CapitaLand Mall Trust's focus on sustainable retail operations

Book chapter


Thankappan Nair, P. 2023. CapitaLand Mall Trust's focus on sustainable retail operations. in: Choong, L., Rangaswamy, E., Jamieson, I. and Kilday, A-M. (ed.) Singapore Inc.: A Century of Business Success in Global Markets London Routledge Taylor & Francis Group. pp. 122-123
AuthorsThankappan Nair, P.
EditorsChoong, L., Rangaswamy, E., Jamieson, I. and Kilday, A-M.
Abstract

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.

Book titleSingapore Inc.: A Century of Business Success in Global Markets
Page range122-123
Year2023
PublisherRoutledge Taylor & Francis Group
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Publication dates
Print18 Dec 2023
Publication process dates
Deposited02 Jul 2025
Place of publicationLondon
Edition1st Edition
ISBN9781032660547
Digital Object Identifier (DOI)https://doi.org/10.4324/9781032660547
Web address (URL)https://www.taylorfrancis.com/chapters/edit/10.4324/9781032660547-47/capitaland-mall-trust-focus-sustainable-retail-operations-preethi-thankappan-nair?context=ubx&refId=240b1a43-94ce-4189-9613-0078a6144c46
Copyright holder© 2023 The Author
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