CapitaLand Limited Publishes Integrated Global Sustainability Report 2016
CapitaLand released its eighth Global Sustainability Report entitled “Building Sustainable Real Estate of the Future”. The report reaffirms CapitaLand’s commitment to sustainability and covers CapitaLand’s international portfolio in over 20 countries and global workforce of more than 12,700 employees.
This year, the report additionally referenced the United Nations (UN) Sustainable Development Goals (SDG) and was prepared in accordance with latest Global Reporting Initiative (GRI) Standards: Core Option. It continued to apply the Guiding Principles of the International Integrated Reporting (IIRC) Framework as well as ISO 26000:2010 Guidance on Social Responsibility to this report.
Some 2016 global sustainability performance highlights include:
- 26.2% reduction in carbon emissions intensity since 2008, exceeding its 2020 target of 23%
- S$ 108 million in utilities cost avoidance since 2009 arising from 18.8% and 21.8% energy and water consumption reduction (per m2 with base year 2008) respectively
- 4,700 tonnes of recyclable waste diverted from landfills
- Over 80 electric vehicle (EV) charging stations installed in its properties worldwide
- About 32% of senior management positions filled by women
- Over 54 training hours per staff
- Over 16,000 volunteer service hours contributed by staff in CapitaLand properties
Read CapitaLand’s Integrated Global Sustainability Report 2016 here: http://www.capitaland.com/sustainability/sustainability-report. The Report covers CapitaLand’s five listed real estate investment trusts - CapitaLand Mall Trust, CapitaLand Commercial Trust, Ascott Residence Trust, CapitaLand Retail China Trust and CapitaLand Malaysia Mall Trust. It completed the GRI Materiality Disclosures service. The whole report is externally assured to AA1000Assurance Standard, and all figures, statements and claims related to sustainability during FY2016 and the accuracy and reliability of its statements and figures validated. The assurance engagement was conducted in accordance with the International Standard on Assurance Engagements 3000 (ISAE 3000).
CapitaLand welcomes feedback from its stakeholders as this enables continual improvement in its sustainability policies, processes and performance. Please send your comments and suggestions to ask-us@capitaland.com.
About CapitaLand Limited (www.capitaland.com)
CapitaLand is one of Asia’s largest real estate companies. Headquartered and listed in Singapore, it is an owner and manager of a global portfolio worth more than S$78 billion as at 31 March 2017, comprising integrated developments, shopping malls, serviced residences, offices, homes, real estate investment trusts (REITs) and funds. Present across more than 130 cities in over 20 countries, the Group focuses on Singapore and China as core markets, while it continues to expand in markets such as Vietnam and Indonesia.
CapitaLand’s competitive advantage is its significant asset base and extensive market network. Coupled with extensive design, development and operational capabilities, the Group develops and manages high-quality real estate products and services. It also has one of the largest investment management businesses in Asia and a stable of five REITs listed in Singapore and Malaysia – CapitaLand Mall Trust, CapitaLand Commercial Trust, Ascott Residence Trust, CapitaLand Retail China Trust and CapitaLand Malaysia Mall Trust.
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