CapitaLand’s sustainability strategy is based on its credo ‘Building People. Building Communities.’. CapitaLand is committed to improve the economic, environmental and social well-being of its stakeholders through its execution of development projects and management of its operations. In a rapidly changing environment, it actively embraces innovation to ensure commercial viability without compromising the environment for future generations.
CapitaLand upholds high standards of corporate governance and transparency to safeguard shareholders’ interests, and has an adequate and effective enterprise risk management system to enhance its business resilience and agility. CapitaLand’s proactive approach towards environmental, health and safety management, which incorporates universal design into its developments ensures that its properties are future-proofed and sustainable. Policies and guidelines are also established for the efficient use of energy, water and other resources.
CapitaLand’s integrated human capital strategy aims to recruit, develop and motivate employees to drive growth for the Group. Community development is an important component of CapitaLand’s commitment to sustainability. Its social investment aims to build a sustainable future for underprivileged children through corporate philanthropy and employee volunteerism.
For its efforts, CapitaLand was listed in the Global 100 Most Sustainable Corporations in the World 2015, Sustainability Yearbook 2015, Dow Jones Sustainability World Index and Dow Jones Sustainability Asia Pacific Index.
CapitaLand is one of the first companies in Singapore to voluntarily publish its Sustainability Reports according to the Global Reporting Initiatives (GRI) Guidelines. It is committed to cover its Group-wide property portfolio in more than 110 cities in over 20 countries. Its latest report is based on the GRI Global 4 Sustainability Reporting Guidelines, in accordance with the Core level requirements outlined in the G4’s reporting standards, and has achieved a “Materiality Matters” Check by GRI. The CapitaLand Limited Global Sustainability Reports can be found here.
Top Management Commitment and Staff Involvement
CapitaLand’s sustainability management structure is led by its Sustainability Council which comprises members of CapitaLand’s top management. It is supported by a Sustainability Steering Committee which oversees two work teams to ensure the Group’s continued progress and improvement in the areas of environment, social and governance. The Sustainability Steering Committee and work teams comprises representatives from all business units.