CapitaLand has set up a S$50 million CapitaLand Innovation Fund to support the testbedding of sustainability and other high-tech innovations in the built environment space as the Group steps up its sustainability drive. This was announced at the Grand Finale of the inaugural CapitaLand Sustainability X Challenge (CSXC) where the top two winners were crowned. The ‘High Impact Award’ went to INOVUES, INC, while the ‘Most Innovative Award’ went to Climatec Corp Pte Ltd. Both winners of the CSXC will receive S$50,000 each to fund their pilot projects with CapitaLand. Mr Lee Chee Koon, CapitaLand’s Group Chief Executive Officer said: “Innovation is key to CapitaLand’s business and culture as we seek to deliver sustainable value to our stakeholders. The CapitaLand Innovation Fund will enable us to catalyse more innovations, accelerate our global sustainability efforts and ensure that we remain at the forefront of technology in the built environment space." CapitaLand will continue to organise future editions of the CSXC to advocate sustainability innovation, encouraging more companies and innovators will continue to step forward to participate in future. For more information, visit: bit.ly/50FundCSXCFinFB #CapitaLand #CapitaLandSustainability #CapitaLandESG #Sustainability #ESG #Environment #Challenge #CSXC #Green #Innovation #Technology
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