CapitaLand Limited announced on August 19 that it bagged the top prize at the Building Construction Authority of Singapore (BCA) Green Mark Awards in 2020.
The group won the BCA Green Mark Platinum Champion Award, a recognition for organisations that have achieved a substantial number of BCA Green Mark buildings at Gold level and higher.
The award also recognises developers with a strong commitment towards corporate social responsibility and outstanding achievements in environmental sustainability.
This year, a total of 29 CapitaLand properties in Singapore, Malaysia and China have received or have been recertified with BCA Green Mark
Notably, LogisTech is the first logistics building in Singapore to receive the BCA Green Mark Platinum Super Low Energy Award. This is one of the highest accolades for energy efficiency in the BCA Green Mark Award scheme.
Part of CapitaLand Group’s efforts to green its portfolio includes the use of renewable energy. Over 21,000 solar panels have been installed atop CapitaLand’s six industrial properties held under Ascendas REIT in Singapore.
As of Dec 31, 2019, 97% of CapitaLand’s existing offices, malls, integrated developments and serviced residences in Singapore (by square metres) have achieved a green rating.
In May, the group reported that it has achieved utilities cost avoidance of $208 million in 2019 since 2009 in its global sustainability report.
CapitaLand has also secured $2.82 billion through sustainable finance to date.
Shares in CapitaLand closed 1 cent lower, or 0.4% down, at $2.78 on August 19.
