Dow Jones names Sands China in sustainability indices

2024-01-05 03:17
BY Rui Pastorin
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Sands China has recently been listed again by Dow Jones Sustainability Indices (DJSI) in its DJSI World for the second consecutive year, and the DJSI Asia Pacific indices for the third consecutive year, according to a statement from the integrated resort (IR) operator earlier this week.

The statement noted that the company is one of two integrated resort operators in DJSI World for 2023, alongside parent company Las Vegas Sands Corp. (LVS), and is the only integrated resort operator listed in the DJSI Asia Pacific.

The company and LVS were also one of seven companies named in the DJSI World’s broader Consumer Services category, and one of three in the DJSI Asia Pacific.

Launched in 1999 as the first global sustainability benchmark, DJSI is “a family of best-in-class benchmarks for investors who have recognised that sustainable business practices are critical to generating long-term shareholder value and who wish to reflect their sustainability convictions in their investment portfolios”, the statement added. It tracks the stock performance of the world’s leading companies in terms of economic, environmental, and social criteria.

The DJSI World index comprises global sustainability leaders as identified by S&P Global through its annual Corporate Sustainability Assessment (CSA), with Sands China’s continued inclusion demonstrating its “ability to adapt to the major changes in methodology and public disclosure expectations made in the CSA”, according to the statement.

Sands China President Wilfred Wong Ying-wai was quoted in the statement as saying: “Our company made significant strides in the latest assessment, achieving measurable advancements in categories such as biodiversity, food loss and waste, talent attraction and retention, occupational health and safety, and human capital development”.

He also thanked his staff for “ensuring that corporate values and strategies such as sustainability are translated into daily actions throughout our operation.”


This undated handout photo recently provided by Sands China shows The Venetian Macao in Cotai.


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