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CapitaLand Investment Further Increases Focus on Reducing Scope 3 Carbon Emissions as Part of its Decarbonisation Journey

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CLI continues to intensify efforts to reduce Scope 1 and 2 emissions through on-ground actions and innovation 

SINGAPORE, June 15, 2024 /PRNewswire/ — CapitaLand Investment Limited (CLI) has incorporated three new Scope 3 categories deemed material to its operations – Purchased goods and operations, Fuel- and energy-related activities, and Upstream transportation and distribution – and expanded the scope of the Capital goods category following the latest review of its full inventory of Scope 3 emissions, emissions hotspots and key decarbonisation levers across its value chain, as detailed in its 15th Global Sustainability Report. CLI also bolstered its reporting in existing categories, such as tenant consumption, enabling improved initiatives with tenants and the supply chains. The widened scope reaffirms CLI’s commitment to action on its sustainability targets and a focused execution progress charted by its 2030 Sustainability Master Plan (SMP).

Mr Vinamra Srivastava, CLI’s Chief Sustainability and Sustainable Investments Officer, said: “Tightening our focus on Scope 3 emissions is crucial because they account for the majority of CLI’s total greenhouse gas emissions. With tenant emissions being the largest contributor to Scope 3, we are pleased that we have increased green leases with tenants in China and Singapore to 57% as at end Dec 2023 from 43% a year ago, and we’ll continue to do so globally.  We are stepping up collaboration with tenants and working to strengthen our supply chain management through various initiatives such as piloting sustainable building innovations crowdsourced from our global CapitaLand Sustainability X Challenge (CSXC) and deploying a series of environmental, social and governance (ESG)-related capability-building programmes for selected critical suppliers in a third-party due diligence ESG check we commissioned.  In 2023, upon completion of the programme, these supply chain vendors achieved an improved ESG score.  Our continuous focus on sustainability through on-the-ground actions and reporting addresses our vision of being the preferred global real asset manager creating sustainable positive impact.”

Intensified efforts to reduce Scope 1 and 2 emissions

In addition to expanding its Scope 3 emissions disclosures, the report highlights its progress in reducing its Scope 1 and 2 emissions intensity and managing climate-related risks as it strives towards its Net Zero targets.  It expanded its renewable energy deployment by commissioning its first captive 21-megawatt solar power plant in Tamil Nadu, India, to power its assets there.  The expanded use of green energy to 44 properties in Singapore, China, India, Australia, Belgium, Germany, India, Japan, Indonesia and the United Kingdom, as well as ten business parks in India, also mitigated a total of 41,000 tonnes of carbon emissions, equivalent to the annual emissions of over 8,900 petrol-powered cars. CLI will continue to scale up its renewable procurement efforts, further advancing its transition to clean energy sources and reducing the carbon footprint of its assets.

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Through asset enhancement initiatives (AEIs), CLI achieved a 13.4% energy intensity reduction against 2019 despite a growing portfolio.  With 60% of buildings in its global portfolio attaining green ratings in 2023, CLI targets to achieve 100% certification by 2030.  Furthermore, 46% of CLI’s properties were certified LEED Gold and above or equivalent.

Earlier this year, CLI also published its first Climate Resilience Report based on the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD). The report incorporates a climate scenario analysis of 480 properties across 20 countries and various asset classes, emphasising CLI’s recognition and transparency regarding the urgency of climate action.

Innovation as a key lever in the decarbonisation journey

In 2023, CLI partnered with tenants for the first time to testbed innovations from its CSXC at their premises.  CSXC has seen more pilots focusing on reducing energy and water consumption.  Ten shortlisted innovations from CSXC 2023 are being piloted in four countries, bringing the total tally to 30 innovations across seven countries since 2021.  Initiatives such as the CSXC and the CapitaLand Innovation Fund (CIF) demonstrate how innovation and sustainability partnerships play a key role in CLI’s decarbonisation journey.

Leadership in fund management and sustainable finance

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As CLI pivots towards global real asset management, it is committed to integrating ESG considerations into every stage of its fund management lifecycle.  Guided by the 2030 SMP, CLI develops customised ESG strategies that ensure funds adhere to the highest standards of responsible investing—from fund product development to capital raising, investments, asset management and exits. CLI conducts a comprehensive Environment, Health, and Safety (EHS) Impact Assessment for every new investment to ensure sufficient capital expenditure is allocated to the identified asset to attain the desired ESG outcomes.

