CapitaLand India Trust

CapitaLand India Trust's reported carbon emissions

CapitaLand India Trust, headquartered in Singapore, operating within the Real estate services (70) industry, reported a total of approximately 164.7 billion kg CO2e in emissions for 2024. This figure encompasses Scope 1, Scope 2 (market-based), and Scope 3 emissions. For the reporting year 2024, Scope 1 emissions were approximately 175,000 kg CO2e. Scope 2 emissions, using the market-based approach, totalled approximately 31,526,000 kg CO2e, while the location-based figure stood at approximately 72,845,000 kg CO2e. Scope 3 emissions were significantly higher, amounting to approximately 71,391,000 kg CO2e, with downstream leased assets representing the largest contributor at approximately 59,845,000 kg CO2e. In 2023, the Trust's total emissions were approximately 100.5 billion kg CO2e, with Scope 1 at approximately 178,000 kg CO2e, Scope 2 (market-based) at approximately 37,104,000 kg CO2e, and Scope 3 at approximately 53,197,000 kg CO2e. Looking back to 2022, total emissions were approximately 102.5 billion kg CO2e, with Scope 1 at approximately 103,000 kg CO2e, Scope 2 (market-based) at approximately 34,869,000 kg CO2e, and Scope 3 at approximately 57,499,000 kg CO2e. In 2021, Scope 1 emissions were approximately 78,000 kg CO2e, and Scope 2 emissions totalled approximately 21,430,000 kg CO2e. No Scope 3 data was reported for this year. CapitaLand India Trust has set ambitious climate commitments, including achieving Net Zero emissions by 2050 for Scope 1 and 2. They also aim to reduce absolute Scope 1 and 2 greenhouse gas emissions by 46% by 2030, using 2019 as a baseline. Furthermore, there is a target to reduce carbon emissions intensity by 72% by 2030. In line with contributing to broader corporate goals, the trust is also working towards reducing energy consumption intensity by 35% by 2030 (baseline 2008) and achieving a 25% recycling rate in day-to-day operations.