CapitaLand Investment commits to Net Zero by 2050

CapitaLand Investment Limited (CLI) has elevated its commitment to sustainability by aiming to achieve Net Zero emissions by 2050.

CLI aims to reduce its absolute scope 1 and 2 greenhouse gas emissions by 46 percent, up from 28 percent, by 2030 from a 2019 base year. These new targets to reduce greenhouse-gas emissions are validated by the Science Based Targets initiative (SBTi) to limit global warming to 1.5 degrees Celsius, in accordance with the goals of the Paris Agreement. CapitaLand is one of the few Singapore-based companies to have SBTi-approved carbon targets aligned to the 1.5-degree scenario for its extensive global operations.

The new Net Zero commitment builds on existing sustainability targets outlined in CapitaLand’s 2030 Sustainability Master Plan unveiled in October 2020. This includes accelerating the transition to a low-carbon bus