Indeed, the initiatives taken by SGX to reduce its environmental footprint shows that it is serious about its environmental responsibility. In FY2018, the company observed Earth Hour to signal its commitment to reduce energy consumption. It also organised a Plant-A-Tree programme to encourage staff to do their part for the environment. To minimise energy wastage, motion-activated light sensors were installed in all of the company’s meeting rooms.
SINGAPORE (Sept 16): With an overall score of 40.41 points, the Singapore Exchange has emerged as the finance sector winner of The Edge Singapore’s Billion Dollar Club award. The stock exchange operator beat the three local banks — DBS Group Holdings, United Overseas Bank (UOB) and Oversea-Chinese Banking Corp (OCBC) — which came in at second, third and fourth places, respectively. It also outperformed Hong Leong Finance, Jardine Strategic Holdings, Great Eastern Holdings and Pacific Century Regional Developments.
SGX’s pole position was driven largely by its high return on equity over the last three years ended March. SGX recorded a weighted ROE of 34.24% that led it to score the full 20 points for that particular metric — the only company in the BDC finance sector to do so. The exchange’s strong performance in this year’s BDC scoring was also underpinned by its commitment to environmental, social and governance issues; it led the sector with an ESG score of 19.58 points.
