Singapore, 20 August 2020 – A total of 376 projects, including 16 overseas, have been awarded with the Building and Construction Authority (BCA) Green Mark Award this year. Twenty of them have obtained the Green Mark Super Low Energy Building (GM SLEB) Award, including three Positive Energy and three Zero Energy buildings. To date, a total of 39 projects involving 50 industry stakeholders have been accorded with the GM SLEB Award.
The upward trend of building owners going for higher tier Green Mark certifications is indicative of the industry recognising Green buildings as a key factor in fighting climate change. For example, the number of non-residential building projects obtaining Green Mark Platinum and above has doubled to 149 over the past five years.
CapitaLand Group has clinched the Green Mark Platinum Champion Award this year, setting a high standard among the Green Mark Champion winners. The award recognises developers who demonstrate a strong commitment towards corporate social responsibility and have achieved a substantial number of Green Mark Gold buildings or higher.
The real estate group has also achieved BCA’s Green Mark Platinum SLEB certification for LogisTech—the first logistics building in Singapore to achieve this recognition—due to its major upgrade to achieve higher energy efficiency standards. In addition to that, it has accomplished an installation of 21,000 solar panels atop LogisTech and five others atop its industrial properties in Singapore; as well as an eco-friendly refrigerant chilled-water system at the newly developed Funan, an integrated development.
Lynette Leong, Chief Sustainability Officer, CapitaLand Group, said, “We place sustainability at the core of what we do, and we are heartened by BCA’s recognition as a Green Mark Platinum Champion. It endorses CapitaLand’s position as a responsible real estate company and a sustainability leader. Over the past decade, CapitaLand’s efforts in sustainability have reaped tangible benefits and other positive externalities for the Group. For example, we have achieved utilities cost avoidance of S$208 million since 2009 and captured interest savings from our sustainability-linked loans as a result of meeting our sustainability targets.”
Hugh Lim, the CEO of BCA said, “BCA would like to congratulate all Green Mark Award winners for their commitment to fight climate change by doing their part to raise environmental sustainability standards for all buildings. BCA would like to thank all in the built environment sector for their partnership and contributions to this long-term effort. With the continued support, we continue to work collectively towards a Greener and healthier built environment for Singapore.”
– Construction+ Online