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Winners will receive mentorship, project funding and the opportunity to pilot and implement the innovations at CapitaLand’s global network of properties. Image: CapitaLand
In its inaugural CapitaLand Sustainability X Challenge (CSXC), the multinational real estate group has launched a global open call for sustainability innovation to accelerate sustainability efforts within the built environment.
This is the first sustainability challenge by a Singapore real estate company on a global scale.
The challenge is open to companies across the world with suitable sustainability innovations from now till February 2021.
CSXC is looking for two winning solutions: the ‘High Impact Award’, and the ‘Most Innovative Award’, with each prize including $50,000 to fund their projects, mentoring by a CapitaLand business leader and the exclusive opportunity to pilot, test and implement innovations at select CapitaLand properties in over 220 cities and 30 countries.
Winners will be announced during the grand finale in May 2021.
This challenge aims to accelerate “CapitaLand’s sustainability efforts and meet our ambitious targets outlined in CapitaLand’s 2030 Sustainability Master Plan, innovation and collaboration with like-minded partners are essential,” says Ms Lynette Leong, Chief Sustainability Officer of CapitaLand Group.
“In addition to tackling the challenges of lowering carbon emissions and water conservation as well as promoting circularity in our waste management practices, threats such as COVID-19 and the haze have sharpened our focus on further improving the health and safety of our building occupants and customers, beginning with elevating the indoor air quality at our properties. This will reinforce our leading position as a sustainable global real estate company.”
Participants will need to submit a proposal that addresses any of the seven challenge statements developed by CapitaLand to meet its global business needs.
The seven statements are categorised under four themes: Low carbon transition, Water conservation and resilience, Waste management and the circular economy, and Healthy and Safe Buildings.
To submit their innovations, participants can indicate their interest online via the registration form on the CSXC website. Successful applications will receive the full submission form for participation.
Submissions will close on 1 February 2021.
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