S U S T A I N A B I L I T Y R E P O R T
Figure 8: Energy Consumption and Intensity in China
Emissions
Majority of emissions of greenhouse gas contributions is indirect
emissions, being attributable to the generation of purchased
electricity used to run the properties. The Manager is committed
to limit emissions of greenhouse gases into the atmosphere to
combat climate change.
In support of Singapore’s 2020 national carbon target to reduce
its greenhouse gas emissions by 16% below Business-As-Usual
levels, the Manager has undertaken practical efforts to quantify
Scope 2 emissions over the last three reporting years.
Singapore
The fall in the carbon emissions intensity for FY14/15 is
consistent with the decrease in energy intensity in Singapore.
Figure 9: Aggregated Carbon Emissions
4
in Singapore
China
Similarly, the trend of carbon emissions intensity tracks the
energy intensity usage in Beijing and Shanghai.
Figure 10: Carbon Emissions
4
and Intensity in China
Water Consumption
The Manager advocates the conservation of water resources.
With limited natural water resources, water availability and
conservation are especially important in Singapore. In today’s
context the issue has become even more prominent, given the
changes in the hydrologic regime brought about by climate
change. A-REIT’s initiatives in this regard are even more relevant
as Singapore experienced a period of dry spell in FY14/15.
All water consumed is derived from local water utility firms.
Singapore
In FY14/15, there was an increase in aggregate water
consumption to 1,240 thousand m
3
, attributed to the increase
in the number of reported properties.
In spite of the increase in total consumption, intensity of water
usage fell by 12.3%, due to the implementation of several
water efficiency initiatives during the year. This included the
adjustment of water flow rates in certain A-REIT properties.
Figure 11 summarises the total water consumption, intensity as
well as relative contribution by the various segments of A-REIT’s
Singapore portfolio. The relative contribution by each segment
has remained fairly consistent as compared to the previous
reporting year.
Energy Consumption (in millions kWh)
Energy Intensity (kWh/m
2
)
5
160
140
120
100
4
80
3
60
0
0
1
20
2
40
FY13/14
FY12/13
FY14/15
4.6
4.1
1.4
3.7
1.7
146.8
131.0
12.5
15.7
117.3
113.2
101.0
90.4
Indirect Energy Consumption in Beijing
Indirect Energy Consumption in Shanghai
Energy Intensity in Beijing
Energy Intensity in Shanghai
Carbon Emissions (in Tonnes CO
2
)
Carbon Intensity (kg CO
2
/m
2
)
50,000
26
22
24
25,000
30,000
35,000
40,000
45,000
20
20,000
18
15,000
16
0
10
5,000
12
10,000
14
FY13/14
FY12/13
FY14/15
IDAR Properties
Logistics & Distribution Centres
High-Specifications Industrial Properties
Light Industrial Properties & Flatted Factories
Business & Science Park Properties
Overall Carbon Intensity
35%
43%
43%
4%
4%
6%
46%
38%
35%
15%
15%
15%
1%
40,554
23.0
24.4
21.6
45,937
49,215
Carbon Emissions (in Tonnes CO
2
)
Carbon Intensity (kg CO
2
/m
2
)
4,000
140
120
100
3,500
80
3,000
60
0
0
500
20
2,500
2,000
1,500
1,000
40
FY13/14
FY12/13
FY14/15
3,554
3,177
1,056
2,846
1,320
Carbon Emissions in Beijing
Carbon Emissions in Shanghai
Carbon Intensity in Beijing
Carbon Intensity in Shanghai
9.7
12.1
4 Emission factors used are the national averages for CO
2
Emissions per kWh from the “International Energy Agency: CO
2
Emissions from Fuel Combustion
Highlights: 2013”.
ASCENDAS REAL ESTATE INVESTMENT TRUST ANNUAL REPORT 2014/15
