CICT’s sustainability targets are set, and efforts are guided by CapitaLand Investment (CLI) as a CLI-sponsored real estate investment trust (REIT). The Manager and the Property Managers who oversee the operations of CICT abide by CapitaLand’s sustainability framework, policies and guidelines, as well as ethics and code of business conduct.

CICT is aligned with CapitaLand's 2030 Sustainability Master Plan (SMP) unveiled in 2020 to elevate the Group’s commitment to global sustainability in the built environment. The SMP drives CapitaLand’s sustainability efforts in the ESG pillars, enabling the Group to create a larger positive impact for the environment and society. CapitaLand’s 2030 SMP is regularly reviewed where necessary to complement the group’s business strategy and align with climate science.


At CICT, sustainability is at the core of everything we do. We are committed to growing in a responsible manner, delivering long-term economic value, and contributing to the environmental and social well-being of our communities. The material environmental, social and governance (ESG) factors have been identified with set targets for 2030, in alignment with CapitaLand 2030 SMP. This will be reviewed by the Board of the Manager of CICT together with management every two years.

CICT’s ESG plan steers our efforts on a common course to maximise impact through building a resilient and resource-efficient real estate portfolio, enabling thriving and future-adaptive communities, and accelerating sustainability innovation and collaboration. Ambitious ESG targets have been set by CapitaLand and adopted throughout the organisation including CICT and these targets include carbon emissions reduction targets validated by the Science Based Targets initiative (SBTi). Following the Group’s first scheduled review in 2022, the SMP targets have been revised to include SBTi-approved targets in line with a 1.5˚C scenario1, Net Zero commitment, and enhanced focus on social indicators.

The Board of the Manager of CICT is responsible for overseeing the Trust’s sustainability efforts and takes these ESG factors into consideration in determining its strategic direction and priorities.

The Board also approves the executive compensation framework based on the principle of linking pay to performance. The Manager’s business plans are translated to both quantitative and qualitative performance targets, including sustainable corporate practices.

1 To operationalise its SBTi-approved carbon emissions reduction target for scope 1 and 2 emissions, CLI is reviewing its carbon emissions intensity reduction targets and other environment targets, including changing reference to 2019 as the baseline year instead of 2008. The targets are being reviewed as part of the scheduled review of CapitaLand’s 2030 SMP in 2022 and will be published before end May 2023.



In line with CLI, the Manager and Property Managers have a regular review, assessment and feedback process in relation to ESG topics. One key avenue is the annual groupwide Risk and Control Self- Assessment exercise, which entails the identification, assessment and documentation of material risks and corresponding internal controls. These material risks include fraud and corruption, environmental (e.g. climate change), health and safety, and human capital risks which are ESG-relevant. More information can be found under Risk Management in the Annual Report 2022.

Guided by CapitaLand’s 2030 SMP to elevate the group's commitment to global sustainability, CLI and CICT identifies and reviews material issues that are most relevant and significant to the company and its stakeholders. These ESG material issues are assessed and prioritised based on the likelihood and potential impact of issues affecting the business continuity of CLI and CICT. For external stakeholders, priority is given to issues important to the community and applicable to CLI and CICT. For more details, please refer to the Material Topics and Boundaries in the Sustainability Report 2022.

Prioritisation of ESG Material Issues


CICT’s material ESG issues and the value created, aligned to CapitaLand’s 2030 SMP focus areas and commitments2, are mapped to CICT’s resources – Financial, Organisational, Properties, Environment, and Stakeholders & Communities. This is further mapped against eight UN SDGs that are most aligned with CapitaLand’s 2030 SMP focus areas, and where CICT can achieve the greatest positive impact.

The UN SDGs call on companies everywhere to advance sustainable development through the investments they make, the solutions they develop, and the business practices they adopt. In doing so, the goals encourage companies to reduce their negative impacts while enhancing their positive contributions to the sustainable development agenda.

2CapitaLand’s 2030 SMP is regularly reviewed where necessary to complement the group’s business strategy and align with climate science. The first scheduled review in 2022 is in progress and will be published before end-May 2023.
3 Covers owned and managed properties by gross floor area.

The material topics and boundaries are summarised here.