CapitaLand Integrated Commercial Trust - Annual Report 2021

TAMPINES MALL SUBSCRIBES TO INNOVATIVE COOLING SOLUTION THAT ENHANCES EFFICIENCY As part of the CapitaLand Group, one of the most sustainable corporations in the world, CICT is firmly committed to embedding sustainability in our business strategy and the daily operations of our portfolio, which is 100% green-rated. To continue advancing in our sustainability journey under CapitaLand’s 2030 Sustainability Master Plan, we believe in supporting innovation and collaborating with like-minded partners. We are therefore pleased to take part in the distributed district cooling (DDC) network feasibility study in Tampines Central, where Tampines Mall is located. To date, the results of the study have been encouraging, and we expect to see some reduction in the energy consumption for Tampines Mall going forward. We welcome and look forward to more of such collaborative efforts that benefit the communities served by CICT’s properties and support Singapore’s overall climate resilience. Tony Tan Chief Executive Officer, CapitaLand Integrated Commercial Trust (CICT) Management Limited A feasibility study conducted at Tampines Central demonstrates: 17% ~S$4.3 million 18% Electricity Consumption Annual Savings Carbon emissions Savings from energy, reduced equipment replacement and maintenance costs, and potential earnings from freed-up chiller plant space which can be converted for retail or office use Reduction In August 2021, CICT signed a Letter of Intent with the Singapore Power Group (SP Group) to subscribe for the proposed distributed district cooling (DDC) network in Tampines Central that could achieve energy savings and reduce carbon emissions through economies of scale. The proposed DDC network, a project by Temasek and SP Group, will be the first to be applied for brownfield developments and will be a gamechanger for more eco- friendly towns, in support of Singapore Green Plan 2030. Tampines Mall will be one of 14 buildings to tap into an interconnected, centralised cooling system aimed at lowering energy consumption and carbon emissions. The DDC network will consolidate the cooling loads of the 14 buildings where it will distribute chilled water through centralised infrastructure such as retrofitted underground insulated pipes. Cooling efficiency is improved given that district cooling uses less energy compared to standalone cooling systems. This will bring about significant savings on maintenance costs for our property by tapping on the DDC network. WASTE MANAGEMENT Focus Measures Recycling • Collection stations at properties for paper, plastic bottles and electronic waste • Partnership with NEA to install reverse vending machine programme for the collection of drink containers at 12 malls • Pilot the CleanRobotics for trash sorting bins initiative at Raffles City Singapore in 2022 • Pilot the introduction of food waste digester initiative at Tampines Mall and Funan in 2022 Annual Report 2021 137 Environment