CICT is committed to environmental sustainability and value creation by leveraging technologies, tools, education and analytics in optimising the usage of energy, water and waste management across our properties.
Read the full report about CICT’s Environmental in our Sustainability Report 2023 here.
CICT leverages CLI's Environmental Management System (EMS) in managing its environmental footprint across its portfolio. The EMS is integrated with the Occupation Health and Safety Management System to form a comprehensive EHS Management System (EHSMS). The EHSMS is audited by a third-party accredited certification body to ISO 14001 and ISO 45001 standards. ISO 14001 and ISO 45001 are internationally recognised standards for the environmental management of businesses and occupational health and safety management of businesses, respectively. CLI's EMS offers a systematic approach to effectively manage and continuously enhance the environmental performance of CICT's portfolio. It plays a crucial role in identifying and managing significant environmental aspects of business operations that could adversely affect the environment. To assess the significance of each environmental aspect and its impact, the EMS employs a rigorous risk assessment methodology. This method considers various factors including the probability of occurrence, the severity of potential impact, and the implementation of appropriate control measures, ensuring a comprehensive and proactive approach to environmental management. All staff are involved in reducing CICT's environmental footprint. They are encouraged to be forthcoming and to report all incidences of environmental-related issues and complaints, as well as incidences of non-compliances and non-conformities.
Align to CapitaLand Environmental, Health and Safety (EHS) Policy | |||
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As an international corporate social citizen, CLI is committed to protecting the environment and upholding the occupational health and safety of everyone in the workplace and will: | |||
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CapitaLand’s SBG is an in-house guide developed since 2007 to ensure environmental considerations are factored in all stages of a project, from feasibility, design, procurement, construction, operations to redevelopment. It covers new acquisitions, developments and refurbishments, as well as joint venture developments where CICT has management control. The SBG is regularly reviewed to ensure continuous improvement, with a focus on four key objectives of minimising carbon footprint and energy consumption, water management, reducing the generation of waste, and promoting biodiversity in the real estate life cycle.
Embedding targets for low-carbon transition, waste management and circular economy, water conservation and resilience, accessibility, healthy and safe building and supply chain management throughout the real estate life cycle
#1 Investment
#2 Operations
#3 (Re) Development
Training of staff and stakeholder engagement
A key component of the SBG is the mandatory ESIA. An ESIA is carried out during the feasibility study phase for investments in operational assets or redevelopment projects as part of due diligence. This involves establishing the baseline environmental performance such as energy efficiency and comparing it against our 2030 targets. The assessment also includes transition and physical risks and opportunity considerations, as well as the application of an internal carbon price. This assessment would guide the businesses to consider EHS risks and opportunities upfront and identify mitigation measures earlier. The significant findings of the ESIA and their cost implications are incorporated in the investment paper submitted to CICT’s Board for approval.
CICT aligns with CLI's transition to a low-carbon business, adhering to the 2030 Sustainability Master Plan targets and committing to Net Zero emissions for scope 1 and 2 GHG by 2050. The SBTi has validated our reduction target for absolute scope 1 and 2 GHG emissions to align with a 1.5°C scenario.