CapitaLand publishes first sustainability report

Measures done by company to achieve sustainability include cost reduction, personnel development and donation to charities.

CapitaLand has published its Sustainability Report 2009, providing comprehensive details of the Group’s corporate governance, environmental, human capital development and philanthropic initiatives. The web-based report covers its activities in over 20 countries, including Singapore, according to a CapitaLand report.

In 2009, CapitaLand Group’s key sustainability achievements were:

• Only Singapore real estate company listed in the Dow Jones Sustainability Asia Pacific Index 2009;
• Saved approximately S$8.88 million by reducing the energy and water usage of 138 properties worldwide;
• Set a Year 2020 target of a 20% reduction in energy and water usage per gross floor area (GFA) compared to Year 2008;
• Achieved average training hours per employee of 59.6 hours per annum, well above the recommended industry guide of 40 hours;
• Donated over S$5 million to children’s charities all over Asia since November 2005 through CapitaLand Hope Foundation, the Group’s philanthropic arm; and
• Won for the ninth consecutive year the “Most Transparent Company (Property)” award by the Securities Investors Association (Singapore).

Mr Liew Mun Leong, President and CEO of CapitaLand Group, said: “The publication of
CapitaLand’s first Sustainability Report in 2010 marks a significant milestone for CapitaLand as we celebrate the Group’s tenth anniversary this year. Since inception, corporate sustainability has been part and parcel of how we operate, and this has helped to differentiate us in a highly competitive business environment. We remain committed to be a good corporate citizen and to building a greener future, not just for this generation, but for generations to come.”