CLI aims to be a leader in sustainable finance, which is made possible through valued strategic partnerships with financial partners.  In 2023, CLI and its listed real estate investment trusts (REITs) and business trusts secured S$4.5 billion in sustainable finance, bringing the total to S$16.1 billion since 2018.  Interest savings from sustainability-linked loans were channelled back into decarbonisation investments.

CLI’s carbon mitigation efforts recognised by leading global indices

Through strategic initiatives aimed at reducing its carbon footprint across its operations, implementing innovative solutions, and embracing renewable energy sources, CLI has significantly mitigated its environmental impact while enhancing operational efficiency.  These proactive measures, alongside efforts taken to publish robust reports detailing actions and findings, have earned CapitaLand recognition in prestigious global sustainability indices such as the Dow Jones Sustainability World Index for the 12th year and achieved a five-star rating from GRESB Real Estate Assessment for eight years. Such inclusion underscores CLI’s dedication to environmental stewardship and reinforces its position as a frontrunner in the sustainable real asset management sector.

About CapitaLand Investment Limited (www.capitalandinvest.com)

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Headquartered and listed in Singapore, CapitaLand Investment Limited (CLI) is a leading global real asset manager with a strong Asia foothold. As at 31 March 2024, CLI had S$134 billion of assets under management as well as S$100 billion of funds under management (FUM) held via six listed real estate investment trusts and business trusts, and more than 30 private vehicles across Asia Pacific, Europe and USA.  Its diversified real estate asset classes cover retail, office, lodging, business parks, industrial, logistics, self-storage and data centres.

CLI aims to scale its FUM and fee-related earnings through fund management, lodging management and commercial management, and maintain effective capital management. As the investment management arm of CapitaLand Group, CLI has access to the development capabilities of and pipeline investment opportunities from CapitaLand’s development arm. 

As a responsible company, CLI places sustainability at the core of what it does and has committed to achieve Net Zero carbon emissions for Scope 1 and 2 by 2050.  CLI contributes to the environmental and social well-being of the communities where it operates, as it delivers long-term economic value to its stakeholders.

Follow @CapitaLand on social media

Facebook: @capitaland / facebook.com/capitaland
Instagram: @capitaland / instagram.com/capitaland
Twitter: @capitaLand / twitter.com/capitaland
LinkedIn: linkedin.com/company/capitaland-limited
YouTube: youtube.com/capitaland  

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Issued by:      CapitaLand Investment Limited (Co.  Regn.: 200308451M)

Important Notice

This announcement and the information contained herein does not constitute and is not intended to constitute an offering of any investment product to, or solicitation of, investors in any jurisdiction where such offering or solicitation would not be permitted.

Photo – https://mma.prnewswire.com/media/2438874/CapitaSky_Singapore.jpg

Logo – https://mma.prnewswire.com/media/2359216/CapitaLand_Investment_HD_Logo.jpg

 

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Cision View original content:https://www.prnewswire.co.uk/news-releases/capitaland-investment-further-increases-focus-on-reducing-scope-3-carbon-emissions-as-part-of-its-decarbonisation-journey-302173603.html

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ComplyCube, Signicat add features to strengthen fintech AML capabilities

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The financial technology sector is experiencing a surge of strategic collaborations and innovative solutions to enhance security and compliance.

From strengthening know your customer (KYC) and anti-money laundering (AML) processes to introducing advanced biometric identification features, companies are making significant strides to safeguard their operations and customer transactions. ComplyCube and Signicat have each added capabilities to benefit regulated businesses, while Identomat has announced two new clients, and iDenfy has revealed a customer win.

ComplyCube Adds Trust Center to KYC, AML Platform

ComplyCube has launched a Trust Center to enhance its identity verification, KYC, and AML platform, helping clients navigate complex regulatory scenarios.

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The company highlights that compliance failures cost businesses over 2.7 times more than maintaining regulatory obligations, and those with robust compliance programs incur 30 percent lower costs for security incidents.

The new Trust Center features a real-time compliance dashboard and a resource hub with documents, certification information, and regulatory guidelines. It also offers incident reporting and tracking.

