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CapitaLand India Bags IGBC Green Champion Award As The ‘Developer Leading The Green Building Movement’

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CapitaLand India, won the prestigious 6th Indian Green Building Council (IGBC) Green Champion Award for the category – ‘Developer Leading The Green Building Movement In India (Commercial)’. With over 12 buildings that have received the IGBC Green building certification, CapitaLand was a unanimous choice for the IGBC jury members.

The annual Green Champion Award is the most prestigious honour bestowed by IGBC upon the leaders of the green building movement in India and was presented to CapitaLand India at the IGBC Leadership Awards held in Hyderabad.

Mr Vinamra Srivastava, CEO Business Parks, CapitaLand India, said: “As one of Asia’s largest diversified real estate groups, we believe in growing our business in a sustainable manner to create long-term value for our properties. This is an important milestone for us as CapitaLand India is setting new benchmarks in sustainability across our parks through various projects aimed at reducing our carbon footprint helping make our developments become more environment-friendly. Sustainability is at the core of our DNA and we remain committed to pushing the boundaries together with all our stakeholders. This award is a testament to that fact and further motivates us to leverage our strong network of business partners and tenants to adopt eco-friendly initiatives.”

CapitaLand India has 26 green buildings1 across the country in the cities of Bangalore, Hyderabad, Chennai, Pune and Gurgaon. CapitaLand India has adopted various measures to reduce its carbon footprint. Some of the initiatives include the use of onsite and offsite solar energy usage, energy-efficient glass façade and green construction materials, energy-efficient high-performance chillers, treated STP water for irrigation and flushing catered, 100% LED fixtures, demand-controlled ventilation, low flow flush and water fixtures and mass transportation facilities for parasites to name a few. The organisation has also initiated measures to ensure zero wastage and reduce the usage of single-use plastic across its parks. As part of its tech initiatives, CapitaLand India has set up an IoT driven Operations Centre that helps buildings become more energy efficient through real-time data analysis and performance monitoring.

This award adds to the many recognitions the CapitaLand Group has received globally for its sustainability efforts. In January this year, CapitaLand was ranked 33rd in the ‘Global 100 Most Sustainable Corporations in the World 2019’. In September, CapitaLand was listed on the Dow Jones Sustainability World Index for the eighth consecutive year.

CapitaLand has set a target to achieve 100% green certification of its global portfolio by 2030 and aims to have at least 20% energy consumption from renewable energy by 2025. CapitaLand is also tackling the issue of resource consumption within its operations, focusing on single-use plastics and paper consumption, and expects to see significant reductions from 2020.

About CapitaLand India (www.capitaland.com)

CapitaLand Limited (CapitaLand) is one of Asia’s largest diversified real estate groups. Headquartered and listed in Singapore, it owns and manages a global portfolio worth S$129.1 billion as at 30 June 2019.  CapitaLand’s portfolio spans across diversified real estate classes which includes commercial, retail; business park, industrial and logistics; integrated development, urban development; as well as lodging and residential.  With a presence across more than 200 cities in over 30 countries, the Group focuses on Singapore and China as its core markets, while it continues to expand in markets such as India, Vietnam, Australia, Europe and the USA.

CapitaLand has one of the largest real estate investment management businesses globally. It manages eight listed real estate investment trusts (REITs) and business trusts as well as over 20 private funds. Since it pioneered REITs in Singapore with the listing of CapitaLand Mall Trust in 2002, CapitaLand’s REITs and business trusts have expanded to include Ascendas Reit, CapitaLand Commercial Trust, Ascott Residence Trust, CapitaLand Retail China Trust, Ascendas India Trust, CapitaLand Malaysia Mall Trust and Ascendas Hospitality Trust.

In India, CapitaLand has a strong presence with a portfolio of 25 business and IT parks, industrial, lodging and logistics properties across eight cities – Bangalore, Chennai, Goa, Gurgaon, Hyderabad, Mumbai, Pune and Sri City.

The Group is a key contributor to India’s IT industry development, having pioneered the renowned International Tech Park Bangalore in 1994. CapitaLand has deep expertise in India across the full real estate value chain – from owning, developing and managing properties to fund management through Ascendas India Trust and private funds.

1 12 IGBC and 14 USGBC LEED certifications

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