Complete Property Market Updates of Singapore

August 7, 2008

CapitaLand, Grand Hyatt win green awards

Filed under: Developer News,General — Propertymarketupdates @ 3:26 am

CAPITALAND won the Singapore Environmental Achievement Award while Grand Hyatt took home a merit prize at the second Singapore Green Summit yesterday.

The Summit, said to be the ‘Oscars for the environment’, is organised by the Singapore Environment Council. The award recognises overall environmental and social responsibilities in an organisation and is the most prestigious green gong in Singapore.

This year saw a new category which recognises SMEs that have gone green.

Richard Hale, a board director at CapitaLand, said that it was not enough for companies to be ‘an acceptably pale, commercial green’. He said that his company’s winning of the award validated its efforts, including its comprehensive green strategy, energy saving efforts and outreach programmes.

John Beveridge, manager of the Grand Hyatt Singapore, said that the award ‘will act as a motivator to help us focus on making even more of a positive impact on the environment’. The hotel was lauded for a $3.5 million efficient cooling system and its efforts to reduce energy consumption.

Marc-Plan, an offshore and shipbuilding company, got the inaugural Efficiently Developing Growing Enterprise (Edge) award. The offshore and shipbuilding company was praised for its waste-cutting and energy efficiency strategies.

The SEC-Senoko Power Green Innovation Awards was won by Microwave Packaging, which designs food containers. Senoko Power was the main sponsor of the event.

The second Singapore Green Summit was meant to bring all environmental awards under one roof. But differences over timing and a re-alignment of its corporate objectives meant that last year’s partner, the Association of Chartered Certified Accountants, went it alone this year and presented its part of the awards on environmental and social reporting at a conference last week.

The guest of honour at yesterday’s ceremony was Minister for National Development Mah Bow Tan.

Source : Business Times – 12 Jun 2008


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