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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 35 is higher than 56% 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 43,214,000 kg CO2e, comprising 9,472 kg CO2e from Scope 1, 43,204,403 kg CO2e from Scope 2, and 36,131,304 kg CO2e from Scope 3 emissions. This data reflects a comprehensive approach to emissions reporting, with all three scopes disclosed. In comparison, the 2022 emissions were about 36,800,000 kg CO2e, with Scope 1 emissions at 1,337 kg CO2e, Scope 2 at 37,635,491 kg CO2e, and Scope 3 at 23,704,991 kg CO2e. This indicates a significant increase in emissions in 2023, particularly in Scope 2, which is primarily associated with energy consumption. CapitaLand Malaysia Trust has not set specific reduction targets or initiatives as part of its climate commitments, nor does it participate in the Science Based Targets initiative (SBTi). The absence of documented reduction targets suggests a need for further development in their sustainability strategy. The emissions data is not cascaded from any parent organization, indicating that CapitaLand Malaysia Trust independently reports its emissions. The trust's commitment to transparency in emissions reporting is evident, as it has disclosed emissions across all relevant scopes for the years 2021 to 2023.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 9,938 | - | - | 0,000 | 0,000 |
Scope 2 | 40,620,181 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 29,662,810 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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 participating in any of the initiatives that 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.