“Clients and partners can find answers to many data protection questions, view active controls, and request documents for due diligence,” says ComplyCube Business & Partnerships Manager Joshua Dent. “It’s great to see this platform live following our recent certifications, such as UK DIATF, ISO 9001, PAD Level 2 ISO 30107-3, and ISO 27001:2022 upgrade.”

Signicat Rolls Out Selfie Biometric Authentication

Signicat has introduced biometric facial authentication to its MobileID platform to enhance the security of mobile apps for financial and regulated service clients.

Signicat’s Face Authentication includes a 3D liveness check and face match, effectively protecting against fraud involving photos, deepfake videos, and other spoofs.

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Identity fraud driven by AI is a growing threat, accounting for over 42 percent of total attacks, according to a recent Signicat report.

“As fraud tactics evolve, so must our solutions,” says Simone Andersson, Signicat Product Manager for Mobile Identity. “This new feature is a testament to our dedication to staying ahead of the curve and ensuring our clients can operate securely in the digital landscape. Our MobileID solution is PSD2 compliant and meets all requirements from regulated sectors.”

NovaPay and WARD Ops Select Identomat

NovaPay, a provider of online and offline financial services in Ukraine, has partnered with Identomat to improve its KYC and AML processes. This collaboration aims to bolster NovaPay’s ability to offer secure and efficient financial services.

Identomat’s AI-powered technology supports remote identity verification, ensuring compliance with regulatory requirements in over 200 countries and mitigating financial transaction risks. In just six months, NovaPay and Identomat have already served nearly a quarter of a million customers.

David Lomiashvili, CEO of Identomat, expressed enthusiasm about the partnership, highlighting the company’s commitment to optimizing identity verification processes. Identomat has passed several security and compliance evaluations, including iBeta level 2, ISO/IEC 30107-3, and ISO/IEC 27001. Together, NovaPay and Identomat aim to set new standards in customer verification and fraud prevention in Ukraine’s financial industry.

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WARD Ops, an IT outsourcing provider, has also announced a strategic partnership with Identomat to enhance digital operations. WARD Ops offers services such as monitoring, incident management, QA, robotic process automation, software implementation, and integrations.

Identomat provides AI-driven identity verification and KYC solutions to support secure and compliant operations. The partnership aims to enhance security protocols and deliver integrated solutions, representing a significant step forward in providing businesses with a seamless, secure, and efficient operational environment.

iDenfy Chosen by Watchdreamer for Enhanced Security

Watchdreamer, a watch e-commerce marketplace in Switzerland, has selected Lithuania-based iDenfy to enhance its customer verification processes. iDenfy’s KYC software will ensure the authenticity of Watchdreamer’s customers, streamlining the user registration process and providing a secure purchasing experience.

The partnership addresses the challenges of fraud and money laundering in the luxury watch market. iDenfy’s advanced biometric and facial recognition algorithms will help verify the identity of users, ensuring compliance with legal requirements and increasing transparency.

Ronan Pensivy, COO of Watchdreamer, emphasizes the importance of compliance and providing an exceptional client experience. Domantas Ciulde, CEO of iDenfy, highlights the collaboration’s goal of delivering a secure and efficient online shopping journey for Watchdreamer’s customers.

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Source: biometricupdate.com

The post ComplyCube, Signicat add features to strengthen fintech AML capabilities appeared first on HIPTHER Alerts.

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FP Markets Adds Two More Industry Benchmark Awards to Its Collection

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SYDNEY, June 21, 2024 /PRNewswire/ — Extending its winning streak, global multi-asset Forex and CFD broker, FP Markets, was crowned ‘Most Transparent Broker’ and also took home ‘Best Trading Conditions’ for the second year in a row at the highly anticipated Global Ultimate Fintech (UF) Awards 2024. Following last year’s ‘Most Trusted Broker’ acknowledgement and the ‘Best Trade Execution’ award received in 2022, the FP Markets trophy cabinet now includes five esteemed Global UF Awards. 

 

Established to honour the most outstanding B2C and B2B brands in the online trading and fintech domain and provide traders and businesses with an industry benchmark, the UF Awards are widely considered as one of the sector’s most sought-after prizes. Claiming two accolades this year marks another significant milestone in FP Markets’ 19-year history, especially since the UF Awards are directly determined by the votes of industry professionals, fintech enthusiasts, and online traders.

