We recognise climate action is central to building a resilient real estate portfolio. It drives long-term value by informing strategic decisions, navigating rising energy costs, tighter regulations, and increasing investor demand. We adopt a data-driven approach to progress towards achieving net-zero emissions across Scopes 1, 2 and 3 by 2050.

Inclusive and connected communities are essential to social and economic well-being. We aim to improve capabilities and create environments that encourage interaction, reduce isolation and foster a sense of belonging among diverse stakeholders. Through our policies, stakeholder engagement and real estate expertise, we seek to strengthen social cohesion and contribute to the vibrancy of the communities we invest and operate in.

As a listed entity on the SGX-ST, we adhere to the principles of the Singapore Code of Corporate Governance, recognising that strong governance is essential for enhancing organisational effectiveness and resilience, building stakeholder trust and supporting high quality decision-making. 

Effective resource management includes energy efficiency, water conservation and waste minimisation through closed-loop systems, delivering long-term value by reducing environmental impact and enhancing business performance. We optimise energy use across our assets. 

We recognise that enabling opportunity for human capital development is essential to delivering social and economic value. As part of our Social Value strategy, we nurture the potential of our people and the communities we serve by creating pathways for development, learning and meaningful participation.  

We engage our supply chain on ESG considerations to manage business risk, reduce environmental impacts and enhance the resilience of our supplier network. Our Group Responsible Sourcing Policy applies to our supply chain management practices, including supplier screening, assessment and capacity building.

The real estate sector intersects with nature in many ways – from raw materials used in the supply chain, to development and design decisions, as well as biodiversity on operating properties. Since we introduced biodiversity as a material focus area in 2018, nature has been increasingly integrated into the design and operation of our properties, for instance through biophilic and climate-resilient design, green space allocation and integrated water management practices. As a TNFD adopter, we are incrementally aligning with the TNFD standards to disclose our nature-related impacts, dependencies, risks and opportunities.

We consider well-being to include factors such as physical safety, physical health, as well as mental and emotional well-being. We engage stakeholders, strengthen partnerships and apply our real estate expertise – including but not limited to policies, alignment with standards and best practices, design, development, asset management and placemaking – to safeguard and promote holistic well-being.

We adopt a multi-faceted approach to responsible investment by securing green and sustainable financing and integrating ESG considerations into our asset management and investment decision-making processes. We also  embed climate resilience into our portfolio by attaining green building certifications.