
Achieve net-zero carbon across Scopes 1, 2 and 3 by 2050.
We adopt a science-based approach and leverage partnerships to manage emissions across our operations and value chain.

Install 215 MW of renewable energy capacity on our properties by 2030.
Having installed over 32 MW of solar PV to date, we expect to scale up solar PV adoption, particularly across our industrial and residential footprint.

Deploy Group-wide climate risk analytics platform to identify, assess and manage climate-related risks by FY24.
We completed a Group Climate Value at Risk analysis and are developing a platform to continuously manage risks and enhance climate adaptation and mitigation plans.

Have 100% by GFA of new development projects, and 85% of our owned and asset-managed properties, be either green-certified or pursuing green certification by 2030.
We strive to meet green certification requirements for our developments, benefiting our business and contributing to sustainable outcomes.

Engage 75% of our suppliers by spend on our Responsible Sourcing Policy by FY25.
We aim to expand engagement with our suppliers, strengthening ESG awareness through our policies and initiatives such as our e-learning programme.

Develop a framework to assess and prioritise biodiversity risks and opportunities by FY25.
We aim to lay the foundations for a roadmap to effectively manage biodiversity and our impacts.
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, having attained 4.3% Y-o-Y decrease in Scopes 1, 2 and 3 (category 13) location-based emissions from FY24.
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.
Since biodiversity was introduced 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 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. In FY25, we created over 70 community initiatives, contributing over 3,600 volunteering hours in total.
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 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.
As part of 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.
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.
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. In FY25, over $500 million of sustainable financing was raised, accounting for 45% of total borrowings.
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