CapitaLand Limited, a leading integrated real estate company headquartered in Singapore (SG), has established a formidable presence across Asia, Europe, and the Americas. Founded in 2000, CapitaLand operates primarily in the property development and investment sectors, focusing on residential, commercial, and retail properties. With a commitment to sustainability and innovation, CapitaLand has achieved significant milestones, including the development of iconic landmarks and a robust portfolio of over 200 properties worldwide. Their unique approach combines quality design with a focus on community engagement, setting them apart in the competitive real estate market. Recognised for their excellence, CapitaLand has received numerous awards, solidifying its position as a market leader in the real estate industry.
How does Capitaland'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.
Capitaland's score of 23 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, CapitaLand, headquartered in Singapore (SG), reported significant carbon emissions related to its operations. The company disclosed emissions from carbon dioxide in concrete, amounting to approximately 28,000 kg CO2e per cubic metre, although specific total emissions data for Scope 1, 2, and 3 were not provided. CapitaLand has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 46% by 2030, using 2019 as the base year. This target aligns with the science-based targets initiative (SBTi) and is consistent with efforts to limit global temperature rise to below 1.5°C. Additionally, CapitaLand is committed to reducing Scope 3 emissions from capital goods by 22% per square metre by 2030. These targets are part of a broader strategy to achieve Net Zero emissions by 2050. The commitments and targets are cascaded from CapitaLand Group Pte. Ltd., reflecting the company's dedication to sustainability and climate action within the real estate sector.
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 is participating in some 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.