CapitaLand Limited, a leading integrated real estate company headquartered in Singapore (SG), has established a formidable presence across Asia, Europe, and the Americas. Founded in 2000, CapitaLand operates primarily in the property development and investment sectors, focusing on residential, commercial, and retail properties. With a commitment to sustainability and innovation, CapitaLand has achieved significant milestones, including the development of iconic landmarks and a robust portfolio of over 200 properties worldwide. Their unique approach combines quality design with a focus on community engagement, setting them apart in the competitive real estate market. Recognised for their excellence, CapitaLand has received numerous awards, solidifying its position as a market leader in the real estate industry.
How does Capitaland's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Real Estate Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Capitaland's score of 26 is lower than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
As of the latest available data, CapitaLand, headquartered in Singapore (SG), has not disclosed specific carbon emissions figures. However, the company has set ambitious climate commitments to address its greenhouse gas emissions. CapitaLand aims to reduce its absolute Scope 1 and 2 emissions by 46% by 2030, using 2019 as the baseline year. This target aligns with the science-based targets initiative (SBTi) and is consistent with efforts to limit global temperature rise to below 1.5°C. In addition to its Scope 1 and 2 targets, CapitaLand is also committed to reducing its Scope 3 emissions from capital goods by 22% per square metre by 2030, again from a 2019 baseline. These commitments reflect a comprehensive approach to sustainability and climate action within the real estate sector. CapitaLand's overarching goal is to achieve Net Zero emissions by 2050, demonstrating its long-term commitment to environmental stewardship. The emissions reduction targets are cascaded from its parent company, CapitaLand Group Pte. Ltd., ensuring alignment across the corporate family in their climate initiatives.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Capitaland has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
