Cities: Possibilities 2024 – A CapitaLand Sustainability Edition | Breakout plenary CLD

Why (green) buildings matter: A stakeholder perspective
Creating sustainable cities is a collective effort, particularly within the real estate sector, where a broad ecosystem of stakeholders plays a crucial role. This ecosystem includes property owners, developers, investors, tenants, contractors, suppliers, and regulators.

Tenants, for instance, can contribute up to 70% of a building’s total energy consumption. As their preference for sustainability grows, it directly shapes the design of buildings and the adoption of energy- and resource-efficient features.

Meanwhile, investors are increasingly prioritizing sustainability, recognizing that properties with strong environmental credentials offer long-term value and reduced risk. This shift in investor priorities is channeling more funding toward sustainable projects.

The rising demand for sustainability throughout the real estate value chain influences investment decisions, property values, and the competitiveness of green buildings in the market.

However, stakeholders face challenges in navigating this complex landscape, including varying green building certification standards, regulatory compliance, costs, Scope 3 emissions, and impact measurement. Achieving sustainability requires coordinated efforts across all parties.

This plenary will explore emerging trends in real estate development, their impact on stakeholders, and the increasing focus on sustainable cities, which are setting ambitious net-zero targets and raising expectations for livability.

Speakers:
Maria Atkinson
Chairperson of the Board, Holcim Foundation for Sustainable Construction

Henri de Branche
Executive Director​, APAC Head of Sustainable Solutions, J.P. Morgan

Paul Sloman
Global Leader – Property, Science, Industry, Technology & Social Infrastructure, Arup

Moderator
Giovanni Cossu
Head of Sustainability, CapitaLand Development