Sustainability

CapitaLand Investment 2030 Sustainability Master Plan

The Managers of CLAS are part of CapitaLand Investment Limited (CLI), and CLAS' sustainability approach is aligned with CLI's 2030 Sustainability Master Plan (SMP).

The SMP provides a strategic blueprint, outlining our ambitious goals and directing our sustainability efforts towards a shared purpose. We strive to build a resilient and resource-efficient real estate portfolio, enable thriving and future-adaptive communities, and steward responsible business conduct and governance.

Ascott CARES

CLAS also aligns its sustainability goals with its Sponsor, The Ascott Limited (Ascott), the lodging business unit wholly owned by CLI.

Ascott's sustainability programme, Ascott CARES, centres around five fundamental pillars: Community, Alliance, Respect, Environment and Supply Chain. For its commitment to sustainability, Ascott has received Global Sustainable Tourism Council (GSTC)-committed status.

Net Zero Target and Validation by the Science Based Targets Initiative

CLI's carbon emissions reduction targets are in line with the goals of the Paris Agreement. CLI's Scope 1 and Scope 2 carbon emissions reduction targets are validated by the Science Based Targets initiative (SBTi) to be in line with a 1.5 °C trajectory, currently the most ambitious designation available through the SBTi process.

CLI has committed to Net Zero by 2050 for its Scope 1 and Scope 2 emissions. As part of CLI, CLAS is aligned with these targets.

CLI's carbon emissions reduction targets are in line with the goals of the Paris Agreement. CLI's 2030 Scope 1 and Scope 2 carbon emissions reduction targets were validated by the Science Based Targets initiative (SBTi) to be in line with a 1.5°C trajectory, currently the most ambitious designation available through the SBTi process.

CLI aims to reduce its absolute Scope 1 and Scope 2 emissions by 46% by 2030 from a 2019 base year, and to reach Net Zero Scope 1 and 2 emissions by 2050. As part of CLI, CLAS is aligned with these targets.

United Nations Sustainable Development Goals (UN SDGs)

CLAS' material ESG issues and the value created are mapped against eight UN SDGs that are most aligned with CLI 2030 SMP focus areas, and where CLAS can achieve the greatest positive impact.