CapitaLand Investment’s climate resilience report flags coastal flooding as top risk
CapitaLand Investment’s (CLI) inaugural standalone climate resilience report, released on April 1st, highlights coastal flooding as the most significant threat to its global portfolio of over 480 properties across 20 countries. The report, in line with Task Force on Climate-related Financial Disclosures (TCFD) guidelines, underscores CLI’s commitment to climate-related disclosures since 2017.
In its third climate scenario analysis, CLI assessed potential risks under varying temperature increases by 2100, identifying coastal flooding as the predominant concern across all scenarios. Despite existing flood control measures in “most of its properties,” such as flood barriers and sensors, CLI emphasizes continuous updates to flood emergency response plans to enhance resilience.
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