Quotes from Property Owners
Quote from CapitaLand
“As part of the CapitaLand Group, one of the most sustainable corporations in the world, CICT is firmly committed to embedding sustainability in our business strategy and the daily operations of our portfolio, which is 100% green-rated. To continue advancing in our sustainability journey under CapitaLand’s 2030 Sustainability Master Plan, we believe in supporting innovation and collaborating with like-minded partners. We are therefore pleased to take part in the distributed district cooling (DDC) network feasibility study in Tampines Central, where Tampines Mall is located. To date, the results of the study have been encouraging, and we expect to see some reduction in the energy consumption for Tampines Mall going forward. We welcome and look forward to more of such collaborative efforts that benefit the communities served by CICT’s properties and support Singapore’s overall climate resilience.”
Mr Tony Tan, Chief Executive Officer, CapitaLand Integrated Commercial Trust (CICT) Management Limited
Quote from Frasers Property
“We are pleased to be a part of this initiative to adopt a cleaner and greener cooling solution across our properties in Tampines, which aligns with Frasers Property’s corporate goal to be a net-zero carbon corporation by 2050. This opportunity to play an instrumental role in building a distributed district cooling network in the township reaffirms our commitment to tackling urgent sustainability challenges and creating places for good. As we continue to develop innovative solutions to tackle climate change, we look forward to working alongside our partners to enable a more energy-efficient and resilient ecosystem for the communities we operate in.”
Mr Low Chee Wah, Chief Executive Officer, Frasers Property Retail
Quote from OCBC Bank
“It is exciting to see such an eco-system being created by like-minded organisations in an unified push for sustainability in Singapore. Climate action cannot be achieved by any single party; it has to be a collective one to truly make an impact. OCBC is therefore very pleased to participate in the study and initiative. We take this collective approach for all our OCBC-owned buildings too. Not only do we adopt best practices in the use of energy, water and waste management, we also do our part to nudge our suppliers, customers, tenants and other stakeholders to adopt more environmentally-friendly practices. It is also our goal to get all our buildings and branches to achieve the BCA Green Mark Award by 2030. So far, nine have received the Mark.”
Ms Helen Wong, Group Chief Executive Officer, OCBC Bank
Quote from UOB
“At UOB, we are mindful of the environmental impact of our buildings and operations and target to have all our wholly-owned buildings certified green by 2030. To this end, we continue to make improvements in our buildings in areas such as energy efficiency and resource conservation. This is why we are pleased to work with Temasek, SP Group and other building owners to make Tampines an Eco Town in this pioneering brownfield initiative for an interconnected and sustainable cooling system. We believe the collective efforts to make the brownfield built environment more sustainable will have a multiplier effect as we strive to be more efficient in managing our environmental impact. Together, we can help to forge a sustainable future for all.”
Mr Wee Ee Cheong, Deputy Chairman and Chief Executive Officer, UOB
Quote from People’s Association
“Our Tampines Hub, led by People’s Association (PA) is happy to support this green initiative in enabling Tampines to be an Eco Town by 2025. Serving as a platform that connects and engages with the community, we will be able to create better awareness and nurture an appreciation for more energy efficient solutions among our residents. We look forward to partnering SP Group, Temasek and our neighbouring building owners to bring this initiative to fruition; and to further outreach efforts in our sustainability plan.”
Mr Lim Hock Yu, Chief Executive Director People’s Association
About Temasek
Temasek is an investment company with a net portfolio value of S$381 billion as at 31 March 2021.
Our Temasek Charter defines our three roles as an Investor, Institution and Steward, and shapes our ethos to do well, do right, and do good.
As a provider of catalytic capital, we seek to enable solutions to key global challenges. We deploy financial capital to stimulate innovation and growth; develop human capital to uplift capabilities and enhance potential; enable natural capital and foster sustainable solutions for the climate and a better living environment; and seed social capital to transform lives for a more inclusive and resilient world.
Sustainability is at the core of all that we do. We actively seek sustainable solutions to address present and future challenges, as we capture investible opportunities to bring about a sustainable future for all.
Temasek has had overall corporate credit ratings of Aaa/AAA by rating agencies Moody’s Investors Service and S&P Global Ratings respectively, since our inaugural credit ratings in 2004.
Headquartered in Singapore, we have 13 offices in 9 countries around the world: Beijing, Hanoi, Mumbai, Shanghai, Shenzhen and Singapore in Asia; and London, Brussels, New York, San Francisco, Washington DC, Mexico City, and Sao Paulo outside Asia.
For more information on Temasek, please visit www.temasek.com.sg
For Temasek Review 2021, please visit www.temasekreview.com.sg
About SP Group
SP Group is a leading utilities group in the Asia Pacific, empowering the future of energy with low-carbon, smart energy solutions for its customers. It owns and operates electricity and gas transmission and distribution businesses in Singapore and Australia, and sustainable energy solutions in Singapore and China.
As Singapore’s national grid operator, about 1.6 million industrial, commercial and residential customers benefit from its world-class transmission, distribution and market support services. These networks are amongst the most reliable and cost-effective world-wide.
Beyond traditional utilities services, SP Group provides a suite of sustainable and renewable energy solutions such as microgrids, cooling and heating systems for business districts and residential townships, solar energy solutions, electric vehicle fast charging and digital energy solutions for customers in Singapore and the region.
For more information, please visit spgroup.com.sg or for follow us on Facebook at fb.com/SPGroupSG, on LinkedIn at spgrp.sg/linkedin and on Twitter @SPGroupSG.
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