The Ascott Limited (Ascott), a lodging business unit wholly owned by CapitaLand Investment, has unveiled the Somerset Sustainability Passport Programme to engage guests in a series of eco-friendly activities, wellness programmes and community
The Ascott Limited (Ascott), a lodging business unit wholly owned by CapitaLand Investment, has unveiled the Somerset Sustainability Passport Programme to engage guests in a series of eco-friendly activities, wellness programmes and community initiatives at Somerset properties globally. The programme is launched in support of Ascott’s sustainability goals in Ascott CARES[1], which celebrates its first anniversary this November. Ascott is committed to not just delivering on responsible travel as a hospitality company, but also acknowledging the pivotal role that guests can play. Exemplified through the Somerset brand, which champions inclusivity and sustainability, the launch of the Somerset Sustainability Passport Programme is part of a wider commitment at Ascott to embark on a collaborative journey together with all its stakeholders.
Ascott Residence Trust (ART) has obtained a S$50 million five year green loan from DBS Bank Ltd (DBS), making ART the first hospitality trust in Singapore to secure a green loan. Proceeds from the green loan will be used to finance ART s maiden development project and coliving property, lyf one-north Singapore.