Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced water consumption in four multi-tenanted malls to 164,893 m³ in FY2020, a significant decrease compared to the previous year despite a new acquisition.
• Implemented energy savings plans, including installing motion sensor lights and LED lights, resulting in a total energy consumption of 17,463 MWh across four malls.

Social Achievements

• 100% of employees received career development and performance reviews.
• Conducted various community engagement initiatives, including events for children, support for service personnel during COVID-19, and charity sales.

Governance Achievements

• Maintained compliance with all applicable laws and regulations; no significant compliance incidents reported.
• Implemented internal policies and conducted compliance training for all employees.

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic impacted operations and community engagement.
• Water stress levels in China.

Mitigation Strategies

• Implemented internal guidelines regarding workplace and customer health and safety, in line with nationwide regulations on safe distancing measures.
• Implemented practices to control and manage water wastage through initiatives such as utilizing water-efficient flushing cisterns, installing motion sensor water faucets and reducing the tap flow rate.

Supply Chain Management

Responsible Procurement

• All vendors, suppliers and third-party service providers are expected to comply with rules of business conduct and undergo due diligence checks and risk assessments.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards: Core option

UN Sustainable Development Goals

• Goal 3
• Goal 4
• Goal 6
• Goal 7
• Goal 8
• Goal 10

Initiatives align with SDGs through community outreach, employee training, water conservation, energy efficiency, local workforce empowerment, and equal opportunities.