CapitaLand unveils S$50 million innovation fund and crowns winners of first CapitaLand Sustainability X Challenge | Press Releases | Asia

The CapitaLand Innovation Fund with a S$50 million commitment over five years is another of the Group’s efforts to encourage more innovation in the built environment space with a strong focus on sustainability.  In October 2020, CapitaLand opened the Smart Urban Co-Innovation Lab at the Singapore Science Park in partnership with the Infocomm Media Development Authority and Enterprise Singapore, with sustainability as one of its focus areas.  CapitaLand will also redeploy interest rate savings from its sustainability-linked loans towards the Group’s sustainability initiatives.  

The CSXC is a part of CapitaLand’s 2030 Sustainability Master Plan which details the Group’s sustainability strategies and goals over the next 10 years.  For more information on the CSXC and CapitaLand’s 2030 Sustainability Master Plan, please visit: and

About CapitaLand Limited

CapitaLand Limited (CapitaLand) is one of Asia’s largest diversified real estate groups. Headquartered and listed in Singapore, it owns and manages a global portfolio worth about S$137.7 billion as at 31 March 2021. CapitaLand’s portfolio spans across diversified real estate classes which includes commercial, retail; business park, industrial and logistics; integrated development, urban development; as well as lodging and residential. With a presence across more than 240 cities in over 30 countries, the Group focuses on Singapore and China as its core markets, while it continues to expand in markets such as India, Vietnam, Australia, Europe and the USA.

CapitaLand has one of the largest real estate investment management businesses globally. It manages six listed real estate investment trusts (REITs) and business trusts as well as over 20 private funds. CapitaLand launched Singapore’s first REIT in 2002 and today, its stable of REITs and business trusts comprises CapitaLand Integrated Commercial Trust, Ascendas Real Estate Investment Trust, Ascott Residence Trust, CapitaLand China Trust, Ascendas India Trust and CapitaLand Malaysia Mall Trust. CapitaLand places sustainability at the core of what it does. As a responsible real estate company, CapitaLand contributes to the environmental and social well-being of the communities where it operates, as it delivers long-term economic value to its stakeholders.

[1] For more information on the winners and finalists, please see Annex A
[2] Ecosperity Week will take place from 28-30 September 2021 in Singapore
[3] For the full list of judges, mentors, coaches, plenary speakers and partners, see Annex B

For more information, please contact:
Analyst contact: Grace Chen, Head, Investor Relations, Tel: +65 713 2883, Email:
Media contact: Joan Tan, Vice President, Group Communications, Tel: +65 713 2864, Email:

Annex A – The winners and finalists of the CapitaLand Sustainability X Challenge [4]


High Impact Award

INOVUES adaptive glazing shield – Revitalising windows for better building by INOVUES, INC – INOVUES has developed an innovative solution to upgrade building facades and windows with the latest energy-saving and smart glass technologies without replacement or reglazing.  The product can reduce noise and heat gain inside a building by up to 10 times.  This increases the comfort of building occupants and reduces the energy consumption required to cool the environment by up to 40% without compromising luminosity indoors.  It is a non-invasive and non-disruptive retrofit solution that can be easily installed externally or internally without removing, replacing, drilling, or alterations, saving time and reducing the cost of upgrading the windows and glass facades of existing buildings by up to 10 times.  INOVUES is based in the United States of America.  

Most Innovative Award

ClimaControl Quantum Resonance Water (QRW) – Revolution in cooling tower water treatment by Climatec Corp Pte Ltd – ClimaControl QRW is a novel and unique solution that treats water used in cooling towers without the use of chemicals or power.  The water can be recycled for other uses in the building such as plant irrigation or toilet flushing.  ClimaControl QRW utilises the principle of micro-molecular water and photon vibration frequency technology created through strong magnetic fields and ceramic-based composites to treat the water.  ClimaControl QRW is able to reduce blowdown water from 60% to over 90% and reduce associated downstream chiller system energy consumption from 1% to over 5%.  Climatec is based in Singapore.


