Sembcorp Enters Dow Jones Sustainability Asia Pacific Index, Highlighting ESG Commitment

Sembcorp
As the sole new entrant from Singapore this year, Sembcorp joins the ranks of CapitaLand Investment, ComfortDelGro, Keppel, ST Engineering, and Wilmar International, shining a spotlight on Singapore’s corporate commitment to environmental, social, and governance (ESG) excellence.
SINGAPORE — Sembcorp Industries has earned its place among the region’s sustainability leaders, debuting on the prestigious Dow Jones Sustainability Asia Pacific Index (DJSI Asia Pacific). As the sole new entrant from Singapore this year, Sembcorp joins the ranks of CapitaLand Investment, ComfortDelGro, Keppel, ST Engineering, and Wilmar International, shining a spotlight on Singapore’s corporate commitment to environmental, social, and governance (ESG) excellence.

RELEVANT SUSTAINABLE GOALS 

The Road to Recognition: Sembcorp’s Breakthrough

Sembcorp’s inclusion marks a pivotal achievement in the company’s sustainability journey. Each year, the S&P Dow Jones Indices evaluate corporations worldwide, identifying those that exemplify long-term economic, environmental, and social performance. The DJSI Asia Pacific Index recognizes the top 20 percent of the region’s largest companies, a competitive benchmark where new entrants face stiff challenges.
For Sembcorp, this milestone is more than a trophy—it signals a commitment to a future where sustainability drives business and innovation. As the world grapples with the escalating impacts of climate change, such recognitions validate efforts to align corporate strategies with global sustainable development goals.
Singapore’s representation on the DJSI Asia Pacific Index reflects its position as a regional leader in ESG standards. Alongside Sembcorp, the following companies retained their places on the 2024 list:
  • CapitaLand Investment (CLI)
  • ComfortDelGro
  • Keppel Corporation
  • ST Engineering
  • Wilmar International
Notably, several of these companies also secured spots on the Dow Jones Sustainability World Index, which recognizes the top 10 percent of global corporations for sustainability leadership.

Champions of Sustainability: Corporate Voices

For ComfortDelGro, 2024 marks its sixth consecutive year on the index—a testament to its steadfast dedication to ESG principles. Cheng Siak Kian, the company’s managing director and CEO, emphasized the broader implications of such recognition.
 
“This drives us to create lasting positive impact for our stakeholders and the communities we serve, while continuously raising the bar on ESG standards,” Cheng stated.
Keppel, a third-year entrant on the Asia Pacific Index and a consistent presence on the World Index, echoed similar sentiments. Chief Sustainability Officer Ho Tong Yen highlighted the company’s dual commitment to sustainable operations and decarbonization solutions.
 
“These recognitions reaffirm Keppel’s commitment to both run our business sustainably and make sustainability our business,” Ho said.
 
CLI and Wilmar International also retained their spots on the World Index, underscoring their roles as global ESG benchmarks in their respective industries.

What’s Next for Sembcorp and Singapore Inc.?

While accolades such as the DJSI Asia Pacific Index celebrate corporate progress, they also cast a spotlight on the urgent challenges that remain. As climate change accelerates and resource scarcity looms, the pressure on corporations to lead by example has never been greater.
 
Singapore, a city-state often celebrated for its environmental stewardship, serves as a microcosm of this global tension. Its companies are navigating a fine line between maintaining profitability and driving meaningful change in a carbon-constrained world.
Sembcorp’s debut on the DJSI Asia Pacific Index heralds new opportunities—and responsibilities—for the company. As a rising star in the sustainability sphere, Sembcorp must now match its recognition with measurable outcomes that benefit both the environment and society.
 
For Singapore, the growing number of companies on global ESG indices is a source of pride and pressure. Can these corporations sustain their momentum while inspiring others to follow suit?