Potential offtaker

Capella Hotel Group Pte. Ltd.

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Capella Hotel Group Pte. Ltd. is a Singapore-based luxury hotel and resort management company that operates in the Hotel & Motel (excl Casino Hotel) sector. The company was founded in 2002 and has since established itself as a leading player in the hospitality industry, with a portfolio of upscale properties in some of the world's most sought-after destinations.

Capella Hotel Group's mission is to provide guests with exceptional experiences that are both luxurious and sustainable. The company is committed to decarbonisation and reducing its carbon footprint through a range of initiatives, including the use of renewable energy and the implementation of energy-efficient technologies.

One of the key ways that Capella Hotel Group is working towards decarbonisation is through the use of corporate power purchase agreements (PPAs). A corporate PPA is a long-term contract between a company and a renewable energy provider, which guarantees the purchase of a certain amount of renewable energy over a set period of time. By entering into these agreements, Capella Hotel Group is able to reduce its reliance on fossil fuels and support the growth of renewable energy.

In 2020, Capella Hotel Group signed a corporate PPA with Sunseap Group, a leading provider of renewable energy solutions in Singapore. Under the agreement, Capella Hotel Group will purchase 1.5 megawatts of solar power from Sunseap, which will be used to power its properties in Singapore. This is expected to reduce the company's carbon emissions by over 1,300 tonnes per year.

In addition to its corporate PPA, Capella Hotel Group is also investing in other renewable energy technologies, such as solar panels and energy-efficient lighting systems. The company has installed solar panels at several of its properties, including Capella Ubud in Bali and Capella Shanghai in China. These panels are used to generate electricity for the hotels, reducing their reliance on grid power and lowering their carbon footprint.

Capella Hotel Group is also implementing energy-efficient technologies throughout its properties, such as LED lighting and smart building systems. These technologies are designed to reduce energy consumption and improve the overall sustainability of the hotels. For example, the company's flagship property, Capella Singapore, has implemented a range of energy-saving measures, including the use of LED lighting, motion sensors, and energy-efficient air conditioning systems. These measures have helped the hotel to reduce its energy consumption by over 20% since 2010.

In addition to its focus on decarbonisation and renewable energy, Capella Hotel Group is also committed to corporate social responsibility (CSR) and giving back to the communities in which it operates. The company has established a range of CSR initiatives, including partnerships with local charities and non-profit organizations, as well as programs to support local artisans and promote cultural heritage.

For example, at Capella Ubud in Bali, the company has partnered with a local non-profit organization to provide education and vocational training to disadvantaged youth in the area. The hotel also supports local artisans by showcasing their work in the hotel's public spaces and offering guests the opportunity to purchase their products.

Overall, Capella Hotel Group Pte. Ltd. is a leading player in the luxury hospitality industry, with a strong focus on sustainability, decarbonisation, and corporate social responsibility. Through its use of renewable energy, energy-efficient technologies, and corporate PPA agreements, the company is working towards a more sustainable future for the hospitality industry and the planet as a whole.

✓ Science Based Targets member
✓ Declared Net Zero commitment