CapitaLand Investment’s 2023 emissions have risen, but energy efficiency improving: CSO

EVEN as CapitaLand Investment’s (CLI) carbon emissions rose last year – in terms of direct operations and power usage – the real asset manager has been improving energy efficiency.

“The overall direction (on emissions) needs to keep going down, surely. But year-on-year, you may have years where it may increase as well,” CLI’s chief sustainability officer, Vinamra Srivastava, told The Business Times.

Hence, the journey in cutting emissions “will not be linear”, he said.