- Challenges in the voluntary carbon markets that result primarily from credits integrity, stricter ESG disclosure and regulatory requirement across different geographies.
- Challenges around financial and technical feasibility for some pilots of sustainable solutions.
- Challenges in expanding renewable energy deployment due to regulatory, geographical and commercial restrictions.
- Continued high interest rates and inflation, which makes it difficult to deploy green capital expenditure.
- Data limitations or exclusions in waste management data collection across various countries and properties.
CAPITALAND INVESTMENT LIMITED
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, CAPITALAND INVESTMENT LIMITED disclosed greenhouse gas emissions of 804 ktonnes CO2e. By scope: Scope 1: 38.2K tCO2e; Scope 2: 766.0K tCO2e; Scope 3: 1.7K k tCO2e. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
804 ktonnes CO2e
2023
Renewable Energy
5.2%
of total energy
Water Usage
14.9 million m3
2023
Waste
108.6K tonnes
2023
Energy Use
1.8K GWh
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 38.2K tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 766.0K tCO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 1.7K k tCO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 804 ktonnes CO2e |
| 2021 | 638 ktonnes CO2e/year |
| 2015 | 521.3K tonnes CO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- 13% reduction in Scope 1 and 2 carbon emissions intensity (per m2 from 2019 baseline)
- 13% and 24% reduction in energy and water intensity (per m2 from 2019 baseline) respectively
- Achieved green building certifications for 60% of CLI's portfolio
- Published CLI Climate Resilience Report with climate risk assessment and scenario analysis for CLI's portfolio.
🎯 Climate & Sustainability Targets
📅 Medium-term
- Reduce absolute Scope 1 and 2 emissions by 46% by 2030 from a 2019 base year
- Achieve 45% of electricity consumption from renewable sources by 2030
- Reduce water consumption intensity by 15% from 2019 baseline by 2030
- Reduce waste intensity by 20% from 2019 baseline by 2030
- Achieve 25% recycling rate in day-to-day operations by 2030
🔭 Long-term
- Achieve Net Zero emissions by 2050 for scope 1 and 2 greenhouse gas (GHG) emissions
🌱 ESG Focus Areas
Low Carbon TransitionWater Conservation and ResilienceWaste Management and Circular EconomySocial ImpactHuman Capital DevelopmentHealth and WellnessCustomer and Supplier PartnershipsCorporate GovernanceTransparent ReportingESG Risk Management