As part of the Capitaland Master Sustainability Plan, The Ascott is committed to reducing water and energy use over the next few years. There is an increasing need for the group to find solutions that can address the needs of the properties that Ascott operates globally. The properties range from Serviced Residences, Rental Housing, Hotels, Senior Living Estates and Student Accommodations.

Objectives:

To find a solution that will help Ascott-operated properties reduce water and/or energy usage.

Working Model:

If possible, a charging model based on a revenue share where the vendor takes a cut out of the savings made from the utility bill. Allowing properties to implement easily without incurring large upfront CAPEX.