BUILD Portfolio Resilience & Resource Efficiency Wewill build resilience throughout our operations and future-proof our real estate portfolio to guard against climate change risks and to avoid premature obsolescence. As a responsible real estate company, we are also committed to reducing the use of energy and water as well as the generation of waste. 2021- 2030 Focus Areas andTargets
Waste Management and Circular Economy
Low Carbon Transition
Water Conservation and Resilience
We will transition to a low-carbon business and set science-based targets for a ‘well-below 2°C’ scenario. This is in line with the Paris Climate Agreement to keep global temperature risewell below 2°C in this century. Targets • Further reduce carbon emissions intensity 2 to 78%, from the previous target of 30%. • Further reduce energy consumption intensity 2 to 35%, from the previous target of 30%, in our day-to-day operations. • Increase the proportion of total electricity consumption from renewable sources to 35%.
We will implement innovative tech- nologies and practices to reduce water consumption and use water efficiently. We will also proactively guard against flood risks by engag- ing in risk-informed planning and structural flood protection.
We will improve our resource use and reduce waste generated at all stages of property development and management, while striving to enable a circular economy.
Target • Further reduce water
Targets • Achieve 25% recycling rate in our day-to-day operations. • Divert 75% of construction waste from landfill. • Work towards setting an embodied carbon target.
consumption intensity 2 to 45%, from the previous target of 30%, in our day-to-day operations.
LogisTech, Singapore First building in Singapore to receive the BCA Green Mark Platinum Super Low Energy Award
2 Reduction targets are relative to 2008 baseline.The previous 2030 targetswere set in 2016. As reported in our 2019 Sustainability Report, CapitaLand has seen a reduction of 29.4% in carbon emission intensity, 19.2% in operational energy consumption intensity and 22.4% in operational water consumption intensity since 2008.The full report is available here.
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