CapitaLand India Trust

CapitaLand India Trust, a Singapore-headquartered real estate services company, reported total market-based emissions of approximately 102,982 metric tonnes CO2e in 2024. This figure includes about 175 metric tonnes CO2e from Scope 1, approximately 31,526 metric tonnes CO2e from Scope 2, and roughly 71,391 metric tonnes CO2e from Scope 3 emissions. For 2024, significant Scope 3 contributors included downstream leased assets at around 59,845 metric tonnes CO2e and fuel and energy related activities at about 10,953 metric tonnes CO2e.

Looking back, in 2023, the company's total market-based emissions were approximately 90,479 metric tonnes CO2e, with about 178 metric tonnes CO2e from Scope 1, around 37,104 metric tonnes CO2e from Scope 2, and roughly 53,197 metric tonnes CO2e from Scope 3. In 2022, total market-based emissions were approximately 92,471 metric tonnes CO2e, comprising about 103 metric tonnes CO2e from Scope 1, approximately 34,869 metric tonnes CO2e from Scope 2, and roughly 57,499 metric tonnes CO2e from Scope 3.

CapitaLand India Trust has set several climate commitments. The company aims to achieve Net Zero emissions for Scope 1 and 2 by 2050. Near-term targets include reducing absolute Scope 1 and 2 greenhouse gas emissions by 46% by 2030, with a 2019 baseline. Additionally, the company is committed to reducing carbon emissions intensity for Scope 1 and Scope 2 by 72% by 2030, also against a 2019 baseline. These intensity targets were also reiterated with a 2023 baseline, with the aim to reduce carbon emissions intensity by 72% by 2030 for both Scope 1 and Scope 2. An earlier target, cascaded from CapitaLand Group, aims to reduce carbon emission intensity by 78% by 2030 from a 2008 baseline.