Global design and consultancy firm Arcadis released a report on the most sustainable cities in the world.
Arcadis said it ranks 100 global cities across three sectors of sustainability — “People, planet and profit.”
Nestled within the report, entitled “Sustainable Cities Index 2016: Putting people at the heart of city sustainability” is a “profit sub-index” which ranks all the cities in the world in order of wealth and economic sustainability.
It basically examines a city’s performance from a business perspective, combining measures that are indicators that can be “broadly be thought of as capturing economic health:”
- Transport infrastructure (rail, air and trac congestion)
- Ease of doing business
- GDP per capita
- The city’s importance in global economic networks
- Connectivity in terms of mobile and broadband access
- Employment rates
Naturally, cities that are considered major global financial centres ranked highly, as they tend to be most prosperous and have a highly-developed living infrastructure.
The more business is done in these key cities, the more money that flows through that area.
The group said “the profit sub-index is related to cities’ wealth, as the economic development indicator is the city’s gross domestic product (GDP) per capita (essentially, average economic output).”
Take a look at the top 19 cities:
19. Kuala Lumpur, Malaysia — The Asian city is one of the world’s key hubs for Islamic finance and has one of the fastest growing economies in the world.
18. Seoul, South Korea — The city ranks number one in another key Arcadis sub-index (social sustainability) which shows that Seoul has the lowest levels of income inequality or crime in the world.
17. Copenhagen, Denmark — The Danish city ranks highly across all of Arcadis’ indexes, not just this one for economic wealth.