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SINO LAND CO LTD S/ADR (SNLAY) is a subsidiary of Sino Group and is a leading property developer in Hong Kong. The company has recently been named one of the World's Most Sustainable Companies 2024 by Time Magazine and Statista for its commitment to sustainable business practices and transparency in ESG disclosures. SINO LAND focuses on sustainability, with recognition from prestigious indices like Global 100 Most Sustainable Corporations, CDP Climate Change rating, and DJSI Asia Pacific. The company's long-term strategies are guided by the Sustainability Vision 2030, ensuring credibility and transparency in ESG disclosure.
Sino Land (0083.HK) has achieved a significant milestone by being included in the Dow Jones Sustainability World Index (DJSI World) and maintaining its position in the DJSI Asia Pacific Index for the third consecutive year. The company has also been added to the FTSE4Good Index Series.
The DJSI World Index represents the top 10% of 2,500 largest companies in the S&P Global BMI, evaluating over 13,000 companies across 62 industries through the Corporate Sustainability Assessment (CSA). The assessment covers approximately 23 sustainability topics through 110 targeted questions.
The FTSE4Good Index Series, created by FTSE Russell, evaluates companies' ESG practices using more than 300 individual indicators. Daryl Ng, Deputy Chairman and ESG Steering Committee Chairman of Sino Group, highlighted the company's achievements in sustainable building, customer relations, and supply chain management, emphasizing their alignment with global sustainability standards.
Sino Land has been recognized among the World's Most Sustainable Companies 2024 by Time Magazine and Statista, ranking 153rd out of the top 500 globally. This accolade highlights Sino Land's dedication to sustainable business practices and transparency in ESG disclosures. The ranking process evaluated over 5,000 influential companies using more than 20 key performance indicators (KPIs), including external sustainability commitments, CDP and SBTi ratings, and adherence to international standards like GRI and TCFD. Sino Land's notable sustainability recognitions include the Global 100 Most Sustainable Corporations, CDP 2023 'A-', DJSI Asia Pacific, S&P Global Sustainability Yearbook, and MSCI ESG 'AA' rating. The company has also integrated disclosure metrics from the TCFD and published its Sustainability Report referencing ISSB's new IFRS standards and the TNFD framework.
Big Data Exchange (BDx) has announced plans to develop a new 16MW data center named HKG8 in Hong Kong's Kwai Chung District, targeting operation by the end of 2023. This facility will be BDx's fourth in Hong Kong and will cater to the growing hyperscale market, offering advanced features for digital transformation. As part of a rapidly expanding market projected to reach US$4 billion by 2027, the new data center will enhance connectivity and support BDx's commitment to sustainability. The project comes with over US$1 billion in committed equity capital, reinforcing BDx's growth trajectory in the Asia-Pacific region.
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