Link: https://links.sgx.com/1.0.0/corporate-announcements/N1HOAPAQRZBCSXND/cd3e4f4783178e57a923812b7376776656fb148582e6c840a233d0e2b591e22d

Summary:

CapitaLand Ascendas REIT (CLAR) has published its Integrated Sustainability Report for the financial year ending 31 December 2024. This report details CLAR's Environmental, Social, and Governance (ESG) performance and outlines its commitment to sustainable growth.​

Key Highlights:

• Alignment with CapitaLand's 2030 Sustainability Master Plan (SMP): CLAR's sustainability initiatives are structured to support the objectives set forth in CapitaLand Investment's 2030 SMP, emphasizing environmental stewardship, social responsibility, and robust governance.​

• Environmental Initiatives:

  • Green Building Certifications: CLAR has continued to enhance its portfolio by securing green building certifications, reflecting its dedication to energy efficiency and sustainable building practices.​

  • Renewable Energy Adoption: The REIT has expanded its use of renewable energy sources across its properties, contributing to a reduction in carbon emissions.​

  • Electric Vehicle (EV) Charging Infrastructure: Installation of EV charging points has been increased, supporting the transition to low-carbon transportation options.​

• Social Responsibility:

  • Tenant and Community Engagement: CLAR has implemented programs aimed at engaging tenants and local communities, fostering awareness and participation in sustainability initiatives.

  • Employee Development: The organization has invested in training and development programs to equip employees with the skills necessary to advance sustainability objectives.​

• Governance and Risk Management:

  • Board Oversight: The Board of Directors maintains active oversight of sustainability strategies, ensuring integration with overall business objectives.​

  • Risk Management Framework: CLAR has a comprehensive risk management framework in place to identify and mitigate ESG-related risks, including those associated with climate change.

This Integrated Sustainability Report underscores CLAR's ongoing commitment to integrating sustainable practices into its operations and achieving long-term value for stakeholders.​

Note: All information is sourced from CapitaLand Ascendas REIT's Integrated Sustainability Report 2024