Capitaland Malaysia Trust (CLMT), headquartered in Malaysia, is a prominent player in the real estate investment trust (REIT) sector. Established in 2006, CLMT focuses on the acquisition and management of income-generating properties, primarily in the retail and commercial segments. With a diverse portfolio that includes shopping malls and office spaces, CLMT stands out for its strategic locations and commitment to sustainable practices. Operating mainly in key urban areas across Malaysia, CLMT has achieved significant milestones, including consistent growth in rental income and occupancy rates. The trust is recognised for its strong market position, driven by a robust asset management strategy and a focus on enhancing tenant experiences. As a leading REIT, Capitaland Malaysia Trust continues to innovate within the industry, ensuring long-term value for its investors and stakeholders.
How does Capitaland Malaysia Trust's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Services Auxiliary to Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Capitaland Malaysia Trust's score of 32 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Capitaland Malaysia Trust reported total carbon emissions of approximately 203,792,000 kg CO2e, comprising 37,636,000 kg CO2e from Scope 1, 56,609,000 kg CO2e from Scope 2, and 203,792,000 kg CO2e from Scope 3 emissions. This marked a slight increase in emissions compared to previous years, with 2022 emissions recorded at about 179,550,000 kg CO2e. Over the years, the trust has shown a trend of fluctuating emissions, with 2021 emissions at approximately 187,632,000 kg CO2e and 2020 at about 224,179,000 kg CO2e. The emissions from Scope 1 and Scope 2 have also varied, with Scope 1 emissions in 2022 at 33,012,000 kg CO2e and Scope 2 at 49,875,000 kg CO2e. Despite these figures, Capitaland Malaysia Trust has not publicly disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented reduction targets suggests a need for enhanced climate commitments in line with industry standards. The trust's emissions intensity has been reported, with a carbon emissions intensity of approximately 7,900 kg CO2e per square metre in 2023. Overall, while Capitaland Malaysia Trust has made strides in tracking its emissions, the lack of defined reduction strategies highlights an opportunity for further commitment to climate action.
Access structured emissions data, company-specific emission factors, and source documents
Get Started2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 43,213,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 69,666,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 250,797,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Capitaland Malaysia Trust is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.