companies across the US, UK, Japan, Singapore, Hong Kong etc. as per Corporate Sustainability standards in 2020.
DLF received an exemplary sustainability score and qualified to be an index constituent in the Dow Jones Sustainability Emerging Markets Index within the second year of its participation. It competed with over 250 real estate companies worldwide to achieve this feat.
In its 2020 edition, DJSI Emerging Markets Index recognised 100 companies across industries in emerging markets like China, Brazil, Hong Kong, Mexico, Chile, Thailand, Taiwan, Colombia, amongst others besides India, as emerging-market sustainability leaders. Created jointly by S&P Dow Jones Indices and SAM, the DJSI combinesthe experience of an established index provider with the expertise of a specialist in Sustainable Investing to select the most sustainable companies from across 61 industries.
Rajiv Singh, Chairman, DLF said, "DLF Limited is proud to be the only Indian Real Estate Company to be listed on the renowned indices of DJSI. As a leading real estate company, sustainability is integral to our business. With dynamically evolving environmental and social landscape, sustainability is the only way forward for us. Hence, as we play our part in building resilient ecosystems that promote a more sustainable way of living, we are continually striving to embed leading ESG practices in our dayto-day operations. Based on innovation and backed by sound governance, we are making dedicated efforts to promote resource efficiency, a low carbon economy and local socio-economic development. We are able to actualise our commitment to sustainability through enduring collaborations with our
peers, partners, customers and communities."
Manjit Jus, Global Head of ESG Research and Data, S&P Global said, "We congratulate DLF Limited for being included in the DJSI Emerging Markets. A DJSI distinction is a reflection of being a sustainability leader in real estate industry. With a record number of companies participating in the 2020 Corporate Sustainability Assessment and more stringent rules for inclusion this year, this sets DLF apart and rewards your continued commitment to people and planet."
Sustainability is inscribed in DLF's approach towards built environment. The company has steered through changing times adopting highest environmental standards addressing the most pressing challenges faced by our nation. Today, DLF has integrated various facets of environmental, social and governance practices in its operations.
Shares of DLF LTD. was last trading in BSE at Rs.188.2 as compared to the previous close of Rs. 184.5. The total number of shares traded during the day was 610371 in over 3914 trades.
The stock hit an intraday high of Rs. 190.6 and intraday low of 184.1. The net turnover during the day was Rs. 114218442.