Capitaland Ascendas Reit

CapitaLand Ascendas REIT, a Singapore-headquartered company in the financial intermediation services industry, reported approximately 49,720,000 kg CO2e in total Scope 1 and Scope 2 emissions for 2024. This includes about 510,000 kg CO2e from Scope 1 emissions and 49,210,000 kg CO2e from Scope 2 emissions.

For 2023, the company's total Scope 1 and Scope 2 emissions were approximately 49,450,000 kg CO2e, with Scope 1 emissions at about 507,000 kg CO2e and Scope 2 emissions at approximately 48,943,000 kg CO2e. In 2022, total Scope 1 and Scope 2 emissions were around 49,162,000 kg CO2e, comprising about 491,000 kg CO2e from Scope 1 and 48,671,000 kg CO2e from Scope 2.

CapitaLand Ascendas REIT has set long-term Net Zero commitments. These targets are cascaded from CapitaLand Investment (CLI), the ultimate parent through a corporate family relationship. CLI has committed to achieving Net Zero emissions by 2050 for its Scope 1 and Scope 2 emissions across its global portfolio, which includes CapitaLand Ascendas REIT's properties. Additionally, the company aims for a 78% reduction in carbon emissions intensity by 2030 from a 2023 baseline.