This brings the group’s sustainable finance to $1.16 billion, or 79% of its total loans.
CLINT has two key performance indicators for this SLL. The first is to reduce the absolute greenhouse gas (GHG) emissions of its IT business park portfolio as at Dec 31, 2023 by 40.5% from the baseline year of 2019 during the 5-year loan term.
The second is to obtain the Excellence in Design for Greater Efficiencies (EDGE) certification for three selected IT business parks — International Tech Park Chennai, CyberVale, and aVance Pune, by 2026.
“Tying our sustainability performance with our financing demonstrates CLINT’s commitment to responsible growth, as we work towards achieving net zero carbon emissions for Scope 1 and 2 by 2050,” says Sanjeev Dasgupta, CEO of CapitaLand India TrustManagement.
See also: SGX gives approval-in-principle to FHT to delist
Units in CLINT closed flat at $1.05 on May 30.
