Capitaland Investment Commits to Net Zero by 2050
Summary
We are cognisant of our responsibility to not only contribute to Singapore’s Net Zero carbon goals, but also transition to a low-carbon business in the communities we operate in across the world. Achieving our new ambition to attain Net Zero by 2050 requires a myriad of initiatives and we will continue to regularly report our sustainability performance and impact. We pioneered a proprietary return-on-sustainability metric that includes interest rate savings from our sustainability-linked loans and utilities cost avoidance to measure the value created through our sustainability efforts. • Set a shadow internal carbon price since 3Q 2021 to gauge the environmental costs of each investment’s greenhouse gas emissions and take appropriate mitigation measures accordingly. • Garnered commitment from 100% of CLI’s contractors and vendors to abide by CapitaLand’s Supply Chain Code of Conduct to meet stringent environmental, health and safety requirements.