{"id":107589,"date":"2019-05-30T12:52:56","date_gmt":"2019-05-30T05:52:56","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/capitaland-wants-entire-portfolio-to-be-green-certified-by-2030\/"},"modified":"2019-05-30T13:08:27","modified_gmt":"2019-05-30T06:08:27","slug":"capitaland-wants-entire-portfolio-to-be-green-certified-by-2030","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/capitaland-wants-entire-portfolio-to-be-green-certified-by-2030\/","title":{"rendered":"CapitaLand wants entire portfolio to be green certified by 2030"},"content":{"rendered":"


\nIt\u2019s part of the company\u2019s broader aim of having its carbon emission targets.\u00a0
\nWith the Ascendas-Singbridge acquisition expected to be completed by June, CapitaLand aims to achieve 100 percent green certification for its expanded global portfolio by 2030.
\nThe group also seeks to have at least 20 percent of its extended group\u2019s energy consumption to come from renewable energy by 2025, revealed CapitaLand president and group chief executive Lee Chee Koon in the group\u2019s 10th sustainability report.
\nCapitaLand had already achieved green certifications for 70 percent of its properties on a per square meter basis in 2018, prior to the company\u2019s announcement of plan to acquire Ascendas-Singbridge, reported The Business Times.
\nThe two goals are aligned with the company\u2019s broader aim of having its carbon emission targets approved by the Science-Based Targets Initiative.
\nThe Initiative is a worldwide effort to get companies to indicate, based on science, how quickly and how much they need to lower their greenhouse gas emissions under the 2015 Paris Agreement commitment to have global warming limited by up to 1.5 degrees Celsius.
\n\u201cAt CapitaLand, we recognise that the long-term success of our business is closely intertwined with the health and prosperity of the communities we operate in. We firmly believe in doing good and doing right, as we do well, and will continue to place sustainability as an integral part of CapitaLand\u2019s global business,\u201d said Lee.
\nOther goals outlined by Lee include looking for greener and more sustainability-linked financial instruments and achieving major reductions in paper consumption and single-use plastics from 2020.
\nThe group is one of the signatories to the United Nations Global Compact\u2019s commitment. It also supports both the Taskforce on Climate-Related Financial Disclosure and Carbon Disclosure Project.
\nCapitaLand\u2019s other notable sustainability-related accomplishments in 2018 include obtaining over $170 million in utilities cost savings since 2009, and lowering water and energy intensity by 20.9 percent and 17.6 percent respectively, on a per square meter basis, for its operational properties.
\nEnjoy exclusive savings of up to $300,000 when you purchase a property during our GuruDeals promo. Promotion is valid until 15 July 2019 only, so hurry now. Click the banner below to find out more.<\/p>\n

Victor Kang, Digital Content Specialist at PropertyGuru, edited this story. To contact him about this or other stories, email\u00a0victorkang@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…CapitaLand wants entire portfolio to be green certified by 2030<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

It\u2019s part of the company\u2019s broader aim of having its carbon emission targets.\u00a0 With the...<\/p>\n","protected":false},"author":1,"featured_media":107590,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-107589","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property-news"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2019\/05\/PGSG_Consumer_GuruDeals_In-house_Content_Banner-1.jpg?fit=728%2C120&ssl=1","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-rZj","jetpack-related-posts":[{"id":105187,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/capitaland-cfo-ascendas-singbridge-is-complementary-to-us\/","url_meta":{"origin":107589,"position":0},"title":"CapitaLand CFO: Ascendas-Singbridge is 'complementary' to us","date":"March 20, 2019","format":false,"excerpt":"\r Andrew Lim of CapitaLand weighs in on the company's proposed acquisition of Ascendas-Singbridge. He says it will give CapitaLand the ability to deepen its presence in Singapore and China.\r \r Source : cnbc.com\r Read more...CapitaLand CFO: Ascendas-Singbridge is 'complementary' to us","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":108590,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/capitaland-completes-acquisition-of-ascendas-singbridge\/","url_meta":{"origin":107589,"position":1},"title":"CapitaLand Completes Acquisition Of Ascendas-Singbridge","date":"July 1, 2019","format":false,"excerpt":"\r CapitaLand has completed its acquisition of all the shares in Ascendas Pte Ltd and Singbridge Pte. Ltd., resulting in the creation of one of the largest diversified real estate groups in Asia, with assets under management at over $123 billion. This comes after the acquisition received overwhelming approval from\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":107531,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/capitaland-unveils-key-executive-appointments\/","url_meta":{"origin":107589,"position":2},"title":"CapitaLand unveils key executive appointments","date":"May 28, 2019","format":false,"excerpt":"\r The management bench is comprised of accomplished leaders and skilled professionals. With the acquisition of Ascendas-Singbridge on track for completion by end June, CapitaLand announced several key executive appointments to drive its next phase of growth. CapitaLand also set up a Group Centre of Excellence (COE) which will focus\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102966,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/capitaland-leads-singapore-reit-consolidation-with-4-4-billion-purchase-from-temasek\/","url_meta":{"origin":107589,"position":3},"title":"CapitaLand leads Singapore REIT consolidation with $4.4 billion purchase from Temasek","date":"January 15, 2019","format":false,"excerpt":"\r Singapore\u2019s CapitaLand is buying the owner of a clutch of real estate investment trusts from state investor Temasek for about US$4.4 billion, a deal the developer said would create the largest diversified property group in Asia. CapitaLand will buy the holding companies of the business of the Ascendas-Singbridge Group,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":106875,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/capitaland-net-profit-drops-7-4-in-q1-2019\/","url_meta":{"origin":107589,"position":4},"title":"CapitaLand Net Profit Drops 7.4% In Q1 2019","date":"May 6, 2019","format":false,"excerpt":"\r Revenue also declined 23.8 percent to $1.048 billion, mainly due to lower contributions from residential projects.\u00a0 CapitaLand saw its net profit drop 7.4 percent to $295.6 million in the first quarter of 2019, from $319.1 million over the same period last year. The decline was attributed to lower operating\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118120,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/capitaland-profit-drops-89-in-1h-2020\/","url_meta":{"origin":107589,"position":5},"title":"CapitaLand profit drops 89% in 1H 2020","date":"August 7, 2020","format":false,"excerpt":"\r With COVID-19 pandemic adversely affecting its financial performance, CapitaLand Limited\u2019s profit after tax and minority interest (PATMI) plunged 89%, to $96.6 million in the first half of 2020 from $875.4 million over the same period last year. Operating PATMI also declined 27.7% year-on-year to $261.2 million.\u00a0 In an SGX\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/107589"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=107589"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/107589\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media\/107590"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=107589"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=107589"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=107589"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}