Capitaland Ascott Trust

Capitaland Ascott Trust's reported carbon emissions

Capitaland Ascott Trust (SG) is committed to reducing its environmental impact. For the 2025 reporting year, the trust reported a Scope 1 emission total of approximately 4,037,000 kg CO2e and a market-based Scope 2 emission total of about 31,096,000 kg CO2e. Scope 3 emissions for 2025 were reported at approximately 42,171,000 kg CO2e, with downstream leased assets accounting for the largest portion at about 34,274,000 kg CO2e. In 2024, Capitaland Ascott Trust reported Scope 1 emissions of approximately 3,224,000 kg CO2e and market-based Scope 2 emissions of about 35,085,000 kg CO2e. Scope 3 emissions for that year totalled approximately 38,381,000 kg CO2e. The trust has set several ambitious climate targets, including a commitment to achieve Net Zero by 2050 for its Scope 1 and 2 emissions. Near-term goals involve reducing absolute Scope 1 and 2 greenhouse gas emissions by 46% by 2030, against a 2019 baseline. Furthermore, Capitaland Ascott Trust aims to reduce its carbon emissions intensity by 72% and its energy consumption intensity by 15% by 2030, both measured from a 2019 baseline. For Scope 1, the target is a 72% reduction in carbon emissions intensity by 2030. For Scope 2, the aim is to reduce energy consumption intensity by 15% by 2030. The trust is aligned with CapitaLand Limited's (CLI) commitments in these areas.