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.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
UBS weighs synthetic risk transfer amid capital boost proposals
Oil settles higher on supply concerns in the Mid-East, economic woes subdue gains
S-Reits falter as investors weigh possibility of zero rate cuts in 2024
CapitaLand Investment posts total revenue of S$650 million for Q1
Europe: Stoxx 600 logs best day in three months as banks shine
US: Stocks rally after strong tech results