In 2024, CapitaLand Ascott Trust disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.
CapitaLand Ascott Trust disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.
| Metric (GJ) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Energy Consumption | 344,581a | 295,744a | 271,469a | |
Non-Renewable Energy Consumption | 301,183a | 272,380a | 249,102a | |
Renewable Energy Consumption | 43,398a | 23,364a | 22,367a |
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In 2024, CapitaLand Ascott Trust consumed a total of 344,581 Gigajoules of energy across its operations. Of this total, 12.59% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 87.41% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.a
In 2024, CapitaLand Ascott Trust consumed a total of 344,581 Gigajoules of energy, of which 12.59% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.a
This low level of renewable energy use highlights a heavy reliance on fossil fuels or other non-renewable sources, suggesting that CapitaLand Ascott Trust has considerable room to improve its energy sustainability strategy.
Since 2019, CapitaLand Ascott Trust's total energy consumption increased by 1.73%, including a 16.51% increase in 2024, reflecting a sustained rise in overall energy demand.a
Over the same period, the share of renewable energy in CapitaLand Ascott Trust's consumption increased by 828.02%, including a 59.42% increase in 2024, showing consistent progress in clean energy adoption.a
Overall, CapitaLand Ascott Trust has seen rising energy demand, but has also made strong and consistent progress in increasing its reliance on renewable energy—mitigating the environmental impact of its growing consumption.