Since 2022, Mapletree has been partnering with the U.S. Green Building Council (USGBC) to achieve large-scale Leadership in Energy and Environmental Design (LEED) certification for its logistics assets in China. In FY23/24, Mapletree was awarded the LEED Volume Prototype Gold Pre-certification, specifically designed for building owners with large portfolios of similar project design. In FY24/25, the Group initiated a pilot project, which was succeeded by batch projects using a streamlined review process.

To date, Mapletree has achieved over 350 LEED certifications, with more than 75% awarded the top two-tier ratings (Gold and Platinum). These certifications cover an area of over 6.6 million sqm and have resulted in 47% energy savings in LEED BD+C certified buildings. Notably, Mapletree China Logistics Investment Private Fund (MCLIP) has achieved a 100% certification for its entire operational assets.

In recognition of Mapletree’s effort in adopting of LEED Volume, the Group was presented a letter of recognition by Peter Templeton, CEO and President of USGBC and Green Business Certification Inc., during his visit to Mapletree’s Shanghai office in April 2024.

In alignment with LEED requirements, Mapletree has installed rooftop solar panels on more than 40 logistics portfolio in China to generate sufficient renewable electricity to achieve carbon neutrality for Scope 2 emissions (market-based) in FY24/25. This accomplishment marks a significant milestone in Mapletree’s journey towards net zero by 2050.

In April 2024, Mapletree was presented a letter of recognition for its efforts in adopting LEED Volume.