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:
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.
|Carbon Emission Intensity||
2030 New 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 (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.
CICT is committed to protecting the environment and upholding the occupational health and safety (OHS) of everyone in the workplace, and will:
This policy is readily available to all employees, suppliers, service providers and partners.
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 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.