CapitaLand Limited Publishes Integrated Global Sustainability Report 201517/06/2016
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CapitaLand reaffirms its commitment to sustainability with the publication of its seventh Global Sustainability Report.
CapitaLand’s sustainability strategy is encapsulated in its credo of ‘Building People. Building Communities.’. It shares the United Nations Global Compact’s (UNGC) commitment to deliver lasting benefits to people, communities and markets, and became a signatory in 2015. Even before then, CapitaLand had been adopting universal principles on human rights, labour, the environment and anti-corruption, as well as taking strategic actions that advance the development of society.
It is committed to internationally accepted guidelines for sustainability performance and reporting. This report covers CapitaLand’s international portfolio in over 20 countries, more than 12,700 staff, and outlines CapitaLand’s corporate responsibility priorities that form the foundation of its global reporting approach on organisational, manufactured, environmental, human, and social and relationship capitals.
2015 global environmental performance and highlights:
- 22.6% reduction in carbon emissions intensity since 2008, on track to meet its 23% target by 2020
- S$93 million in utilities cost avoidance since 2009 from 18.4% and 23.3% energy and water consumption reduction (per m2 with 2008 as base year) respectively
- 3,800 tonnes of recyclable waste diverted from landfills
- Over 50 electric vehicle (EV) charging stations installed in its properties worldwide
- About 30% of senior management positions filled by women
- Over 55 training hours per staff
- Close to 17,300 volunteer service hours contributed by staff in CapitaLand properties
The report is based on the GRI Global 4 Sustainability Reporting Guidelines, in accordance with the Core option requirements outlined in the G4 reporting standards. It has completed the GRI Materiality Disclosures service. CapitaLand also applied the Guiding Principles of the International Integrated Reporting (IIRC) Framework as well as ISO 26000:2010 Guidance on Social Responsibility to this report. All underlying systems and processes that support the Group’s sustainability framework were reviewed 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). The assurance includes the evaluation of the Group’s sustainability behaviour and performance, based on the AA1000 Assurance Standard.
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 email@example.com.
About CapitaLand (www.capitaland.com)
CapitaLand is one of Asia’s largest real estate companies headquartered and listed in Singapore. The company leverages its significant asset base, design and development capabilities, active capital management strategies, extensive market network and operational capabilities to develop high-quality real estate products and services. Its diversified global real estate portfolio includes integrated developments, shopping malls, serviced residences, offices and homes. Its two core markets are Singapore and China, while Indonesia, Malaysia and Vietnam have been identified as new growth markets. The company also has one of the largest real estate fund management businesses with assets located in Asia.
CapitaLand’s listed real estate investment trusts are CapitaLand Mall Trust, CapitaLand Commercial Trust, Ascott Residence Trust, CapitaLand Retail China Trust and CapitaLand Malaysia Mall Trust.
CapitaLand is listed in the Global 100 Most Sustainable Corporations in the World, The Sustainability Yearbook, Dow Jones Sustainability World Index and Asia Pacific Index, Global Real Estate Sustainability Benchmark (Regional Sector Leader for Asia, Diversified), FTSE4Good Index Series, MSCI Global Sustainability Indexes, STOXX® Global ESG Leaders Indices, Channel NewsAsia Sustainability Ranking and SGX Sustainability Leaders Index.
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