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Company News Summary

Scentre Group Provides Chairman's and CEO's Address at AGM

08 Apr 2021  |  09:42:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Annual General Meeting - Address to Securityholders

Scentre Group provided Chairman's and CEO's Address at AGM. It reported During 2020, it announced the target to achieve net zero carbon emissions by 2030 and committed to the Task Force for Climate-related Financial Disclosures. For FY 2021, the Company have retained a reduced ROCE hurdle of 50% and introduced a relative total shareholder return hurdle (30%) and a strategic measure hurdle (20%). The Group executed $10.1bn of new and extended funding, including $3.6bn of bank facilities, $2.4bn of long-term bonds and $4.1bn of subordinated notes.

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