CapitaLand Mall Trust's focus on sustainable retail operations

CapitaLand Mall Trust (CMT) is one of the largest retail real estate investment trusts (REITs) in Singapore. The company has a strong focus on sustainability and has implemented several initiatives to improve its sustainable retail operations. According to its sustainability report, CMT achieved a 19.1% reduction in energy intensity and a 22.9% reduction in water intensity across its portfolio from 2008 to 2019. CMT also secured its first sustainability-linked loan of S$200 million from United Overseas Bank Limited in 2020, which incentivises CMT to achieve certain sustainability performance targets. Education for sustainability is a process of learning that enables people to develop the knowledge, skills, values, and attitudes needed to contribute to a more sustainable world. CMT also collaborated with the Singapore Environment Council to organise the Eco-Shop Challenge, which challenges shoppers to reduce their environmental footprint by choosing eco-friendly products and services.