SINGAPORE, 12 November 2026: The Ascott Limited (Ascott), a Singapore-headquartered global hospitality company wholly owned by CapitaLand Investment, has achieved Global Sustainable Tourism Council (GSTC) certification for half of its eligible property portfolio.
The milestone keeps Ascott, a long-standing GSTC-Committed member, on track to certify its entire eligible portfolio by 2028.
Ascott is the first hospitality company in the Philippines, Malaysia and Japan to have all its eligible properties GSTC-certified. It has also certified its full eligible portfolio in India, Laos, Europe and Australia. In Indonesia, Ascott expects to certify all eligible properties by the end of 2026. This would add more than 50 properties to its certified portfolio and bring its share of certified portfolio to over 65%.
GSTC certification requires properties to pass independent audits by GSTC-accredited certification bodies against global criteria covering sustainable management, community impact, cultural heritage and environmental stewardship.
Ascott’s sustainability efforts are guided by Ascott CARES, its global sustainability framework aligned with the GSTC Standards. Under this framework, Ascott launched the Ascott CarbonClear Initiative in 2024 to improve energy, water, waste and carbon performance across its properties, supporting its target of Net Zero (Scope 1 and 2) by 2050.
(Source: Ascott)
