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.
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.
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.
CapitaMalls Asia Limited's score of 26 is lower than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2019, CapitaMalls Asia Limited reported total carbon emissions of approximately 59,610,000 kg CO2e globally. The company has set a long-term commitment to achieve net-zero emissions by 2050, with a target start year of 2023. This commitment encompasses all scopes of emissions, although specific data on Scope 1, 2, and 3 emissions has not been disclosed. The company has demonstrated a proactive approach to climate action, aiming to implement significant reductions in its carbon footprint. The operational properties carbon emissions intensity was reported at about 5,060 kg CO2e per square metre in 2019, indicating a focus on improving efficiency in its property management. CapitaMalls Asia Limited's climate commitments reflect a broader industry trend towards sustainability and responsible environmental stewardship, aligning with global efforts to mitigate climate change impacts.
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.
CapitaMalls Asia Limited 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.
