CapitaLand lowers electricity and water consumption, saves some S$1.5m

By May Wong, Channel NewsAsia
14 January 2009

SINGAPORE : Real estate giant CapitaLand saved some S$1.5 million last year by reducing its electricity and water consumption.

The green efforts were carried out across 23 properties such as its retail malls and office buildings.

The amount of electricity saved can power about 13,000 five-room HDB flats for one month, while the amount of water saved can fill 24 Olympic-sized swimming pools.

Last year, CapitaLand achieved its target of lowering its utilities consumption by two per cent compared to 2007.

This year, the company wants to reduce the use of water and electricity in about 150 local and overseas properties by three per cent.

That will help save up to S$4 million in utility costs. - CNA/ms