ENVIRONMENTAL CULTIVATING SUSTAINABILITY INNOVATIONS AT CLAS’ PROPERTIES – THE CAPITALAND SUSTAINABILITY X CHALLENGE The CapitaLand Sustainability X Challenge (CSXC) is a global platform to advance innovation and collaboration in sustainability within the built environment. Through CSXC, CapitaLand aims to source for emerging solutions and technologies Green Leases Beyond investing in environmentally sustainable properties and operating them according to best practices, CLAS understands the important role that the end-users of its buildings play. Collaboration with tenants has become increasingly important, and CLAS has continued to work together with its retail and commercial tenants to improve their sustainability performance and support their sustainability goals. We are engaging our tenants and encouraging them to include green lease clauses into the new and renewal lease agreements, where minimum equipment and lighting efficiency requirements are stipulated. Green fit-out guides are given to new tenants to encourage them to implement environmentally-friendly features and sustainable practices. The guides focus on areas such as energy and water conservation, proper waste management, indoor environmental quality, green purchasing and good maintenance practices which can improve the overall well-being of both tenants and customers while achieving cost savings from reduced utilities consumption. One of Ascott’s commitments under Ascott CARES is to implement a green lease programme at 100% of its properties by 2030, to support the tenants in their sustainability journeys. In 2023, about 90% of CLAS’ tenants with new and renewal contracts included green lease clauses into their agreements. Engaging and Educating Our Guests on Going Green At CLAS’ properties, guests are encouraged to adopt environmentally sustainable habits through various initiatives. Feedback from the guests on sustainability practices are welcomed, and ample opportunities are provided for them to participate in sustainability-themed events and activities organised by our properties. Guests at Ascott-managed properties are offered go-green options such as the “Go Green Towel and Linen” reuse programmes, and those who opt for a reduced room-cleaning frequency during their stays enjoy added loyalty points via the “Go Green” initiatives on Ascott’s loyalty mobile app, Discover ASR. At some properties, guests are offered the opportunity to join in on water conservation efforts, by timing their showers with water-proof hourglass sand timers. Ascott Makati in The Philippines globally to solve sustainability challenges impacting the built environment. In 2023, this global search for sustainability innovations saw 10 outstanding winners emerge from a pool of over 680 entries from 79 countries. These innovators won an opportunity to pilot their innovations at selected CapitaLand properties with up to S$1 million in total to cover the cost of test bedding. Ascott supported the CSXC mentorship programme by sharing industry insights, and providing guidance on real-life challenges to its assigned innovator, whose air conditioner solution reduces grid energy consumption by running directly on solar power on a sunny day and integrating both solar and grid energy when there is insufficient solar energy. This solution will be piloted at a CLAS property in 2024 – Ascott Makati in The Philippines, and is targeted to achieve energy savings of 30%. 31 CAPITALAND ASCOTT TRUST
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