The plan will also see CapitaLand aiming to grow its sustainable finance portfolio to $6 billion by 2030, three times the amount the company has raised to date. The target makes the group the first real estate company in Singapore to set a public sustainable finance target.
CapitaLand Limited has unveiled its first sustainability master plan on October 1 that focuses on its sustainability targets, strategies, and plans till 2030.
Under the plan, clear environment-related targets are laid out. These include the aim to reduce its carbon emissions intensity by 78%, to increase the proportion of its total electricity consumption to renewable sources by 30%, as well as reduce its water consumption intensity for its operating properties by 45% by 2030.
