Brewer included in global FTSE4Good Index Series by demonstrating strong environmental, social and governance practices
SHAH ALAM, 5 August 2019 – Carlsberg Brewery Malaysia Berhad (“Carlsberg Malaysia”) is now listed among the newest constituents in the FTSE Russell FTSE4Good Bursa Malaysia (“F4GBM”) Index, following Bursa Malaysia Berhad’s bi-annual review which concluded in June.
Carlsberg Malaysia’s inclusion, effective 24 June 2019, means the company is now ranked among only 71 leading Malaysian public-listed companies who have demonstrated a class-leading commitment to responsible business practices and inclusive disclosure on environmental, social and governance (ESG) matters.
Carlsberg Malaysia is the only brewer and one of three fast-moving consumer goods (FMCG) companies included in the F4GBM index.
Commenting on the recognition by Bursa Malaysia, Managing Director of Carlsberg Malaysia Ted Akiskalos said, “As a brewer with rich heritage and footprint here in Malaysia, Carlsberg Malaysia remains true to our purpose of Brewing for a Better Today and Tomorrow for 50 years and counting. This is reflected in our constant pursuit of better in our products and day-to-day operations, as well as in the value we strive to create for shareholders, consumers, business partners, employees and members of the public in a sustainable manner.”
“Our inclusion in the F4GBM index is a humbling encouragement of our ongoing efforts toward responsible business practices. While we want to remain attractive to our shareholders through consistent growth in top- and bottom-line performance, we are also grateful for the endorsement from the investment community that acknowledges our efforts in sustainability and sound corporate governance,” Akiskalos added.
Carlsberg Malaysia’s ESG initiatives are aligned with the Carlsberg Group’s global sustainability ambitions encapsulated in Together Towards ZERO, a groupwide set of targets aimed at addressing the Group’s four focus areas of carbon footprint, water usage, responsible drinking, and workplace accidents. These ambitious are closely linked to the United Nations’ Sustainable Development Goals (UN SDGs) with key milestones in 2022 and 2030.
Carlsberg Malaysia also saw a record-breaking 2018 financial year with a total dividend payment amounting to 100.0 sen per ordinary share, a result of revenue growing 14.6% to RM1.98 billion year-on-year. net profit increasing by 25.3% to RM277.2 million, and improved free cash flow by 7.4% to RM328.0 million.
The FTSE4Good Index Series is created by the global index provider FTSE Russell and is designed to measure the performance of companies demonstrating strong ESG practices. Globally, the FTSE4Good indices are used by a variety of market participants and investors to create and assess responsible investment funds and other products.
In Malaysia, F4GBM was launched in December 2014 and its constituents are drawn from companies on the FTSE Bursa Malaysia EMAS Index across small, medium and large market capitalisation segments. The index is reviewed in June and December by Bursa Malaysia against globally recognised international benchmarks developed in collaboration with FTSE Russell.
For more information on Carlsberg Malaysia’s most recent investor disclosures, ESG practices and sustainability goals, visit carlsbergmalaysia.com.my.