Invited on stage to receive the award, FP Markets CEO Craig Allison expressed his gratitude and commented: ‘The two UF Awards we’ve won tonight are the embodiment of what we strive to achieve as a company on a daily basis: deliver a superior trading destination for traders while at the same time uphold our core values of integrity, transparency and innovation and we continue to find ways to provide the best possible trading conditions’.

The awards ceremony took place at the exclusive Columbia Beach venue in Limassol, Cyprus, as part of the closing party of the 13th iFX EXPO International. With a record-breaking attendance of over 4,000 visitors from 120 countries and 1,400 companies, the iFX EXPO International – one of the flagship gatherings for the trading industry – brought together executives from the world’s top financial brands, fintech innovators and other stakeholders.  Earlier in the week,  FP Markets Global Head of Marketing, Andria Phiniefs was a guest on the panel at the iFX Expo’s Idea’s Hub ‘Marketing Beyond the Transaction: Building a Trusted Trading Brand’ speaking about the significance of ‘brand trust and reputation’ as the most important drivers behind the broker’s growth strategy.

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Notes to Editors

About FP Markets:

  • FP Markets is a Multi-Regulated Forex and CFDs Broker with over 19 years of industry experience.
  • The company offers highly competitive interbank Forex spreads starting from 0.0 pips.
  • Traders can choose from the leading powerful online trading platforms, including FP Markets’ Mobile App, MetaTrader 4, MetaTrader 5, WebTrader, cTrader, Iress and TradingView.
  • The company’s outstanding 24/7 multilingual customer service has been recognised by Investment Trends and awarded ‘The Highest Overall Client Satisfaction Award’ over five consecutive years.
  • FP Markets was awarded ‘Best Global Forex Value Broker’ for five consecutive years (2019, 2020, 2021, 2022, 2023) at the Global Forex Awards.
  • FP Markets was awarded the ‘Best Forex Broker – Europe‘ and the ‘Best Forex Partners Programme – Asia‘ at the Global Forex Awards 2022 and 2023.
  • FP Markets was awarded ‘Best Trade Execution’, and ‘Most Trusted Broker’ and ‘Best Trade Execution’ at the Ultimate Fintech Awards 2022 and 2023.
  • FP Markets was crowned ‘Best CFD Broker in Africa‘ at FAME Awards 2023.
  • FP Markets was awarded ‘Best Trade Execution’ and ‘Most Transparent Broker’ at the Ultimate Fintech Awards APAC 2023.
  • FP Markets regulatory presence includes the Australian Securities and Investments Commission (ASIC) Financial Sector Conduct Authority (FSCA) of South Africa, the Financial Services Commission (FSC) of Mauritius, the Cyprus Securities and Exchange Commission (CySEC), the Securities Commission of the Bahamas (SCB) and the Capital Markets Authority (CMA) of Kenya.
  • FP Markets was awarded the Best Price Execution Award at the Brokersview Awards 2024 Singapore.
  • FP Markets was awarded the ‘Best Trading Experience – Africa‘ at FAME Awards 2024.

For more information on FP Markets’ comprehensive range of products and services, visit https://www.fpmarkets.com/

Photo: https://mma.prnewswire.com/media/2445245/GLOBAL_UF_AWARDS.jpg
Logo: https://mma.prnewswire.com/media/1574261/4776402/FP_Markets_Logo.jpg

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New Amsterdam Invest N.V. annual general meeting results: interim dividend approved

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AMSTERDAM, June 21, 2024 /PRNewswire/ — New Amsterdam Invest N.V. (the “Company”, or “New Amsterdam Invest”, or “NAI”), listed on Euronext Amsterdam, announces that at its annual general meeting of shareholders, held today at Van der Valk Hotel Utrecht, the Netherlands (“AGM”), all resolutions were duly passed.

This means amongst others, that the proposed interim dividend payment has been approved; 99.90% of the NAI-shareholders voted in favor. The results of all other voting items are listed below.

Other resolutions passed at the AGM

The AGM adopted the following items including the votes cast.

As at the AGM, in total 5,315,355 votes could be validly cast. The total number of shares for which valid votes were cast at the AGM amounted to 1,965,966 being 37% of the issued and outstanding share capital of NAI.

