Sustainability

As a CapitaLand-sponsored Real Estate Investment Trust (REIT), CapitaLand Integrated Commercial Trust (CICT) is aligned with CapitaLand Group’s commitment and approach to sustainability. We place sustainability at the core of everything we do and abide by CapitaLand’s sustainability framework, policies and guidelines, as well as ethics and code of business conduct.

CICT is aligned with CapitaLand Group’s 2030 Sustainability Master Plan unveiled in 2020 to elevate the Group’s commitment to global sustainability in the built environment. The Master Plan focuses on the following three key pillars to drive CapitaLand’s sustainability efforts in the environment, social and governance (ESG) pillars, enabling the Group to create a larger positive impact for the environment and society.

The three pillars are:

Environment, Health And Safety
Social
Governance

CICT is committed to environmental sustainability and value creation as a real estate owner. By leveraging technologies and analytics in optimising the usage of energy, water and waste management across our properties, we believe that we can manage our business more sustainably and create long-term value for all stakeholders.

Read more about CICT’s environment, health and safety efforts in our Annual Report here.

OUR POLICIES & OBJECTIVES:
  • Identify and respond to climate change risks through future-proofing our developments against changing climatic conditions from the design stage and improving the operational efficiency of our properties
  • Reduce energy consumption
  • Reduce water consumption and encourage the use of treated/recycled water and rainwater harvesting
  • Manage waste through improving construction efficiency and encouraging recycling
  • Manage biodiversity to contribute positively to the natural environment
  • Engage stakeholders to make a difference
Using 2008 as base year:
Carbon Emission Intensity Energy
Intensity
Water
Intensity
2030
New Targets
78% 35% 45%

2030 New Targets

TARGETS

CICT is aligned with CapitaLand's science-based targets which forms part of the CapitaLand’s 2030 Sustainability Master Plan that outlines the targets and pathways for our transition to a low-carbon business. CapitaLand's revised carbon emission intensity reduction target is computed from the approved science-based target, to better track our day-to-day operations efficiency improvements:

Occupational health and safety

Occupational health and safety (OHS) of our stakeholder groups (shoppers, tenants, communities, investors, employees and suppliers) are of utmost importance. We seek to implement effective OHS management and policies to ensure the workplace health and safety of staff, the safety of residents, shoppers, tenants, the public and our supply chain at our properties.

Occupational health and safety Policies & Objectives
  • Reduce occupational injury rates with the aim to achieve zero harm
  • Provide a robust OHS Management System
  • Meet or exceed OHS legal requirements
  • Promote a culture of individual ownership and responsibility for OHS management
  • Seek proactive support and participation from stakeholders including top management, employees, contractors, suppliers and tenants
  • Drive continuous improvement in OHS performance
Environmental, health and safety policy

CICT is committed to protecting the environment and upholding the occupational health and safety (OHS) of everyone in the workplace, and will:

  • Carry out exemplary Environmental, Health and Safety practices to minimise pollution and health and safety risks
  • Seek continual improvement on its Environmental, Health and Safety performance
  • Comply with pertinent legislations and other requirements
  • Implement the CapitaLand Sustainable Building Guidelines and Occupational Health and Safety programmes

This policy is readily available to all employees, suppliers, service providers and partners.

CapitaLand Supply Chain Code of Conduct

CapitaLand has developed a Supply Chain Code of Conduct which is primarily based on the legal compliance of local laws pertaining to labour, environment, business integrity and ethics, health and safety and establishes expectations on supplier business conduct as it relates to how goods and services are provided to CapitaLand and CapitaLand’s clients. This has been rolled out since end 2017.

CICT adopts the CapitaLand Supply Chain Code of Conduct to influence and encourage its supply chain to operate responsibly in the areas of anti-corruption, human rights, health and safety, as well as environmental management. We also ensure our suppliers and service providers comply with local regulations and other legal requirements. We share CapitaLand’s EHS policy with our suppliers and service providers to ensure that they are sufficiently trained in or briefed on EHS measures.

We are committed to promoting positive impact within the communities where we operate. Our stakeholders comprise shoppers, tenants, communities, investors, employees, and suppliers. We endeavour to develop strong stakeholder relationships by actively engaging with the various groups, and being attuned to the issues that matter to each group. Our ultimate goal is to work with relevant stakeholder groups to address issues and/or derive solutions that benefit stakeholders in our community.

View our community engagement activities here.

Our people also play a key role in our integrated sustainability strategy. Leveraging CapitaLand’s integrated human capital strategy, CICT recruits, develops and motivates employees and has in place, aligned key performance indicators for both employees and the business. We ensure fairness and diversity and provide equal opportunities for our employees’ continual learning and training to help them develop in their personal and professional capacities.

CICT is against any form of coerced labour and discrimination and adheres to the tenets of global human rights conventions that include the Universal Declaration of Human Rights and the International Labour Organisation (ILO) Conventions. Singapore has ratified 28 ILO Conventions, spanning four critical aspects of employment standards: child labour, forced labour, collective bargaining and equal remuneration. CapitaLand complies with five key principles of fair employment as a signatory of the Employers Pledge with the Tripartite Alliance for Fair Employment Practice.

As part of social responsibility, our staff are also encouraged to give back. This could be volunteering through the CapitaLand Hope Foundation (CHF), our philanthropic arm, or via other community engagement activities.

We believe that practicing good corporate governance is central to the health and stability of our financial markets and the economy. We adhere to an ethics and code of business conduct policy which deals with issues such as confidentiality, conduct and work discipline, corporate gifts and concessionary offers. Clear policies and guidelines on how to handle workplace harassment and grievances are also in place, while our zero-tolerance policy against bribery and corruption extends to our business dealings with third-party service providers and vendors.

Read more about CICT’s Corporate Governance here.