What is the significance of the Dow Jones Sustainability index where DLF has just been included?
Answer
Answer
DLF was granted recognition by inclusion as an index component of the Dow Jones Sustainability Indices or DJSI in the emerging markets category. There are 11 Indian companies already in this list but DLF is the first real estate player in this list.
What this inclusion implies is that it attests DLF with respect to its governance as well as social and environmental initiatives. DLF achieved 93 percentile overall score in governance, environment and social dimensions.
DLF ranked 18th among 250 global realty companies across the US, UK, Japan, Singapore and Hong Kong The DJSI index was jointly created by S&P Dow Jones Indices, a globally reputed index provider, and SAM, a specialist in sustainable investing.