CapitaLand India Trust

CapitaLand India Trust, a Singapore-headquartered real estate services company, reported total market-based emissions of approximately 102.7 million kg CO2e in 2024. This included about 175,000 kg CO2e from Scope 1 emissions, approximately 31.5 million kg CO2e from Scope 2 market-based emissions, and about 71.4 million kg CO2e from Scope 3 emissions. Key contributors to Scope 3 included downstream leased assets (about 59.8 million kg CO2e) and fuel and energy-related activities (approximately 10.95 million kg CO2e).

Looking back, in 2023, CapitaLand India Trust's market-based emissions were approximately 90.5 million kg CO2e, comprising around 178,000 kg CO2e from Scope 1, approximately 37.1 million kg CO2e from Scope 2 market-based emissions, and about 53.2 million kg CO2e from Scope 3.

CapitaLand India Trust is committed to ambitious climate targets. The company aims to achieve Net Zero emissions for Scope 1 and 2 by 2050, with 2023 as the baseline year. Near-term targets include reducing absolute Scope 1 and 2 greenhouse gas emissions by 46% by 2030, with a 2019 baseline. Furthermore, they are targeting a 72% reduction in Scope 1 and Scope 2 carbon emissions intensity by 2030, also against a 2019 baseline.