Ayala Land again named one of the world’s most sustainable companies
Ayala Land Inc. (ALI) has again been listed in The Sustainability Yearbook 2018 as one of the most sustainable companies in the world, once more making it the only Philippine company included in this year’s edition. The Sustainability Yearbook is the world’s most comprehensive publication on corporate sustainability.
This year, ALI was rated only 16 points shy of the global industry best – a significant improvement from the previous year’s 24-point difference. In order to be listed in the Yearbook, companies must be within the top 15% of their industry and must achieve a score within 30% of their industry’s top performing company.
In line with its development of sustainable estates around the country, ALI is actively working to reduce the greenhouse gas (GHG) emissions in its commercial properties and aims to be carbon neutral by 2022. This will be achieved through a combination of initiatives, which include natural light and cooling design, energy efficiency, renewable energy sourcing, and carbon offset mechanisms such as forest regeneration and protection.
The company has recently committed to nurture around 450 hectares of land as carbon forests. The carbon forests will be spread across five sites in Alaminos, Laguna (133 has.); Sicogon, Iloilo (148 has.); Lio, Palawan (50 has.); Kan-Irag, Cebu (63 has.) and Talomo, Davao City (54 has.) which together are estimated to store 68,000 metric tons of CO2 to date.
“As we continue to track our various environmental, social, governance (ESG) metrics in pursuit of carbon neutrality, our inclusion in this year’s Sustainability Yearbook is a reflection of the company’s holistic commitment to environmental conservation,” said ALI Sustainability Manager Anna Maria Gonzales.
As a leading developer of mixed-use sustainable estates that promote site resilience, eco-efficiency, and pedestrian-transit connectivity, as well as support local economic growth and nation-building, ALI ensures that its sustainability and governance strategies are aligned with globally recognized standards and best practices.
The Sustainability Yearbook was established in 2004 and has since been released annually by RobecoSAM, a distinguished specialist in sustainability investing. Each year, RobecoSAM conducts its Corporate Sustainability Assessment (CSA) by surveying over 3,900 listed companies worldwide that are eligible for inclusion in one of the Dow Jones Sustainability Indices (DJSI). The companies are asked about the economic, environmental, and social factors that contributed to their success, which are not covered by conventional financial analyses. The Sustainability Yearbook helps investors identify companies that are strongly positioned to create long-term shareholder value.