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 commitments to reduce its carbon emissions. The company has set ambitious targets to cut its absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 46% by 2030, using 2019 as the baseline year. This commitment aligns with the science-based targets necessary to limit global temperature rise to below 1.5°C. Additionally, CapitaLand aims to achieve Net Zero emissions by 2050. While specific emissions data for 2023 is not disclosed, CapitaLand's initiatives include a commitment to reduce Scope 3 emissions from capital goods by 22% per square metre by 2030, also from a 2019 baseline. The company’s reduction targets are cascaded from its parent organization, CapitaLand Group Pte. Ltd., ensuring alignment with broader corporate sustainability goals. CapitaLand's decarbonisation roadmap highlights its focus on sustainable practices within the real estate sector, reflecting a proactive approach to climate change and environmental responsibility.
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.