SUSTAINABILITY REPORT 2023 31 ENVIRONMENTAL ENVIRONMENTAL AND MANUFACTURED CAPITAL In 2023, CLCT’s total water consumption was 695,401 m3. This translates to a water consumption intensity of 0.519 m3/m2, a 39.5% reduction compared to 2019 baseline. On a YoY basis, CLCT’s water consumption intensity recorded a slight increase of 3.9%, similarly due to operational improvement and AEI activities. The majority of CLCT’s water usage comes from cooling towers, toilets, washing activities and landscaping. As CLCT’s properties are mostly located in medium to extremely high-water stress areas21, we continue to implement initiatives to ensure efficient operations and minimise water wastage. These conservation initiatives have been rolled out in CLCT’s retail malls and business parks: Focus Initiatives Consumption Reduction • Lowered flush volumes and water-efficient faucets • Replaced corroded fixtures • Installed automatic irrigation systems Control, Metering and Monitoring • Installed remote meters on water supply and air conditioning systems to monitor water consumption in real-time • Water audit • Sub-metering to track consumption and early leak detection Recycling and Reducing Reliance on Potable Water • Rainwater harvesting for landscape irrigation Our property managers conduct routine assessments of facilities to monitor water usage, promptly identifying and addressing any fluctuations or anomalies. CLCT organises quarterly operational meetings with tenants and employees to enhance water-saving awareness, reinforcing the significance of water conservation and sharing reduction measures with stakeholders. Waste Management Recognising the importance of responsible waste management, CLCT actively engages stakeholders, including tenants, shoppers, and the general public, to reduce and recycle waste. Recycling and disposal bins for different waste types are strategically placed at our properties. Our main contractors are required to implement procedures that minimise construction waste and ensure proper disposal. To further reduce our environmental impact, the collection and recycling of waste are diligently tracked by our property management teams. CLCT actively encourages and promotes eco-friendly practices within our operations, such as returning of used photocopier toner cartridges and using of paper certified by the Forest Stewardship Council (FSC) in our corporate office. To promote sustainability, CLCT's ISR is not printed and will only be made available on our website. In 2023, CLCT collected a total of 8,139 tonnes of waste, of which 18.6% (equivalent to 1,510 tonnes) were recyclable waste comprising paper, plastic, metals and other materials. 0.1 tonnes of hazardous waste22 was collected in 2023. 21 The water stress areas were computed using the Aqueduct tool. Data on water consumption has been gathered from the utility bill from the water providers. 22 Hazardous waste generated by CLCT includes waste engine oil/diesel oil, waste cotton yarn containing engine oil, waste fluorescent tubes, etc.
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