INNOVATION AND GREEN INITIATIVES FOR A SUSTAINABLE TOMORROW The CSXC is a global platform driving innovation and collaboration in sustainable built environments. Since its launch by CLI in November 2020, CSXC has grown steadily, supporting CICT in exploring emerging solutions to address sustainability challenges. Fostering innovation among staff, the S$50 million CIF was launched by CLI in 2021, with 63 initiatives selected for further development. Over half were focused on sustainability. CICT has concluded a CIF pilot to optimise indoor air quality while minimising energy consumption at CapitaSky. We are expanding the initiative to the other CICT properties, including Asia Square Tower 2, CapitaGreen and CapitaSpring. In Jurong Lake District, the Jurong Lake Innovation Challenge (JLDIC) brings together stakeholders, start-ups, and institutions to address environmental challenges. CICT’s involvement in JLDIC centres on zero waste and water system optimisation through digitalisation and smart technologies towards a sustainable future. In 3Q 2024, CaaS systems were set up at our integrated developments, namely Raffles City Singapore, Plaza Singapura, and The Atrium@Orchard. With 4.8 million sq ft of GFA, the cooling systems will have a combined installed capacity of approximately 15,000 refrigerant tonnes across the three properties. Please read more about this feature on CICT’s website. Currently, nine innovations and green initiatives are underway or pending installation at CICT properties. Car Park Smart Lighting at IMM Building Improves energy efficiency through scheduled and remote lighting control Status: Pending installation INNOVATION & GREEN INITIATIVES AT CICT PROPERTIES Disinfecting Filtration System (CSXC) at CapitaGreen Designed to replace traditional media filters, improving air handling efficiency and reducing fan motor energy usage Enhanced Integrated Facilities Management Platform at Bedok Mall Optimises operational performance and efficiency through enhanced data analytics Status: Pending installation Status: Progress monitoring Water System Monitoring (JLDIC) at IMM Building Using artificial intelligence and sensors to monitor and detect problems in water systems WAVE Valve Technology (CSXC) at Funan Using air compression valve to improve water meter accuracy Status: Progress monitoring Status: Concluding Solar Hybrid ACDC Air-con (CSXC) at IMM Building Operates on solar power and only switches to grid energy on low sunlight, reducing grid dependency Distributed District Cooling Network1 by SP Group’s connects seven key buildings in Tampines town centre, including Tampines Mall, to enhance energy efficiency and reduce carbon emissions Status: Progress monitoring Status: Operational since March 2025 Energy Saving Water Saving Waste Recycling Data Digitalisation (JLDIC) at IMM Building A sustainable resource station embedded with a loadcell system to collect, sort, track, and report waste recycling data NEWBitumen (CSXC) plastic collection at IMM Building, Plaza Singapura, Raffles City Singapore and Tampines Mall Using recycled plastic to create sustainable construction material “NEWBitumen” be used for road paving Status: Concluding Status: Progress monitoring Recycling 1 For more information, please visit SP Group’s website. 29 Sustainability Report 2024
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