2015 Sustainability Report of CapitaLand Is Now Out

Dailycsr.com – 23 June 2016 – The credo of CapitaLand, “Building People. Building Communities.”, echoes of its “sustainability strategy”, whereby the company has the same commitments as the UNGC or the “United Nations Global Compact”.

Being true to its promise, CapitaLand strives to “deliver lasting benefits to people, communities and markets”. In the same endeavour, the company has adopted “universal principles on human rights, labour, the environment and anti-corruption”, besides acting strategically to develop the society. Likewise, CapitaLand has been assigned the position of a signatory in the year of 2015.

Moreover, it follows the “internationally accepted guidelines for sustainability performance” and the reporting guidelines, whereby it has published its sustainability report for the year of 2015, covering the company’s “international portfolio in over 20 countries”, which employs “more than 12,700 staff”.

Additionally, the report also outlines the priority list of “corporate responsibility” that “form the foundation” CapitaLand’s “global reporting approach” which includes “organisational, manufactured, environmental, human, and social and relationship capitals”. Here is a list of a few highlights of CapitaLand’s “global environmental performance” for the year of 2015:

• “22.6% reduction in carbon emissions intensity since 2008, on track to meet its 23% target by 2020
• “S$93 million in utilities cost avoidance since 2009 from 18.4% and 23.3% energy and water consumption reduction (per m2 with 2008 as base year) respectively
• “3,800 tonnes of recyclable waste diverted from landfills
• “Over 50 electric vehicle (EV) charging stations installed in its properties worldwide
• “About 30% of senior management positions filled by women
• “Over 55 training hours per staff
• “Close to 17,300 volunteer service hours contributed by staff in CapitaLand properties”

Moreover, Ethicalperformance informs that: “The report is based on the GRI Global 4 Sustainability Reporting Guidelines, in accordance with the Core option requirements outlined in the G4 reporting standards. It has completed the GRI Materiality Disclosures service. CapitaLand also applied the Guiding Principles of the International Integrated Reporting (IIRC) Framework as well as ISO 26000:2010 Guidance on Social Responsibility to this report. All underlying systems and processes that support the Group’s sustainability framework were reviewed and the accuracy and reliability of its statements and figures validated. The assurance engagement was conducted in accordance with the International Standard on Assurance Engagements 3000 (ISAE 3000). The assurance includes the evaluation of the Group’s sustainability behaviour and performance, based on the AA1000 Assurance Standard”.

References: ethicalperformance.com