- Acquiring properties that are non-green certified.
- Updating outdated green features in older properties.
- Disclosure of Scope 3 emissions due to properties not under operational control.
CapitaLand Ascendas REIT Management Limited
Greenhouse gas emissions & sustainability report data
By scope: Scope 1: 507 tCO2e/year; Scope 2: 48.9K tCO2e/year; Scope 3: 5.8K tCO2e/year. 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.
Renewable Energy
12.8%
of total energy
Water Usage
1.3M m3/year
2023
Waste
9.9K tons/year
2023
Energy Use
137.6 GWh/year
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). | 507 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 48.9K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 5.8K tCO2e/year |
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 |
|---|---|
| 2021 | 33.4K tCO2e/year (Scope 1 & 2) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Eight properties achieved green certification, with a total of 78 certified properties.
- 19.2 GWh of solar energy generated in Singapore.
- 62 additional EV charging points installed across CLAR’s global portfolio, raising the total number of installations to 338.
- Green lease coverage (by Net Leasable Area (NLA)) for Singapore portfolio improved from 47% (2022) to 68% (2023).
- Overseas portfolio achieved 39% (Australia), 5% (US), and 8% (the UK/Europe) green lease coverage by NLA.
- In FY2023, renewable energy accounted for about 14.1% of landlord’s energy consumption in Singapore.
- Total energy consumption increased by 0.3% but energy intensity decreased by 2.8% due to increased floor area.
- Renewable energy consumption increased from 16.0 GWh (FY2022) to 17.7 GWh (FY2023).
🎯 Climate & Sustainability Targets
🔜 Short-term
- Power the common facilities’ electricity usage with renewable energy for properties located at Singapore Science Park 1 by 2025.
📅 Medium-term
- Achieve green certification for all existing properties by 2030.
- Achieve 45% of electricity consumption from renewable sources by 2030.
🔭 Long-term
- Support CLI’s goal in achieving Net Zero emissions in Scope 1 and 2 by 2050.
🌱 ESG Focus Areas
Climate change and carbon emissions reductionEnergy efficiencyWater managementOccupational health and safetyHuman capitalStakeholder engagementProducts and servicesSupply chain managementDiversity (Board and staff)Risk managementBusiness ethicsWaste managementBiodiversityHuman rights