The global sustainability plan aims to build, enable, and accelerate.
CapitaLand has launched its first Sustainability Master Plan that caters to the company’s sustainability targets, strategies and plans for the next decade till 2030.
The plan focuses on three key themes to drive the company’s sustainability efforts in the environment, social and governance (ESG) pillars.
The group said that it is the first real estate company in Singapore to set a public sustainable finance target.
By 2030, CapitaLand intends to secure $6b (US$4.39b) through sustainable finance such as sustainability-linked loans, green loans and green bonds, which is triple the $2b (US$1.46b) CapitaLand has raised to date through sustainable finance.
For its first theme, “Build portfolio resilience and resource efficiency”, CapitaLand aims to reduce carbon emissions intensity by 78% by 2030. The new target is more than double the 29.4%