Blue Green World – Powered by 100% green energy by g-EN Pte Ltd – Making its global debut at CSXC, the CooGenTM is a self-powered cold hydraulic generator that can generate clean energy affordably for buildings, using ambient heat or waste heat of minimally 25 degrees Celsius which is abundant.  The cold air from the exhaust can also be used to cool buildings.  Similar to a standalone power generator, the CooGenTM is also highly portable.  g-EN is based in Singapore.

Glassfiber Reinforced Polyurethane (GRPU) curtain wall – The future of green building by Taichu Guocai Materials Co, Ltd – The Glassfiber Reinforced Polyurethane (GRPU) curtain wall is an innovative substitute to conventional aluminium curtain walls.  It offers improved thermal insulation – reducing energy consumption used to heat or cool the building by up to 25%, is five times stronger and is also more heat and wind resistant.  The GRPU material also has around 10 times less embodied carbon emissions compared to aluminium, making the building construction process more sustainable.  A curtain wall system is non-structural and is installed on the building’s facade to keep out natural elements like heat, rain and wind.  Taichu Guocai is based in China.

TrashBot – Sorting waste with artificial intelligence and robotics by CleanRobotics Inc. – Making its debut in Singapore, TrashBot is a smart waste bin which uses artificial intelligence, robotics and multiple sensors to sort waste with around 90% accuracy, promoting more efficient recycling or disposal.  TrashBot is also able to record data on the type of waste collected and alert building operators when the bin is full.  CleanRobotics is based in the United States of America.

LumenAire – We make the air you breathe healthy and safe by ARID Builders Pte Ltd – The LumenAire UV Air Disinfection Solution is a shielded air purification device with a high-efficiency particulate absorbing (HEPA) filter and Ultraviolet Germicidal Irradiation (UVGI) technology.  It could not only sanitise the air but also reduce virus survivability by over 99% within seconds, eliminating airborne pathogens to create a safer and healthier environment indoors.  ARID Builders is based in Singapore.

 Annex B – The judging panel, mentors, coaches, plenary speakers and partners of the CapitaLand Sustainability X Challenge


Lead Partner

Strategic Partners

Selection Panel Partners

1.    Temasek

  2.   Access Cities
  3.    Bain & Company
  4.    HSBC
  5.    Luminaries Lab
  6.    Pan-United
  7.    Planet Rise
  8.    Rocky Mountain   Institute
  9.    Taronga Ventures
 10.  Thin Line Capital
 11.  Wavemaker Partne



 12.  ASEAN Federation of Engineering Organisations
 13.  Building and Construction Authority (BCA)
 14.  Institution of Engineers, Singapore (IES)
 15.  Mott MacDonald
 16.  National Environment Agency (NEA)
 17.  Tsinghua x-lab

 Outreach Partners

 18.  Accelerating Growth of New India’s Innovations (AGNIi)
 19.  Anthill ​Ventures
 20.  APAC Startup Ecosystem Community (ASEC)
 21.  Asian Venture Philanthropy Network (AVPN)
 22.  Bridge+
 23.  CEMEX Ventures
 24.  Centre of Liveable Cities (CLC)
 25.  Circular Cities Asia
 26.  Circular Economy Club (CEC) ​Singapore
 27.  ClimateLaunchpad
 28.  EcoLabs Centre of Innovation for Energy
 29.  ENGIE Factory
 30.  Enterprise Singapore
 31.  German Entrepreneurship Asia
 32.  Global Compact Network Singapore
 33.  Global Green Connect
 34.  Global Urban Village
 35.  Golden Gate Ventures
 36.  GoMassive ​Earth Network
 37.  Impact Hub 
 38.  InnoSpace
 39.  IPI ​Singapore
 40.  Japan External Trade Organization (JETRO)
 41.  LEVEL3
 42.  New Energy Nexus
 43.  Nordic Innovation House, Singapore
 44.  Padang & Co
 45.  Reneum Institute
 46.  SGInnovate
 47.  Singapore Green Building Council (SGBC)
 48.  Solar Impulse Foundation
 49.  Startup India
 50.  Tech For Impact
 51.  TechNode Global
 52.  The Royal Danish Embassy in Singapore
 53.  The Work Project
 54.  United Kingdom Department for International Trade

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