Sustainability

Climate-Related Commitments & Disclosures

CapitaLand Investment Climate Resilience Report 2023

The CLI Climate Resilience Report 2023 provides climate-related disclosures which contain information related to climate risks and opportunities, consistent with the Task Force on Climate-related Financial Disclosures (TCFD) recommendations.

In line with CLI’s commitment to environmental sustainability, no printed copies of this report were made. The PDF version of the report is mobile friendly.

  • CapitaLand Investment Climate Resilience Report 2023

    In alignment with recommendations of the Task Force on Climate-related Financial Disclosures

    Download report here

CapitaLand Science Based Targets

  • CapitaLand will transit to a low-carbon business that is aligned with climate science. In November 2020, we had our emissions reduction targets approved by the Science Based Targets initiative (SBTi) for a ‘well-below 2°C’ scenario. In May 2022, we elevated our scope 1 and 2 carbon emissions reduction targets which were validated by SBTi to be in line with a 1.5°C trajectory, currently the most ambitious designation available through the SBTi process.

    CapitaLand's science based targets are:

    • Reduce absolute scope 1 and 2 greenhouse gas (GHG) emissions by 46% by 2030 from a 2019 base year
    • Reduce scope 3 GHG emissions from capital goods by 22% per square metre by 2030 from a 2019 base year 

    Read more about science based targets

2022 Performance Against Targets

  • 6.8 %

    reduction achieved for scope 1 & 2 absolute GHG emissions
    TARGET: 46%

  • 48 %

    reduction achieved for scope 3 (capital goods) GHG emissions intensity
    TARGET: 22%

CapitaLand Investment is responsible for the majority of CapitaLand Group's scope 1 and 2 emissions.  In 2022, CapitaLand Investment's total scope 1 and 2 GHG emissions was 680,727 tonnes CO₂e.

For more information on CapitaLand Investment's environmental performance, please view our Global Sustainability Reports here.

CapitaLand Group's scope 3 (capital goods) GHG emissions include embodied carbon emissions arising from material usage at 7 projects completed in 2021. Emissions intensity was 612 kgCO₂e per square metre.

Read more about our sustainability approach here.

 

CLI places sustainability at the core of what it does and has committed to achieve Net Zero emissions for Scope 1 and 2 by 2050.

Read more about our Net Zero commitment in the press release here.

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  • CapitaLand Investment 2030 Sustainability Master Plan

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  • CapitaLand Investment Global Sustainability Report 2022

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