CapitaLand places sustainability at the core of everything it does, integrating sustainability throughout the real estate life cycle from investment, to design, procurement, construction, operations and redevelopment or divestment. As a responsible real estate company, CapitaLand contributes to the environmental and social well-being of the communities where it operates, as it delivers long-term economic value to its stakeholders.
Ranked as one of the most sustainable corporations in the world and recognised as a global sustainability leader, CapitaLand is focused on achieving its ambitious targets set out in its 2030 Sustainability Master Plan. To future-proof its developments, CapitaLand integrates a low-carbon strategy into its real estate life cycle. This includes procuring building materials with lower embodied carbon and adopting more efficient building design and construction.
In addition to reducing energy and water consumption, CapitaLand also aims to increase the use of renewable energy in its properties. In 2020, power generated by solar panels at its properties in Singapore helped to meet the nation’s 2020 solar deployment target of 350 megawatt-peak. CapitaLand targets to achieve green certifications for its existing properties globally by 2030.
CapitaLand has been at the forefront of shaping the built environment, touching the lives of millions of people every day, across more than 250 cities in over 30 countries where it has presence. It remains committed to building quality, sustainable, safe, accessible, and vibrant real estate developments to enhance the lives of its shoppers, tenants, serviced residence and hotel guests, homeowners and members of the community.
To do so, CapitaLand has enhanced the design of its developments to incorporate considerations such as the well-being of its customers, the need for safe distancing, hygiene, and the ability for employees to work-from-home or work-from-anywhere within its properties. This includes having more flexible spaces, designs to manage the flow of human traffic to minimise physical contact, leveraging technologies for contactless services, as well as having green open spaces for respite.
Stepping up its commitment to sustainability through innovation, CapitaLand has launched the second edition of the CapitaLand Sustainability X Challenge (CSXC) and is calling for proposals across the global to make buildings more climate-resilient, resource-efficient, healthier and safer. Through the challenge, CapitaLand aims to accelerate its progress to meet its 2030 Sustainability Master Plan targets, with decarbonisation and circularity as key pillars.
CapitaLand is offering up to S$500,000 for the top 10 projects to be piloted at its global network of properties. Innovators will be provided access to a range of real estate classes globally and typologies in varying climatic conditions to apply their solutions, allowing them to demonstrate conclusively how their systems will function under real-world conditions. Shortlisted teams will be mentored by leading industry experts to prepare them for their pitch to a distinguished panel of judges in June 2022. CSXC 2022 is open for submissions. Submit here before 11 March 2022.
