Hektar REIT Achieves Historical Success: ESG Efficiency Rewarded with Dual Gold Accolades at The Edge Malaysia ESG Awards 2023
KUALA LUMPUR, Nov 7, 2023 – (ACN Newswire) – Hektar Asset Management Sdn. Bhd., the Supervisor of Hektar Valid Estate Investment Trust (“Hektar REIT”), is cosy to speak that Hektar REIT is the proud recipient of two Gold Awards at The Edge Malaysia ESG Awards 2023 below the Fairness Awards category. These awards were for the classes of Prominent ESG and Dividend Return Award and Valid Estate Investment Trust (REIT) Award.
Hektar REIT was launched as no doubt one of this match’s largest winners within the equities category. These awards aid as a testament to Hektar REIT’s steadfast dedication to asserting the supreme levels of excellence in Environmental, Social, and Governance (ESG) practices. The mighty award ceremony took space for the length of a substantial gala dinner on the Hilton, Kuala Lumpur, on 6 November 2023 and was officiated by Minister of Natural Sources, Atmosphere, and Climate Trade Nik Nazmi Nik Ahmad.
The Edge Malaysia ESG Awards 2023, a prestigious accolade within the business, is split into two determined classes: the Fairness Awards and the Fund Awards. Its most fundamental procedure is to explore and laud the exemplary performance of Malaysia’s leaders in ESG excellence.
Under the Fairness category, The Edge Malaysia collaborates intently with Bursa Malaysia and FTSE Russell. The procedure is to highlight and celebrate the most traditional-performing PLCs, with the analysis course of grounded on the sturdy methodology offered by FTSE Russell. The Fund category sees The Edge Malaysia partnering with Morningstar to identify and reward the tip-performing asset management corporations the utilization of the latter’s diagnosed procedure. These awards were aimed at promoting ESG adoption and management amongst business leaders and consultants by recognizing their contributions and successes.
Hektar REIT certified below the category of Fairness Awards, whereby an organization might composed be listed on Bursa Malaysia and be a constituent of the FTSE Bursa Malaysia EMAS Index as of June 2023. Another key criterion for eligibility was for the companies to be assessed by FTSE Russell in December 2022 and June 2023. The Prominent ESG and Dividend Return was a recent category launched by The Edge and corporations were evaluated essentially based on their performance for the rest five years.
Johari Shukri Jamil, Executive Director & Chief Executive Officer of Hektar Asset Management Sdn. Bhd. acknowledged, “We are filled with gratitude and enthusiasm for securing these two prestigious Gold Awards, a valuable milestone in Hektar REIT’s distinctive dawdle. It is a convincing affirmation of our unwavering dedication to weaving ESG principles into every facet of our operations and strategic vision, reinforcing our dedication to sustainability and the introduction of long-lasting stakeholder payment. At Hektar REIT, we firmly deem that our steadfast embrace of sturdy ESG practices kinds the root upon which we plan sustainable payment for our esteemed unitholders, devoted customers, and the communities we’re privileged to help.
The importance of these two gold awards can not be overstated; they symbolize the historic milestone we now catch accomplished and propel us additional in opposition to continuing our sustainability mission. As we pass forward, we remain deeply dedicated to no longer simplest asserting however surpassing the excessive standards that catch earned us these accolades. We remember that this success comes with a weighty responsibility, and we embrace it with enthusiasm, passion, and the utmost dedication.
Our dawdle is much from over; it has simplest honest begun. With these two gold awards as our guiding stars, we’re sure to explore recent horizons and recent that adopting a sustainable technique is never any longer merely an option however a definitive direction in opposition to a extra promising future for everyone.”
Hektar REIT stays dedicated to integrating ESG into all facets of the business, from financial management to operations and future planning. This dedication is a cornerstone of our mission to raise sturdy and enduring payment to our stakeholders, positioning us for a prosperous future.
Hektar REIT: http://www.hektarreit.com/
Topic: Awards
Offer: Hektar REIT
Sectors: Each day Finance, Valid Estate & REIT, Atmosphere, ESG, Each day News, Native Biz
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