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In accordance with section 2:120 paragraph 5 of the Dutch Civil Code, the outcome of the voting on the proposals discussed at the AGM is as follows:

 

Agenda item

For

%

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Against

%

Abstain

%

5

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Adoption of annual
accounts NAI for FY 2023

1,945,966

99.49

0

0.00

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10,000

0.51

6

Advisory vote on the
remuneration report of FY
2023

1,860,966

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94.66

0

0.00

105,000

5.34

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7

Discharge of each of the
members of the
Management Board
 

i.  Aren van Dam

 

ii.  Arie Johannes Maarten
     van Dam

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iii.  Cornelis Maartinus
     Verkade

 

iv.  Elisha Sjemtov Evers

 

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  i. 1,953,966

 

 

ii.1,893,966

 

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iii. 1,878,966

 


iv. 1,918,966

 99.39

 

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97.33

 

96.56

 

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97.61

 2,000

 

 

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42,000

 

42,000

 

 

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2,000

 0.10

 

 

2.16

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2.16

 

 

0.10

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 10,000

 

 

10,000

 

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25,000

 

 

45,000

 0.51

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0.51

 

1.28

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2.29

8

Discharge of each of the 
members of the
Supervisory Board

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 i.  Jan Louis Burggraaf

 

ii.  Paulus Johannes
     Steman

iii.  Elbert Dijkgraaf

 

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i. 1,918,966

 

ii. 1,928,966

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iii. 1,938,966

 

 

 

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98.61

 

98.12

 

98.63

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 2,000

 

2,000

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2,000

 

 

 0.10

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0.10

 

0.10

 

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 25,000

 

35,000

 

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25,000

 

 

 1.28

 

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1.78

 

1.27

9

Authorisation of the Board
of Directors to acquire fully
paid-up ordinary shares or
depositary receipt for
shares in NAI’s own
capital.

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1,930,966

98.22

0

0.00

35,000

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1.78

10

Designation of the Board of
Directors as the body
authorized to issue
ordinary shares in the
capital of NAI

1,930,966

98.22

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0

0.00

35,000

1.78

11

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Designation of the Board of
Directors as the body
authorized to limit or
exclude the statutory pre-
emptive right upon the
issue of ordinary shares in
the capital of NAI

1,930,966

98.22

0

0.00

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35,000

1.78

12

Re-appointment of BDO
Audit & Assurance B.V. as
external independent
auditor for the year ending
31 December 2024

1,965,966

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100.0

0

0.00

0

0.00

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14

Interim dividend payment
for the financial year 2024
(2.25% in June 2024 and –
subject to (possible) future
prior approval of the
Supervisory Board –
2.25% in December 2024)

1,963,966

99.90

2,000

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0.10

0

0.00

 

 

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Financial Calendar 2024 

  • Approval interim dividend € 0,225 per ordinary share: 21 June
  • Ex-dividend: 25 June
  • Record date: 26 June
  • Payment date: 28 June 
  • Publication of unaudited Half Year Report 2024 NAI: 29 August

About New Amsterdam Invest 

New Amsterdam Invest N.V. is a commercial real estate company listed at Euronext Amsterdam with operating companies in the United States and the United Kingdom.

The main objective of New Amsterdam Invest is running commercial activities including the owning, (re-)developing, acquiring, divesting, maintaining, letting out and/or otherwise operating commercial real estate, all in the broadest possible meaning.

All information about New Amsterdam Invest, including its principles and objectives can be found on the company website: www.newamsterdaminvest.com

Disclaimer

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Elements of this press release contain or may contain information about New Amsterdam Invest N.V. within the meaning of Article 7(1) to (4) of the EU Market Abuse Regulation.

This press release may include statements, including NAI’s financial and operational medium-term objectives that are, or may be deemed to be, ”forward-looking statements”. These forward-looking statements may be identified by the use of forward-looking terminology, including the terms ”believes”, ”estimates”, ”plans”, ”projects”, ”anticipates”, ”expects”, ”intends”, ”may”, ”will” or ”should” or, in each case, their negative or other variations or comparable terminology, or by discussions of strategy, plans, objectives, goals, future events or intentions. Forward-looking statements may and often do differ materially from actual results. Any forward-looking statements reflect NAI’s current view with respect to future events and are subject to risks relating to future events and other risks, uncertainties and assumptions relating to NAI’s business, results of operations, financial position, liquidity, prospects, growth or strategies. Forward-looking statements speak only as of the date they are made.

 

View original content:https://www.prnewswire.co.uk/news-releases/new-amsterdam-invest-nv-annual-general-meeting-results-interim-dividend-approved-302179100.html

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