CapitaMalls Asia Limited Sustainability Profile
CapitaMalls Asia Limited, a leading retail real estate investment trust, is headquartered in Singapore (SG) and operates extensively across Asia. Founded in 2009, the company has established a strong presence in key markets, including China, Malaysia, and Japan, focusing on the development and management of shopping malls and mixed-use properties. Specialising in retail and commercial spaces, CapitaMalls Asia is renowned for its innovative approach to creating vibrant shopping environments that enhance customer experiences. The company’s portfolio includes several award-winning malls, reflecting its commitment to quality and sustainability. With a robust market position, CapitaMalls Asia continues to achieve notable milestones, solidifying its reputation as a key player in the retail real estate sector.
DitchCarbon Score
How does CapitaMalls Asia Limited'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.
Industry Average
Mean score of companies in the Real Estate Services 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.
Industry Benchmark
CapitaMalls Asia Limited's score of 26 is lower than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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CapitaMalls Asia Limited's reported carbon emissions
In 2017, CapitaMalls Asia Limited reported total carbon emissions of approximately 59.6 million kg CO2e. This figure encompasses all scopes of emissions, although specific breakdowns for Scope 1, 2, and 3 are not disclosed. The company has set a long-term commitment to achieve net-zero emissions by 2050, with a target start year of 2023. This ambitious goal reflects their dedication to addressing climate change and reducing their overall carbon footprint. CapitaMalls Asia Limited's emissions data is not cascaded from any parent organization, indicating that the reported figures are independently sourced. The company has not disclosed specific reduction targets through the Science Based Targets initiative (SBTi) or other frameworks, but their commitment to net-zero emissions aligns with industry standards for climate action. Overall, CapitaMalls Asia Limited is actively working towards significant climate commitments, aiming for substantial reductions in carbon emissions in the coming decades.
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| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | - | - | - | - | - | - |
| Scope 2 | - | - | - | - | - | - | - | - | - | - |
| Scope 3 | - | - | - | - | - | - | - | - | - | - |
How Carbon Intensive is CapitaMalls Asia Limited's Industry?
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CapitaMalls Asia Limited's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
CapitaMalls Asia Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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