CapitaLand beats own 2020 sustainability targets

Singapore

CAPITALAND on Tuesday said that it has reduced its carbon emissions intensity and water intensity by 26.2 per cent and 21.8 per cent respectively, compared with the base year of 2008. This exceeds the group's 2020 reduction targets of 23 per cent and 20 per cent.

In its eighth Global Sustainability Report, CapitaLand also said that this amounted to utilities cost avoidance of more than S$108 million for the group since 2009, and helped it to mitigate fluctuations in global utility costs and resource scarcity.