First sustainability report for Capitaland

Singapore property giant CapitaLand has published its first Sustainability Report, which provides comprehensive details of the company’s corporate governance, environmental, human capital development and philanthropic initiatives.

The web-based report covers its activities in 2009 over 20 countries, including Singapore.

The firm said in a statement on Monday that it had saved about S$8.8 million by reducing the energy and water usage of 138 properties worldwide.

It has also set a target to reduce 20 per cent of its energy and water usage per gross floor area (GFA) by 2020, based on 2008’s numbers.

CapitaLand said it achieved an average training hours per employee of 59.6 hours per year - above the recommended industry guide of 40 hours.

CapitaLand Group president and chief executive, Mr Liew Mun Leong, 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.”

The CapitaLand Sustainability Report 2009 is available online at

The firm is the only Singapore real estate company listed in the Dow Jones Sustainability Asia Pacific Index 2009.

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