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 23 is lower than 54% 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 Scope 2 emissions by 46% by 2030, using 2019 as the base 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 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 within the real estate sector. CapitaLand's climate initiatives are cascaded from its parent company, CapitaLand Group Pte. Ltd., which underscores the company's commitment to corporate responsibility and environmental stewardship. The overarching goal is to achieve Net Zero emissions by 2050, reinforcing CapitaLand's dedication to combating climate change and promoting sustainable development.
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Capitaland is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.