Climate Change Data

ESR Group Limited

Climate Impact & Sustainability Data (2022)

Reporting Period: 2022

Environmental Metrics

ESG Focus Areas

  • Human Centric
  • Property Portfolio
  • Corporate Performance
  • Supply Chain Management

Environmental Achievements

  • ~100 MW Rooftop solar power capacity across the enlarged Group
  • More than 314,000 GJ Rooftop solar power generated during the year
  • 39% of the Group’s portfolio of completed directly managed assets awarded sustainable building certifications and ratings, representing approximately 11 million sqm in GFA
  • 631 EV charging stations installed across our global portfolio of assets
  • Hydrogen JV with SK Plug Hyverse and Coupang Fulfilment Services to develop Mokcheon LP into South Korea’s first hydrogen powered facility

Social Achievements

  • ~45% Female representation at ESR
  • Zero ESR workforce fatalities
  • 60% Independent Non-executive Directors are women at Board level
  • Inclusion Revamped corporate core values as an enlarged Group to strengthen diversity, equity & inclusion in the workplace
  • Launched a series of comprehensive compliance online modules for all staff on topics relating to compliance, risk management and ESG
  • Implementing 2 days of volunteer leave for all employees of the Group to encourage volunteerism

Governance Achievements

  • Became a signatory to the United Nations-supported Principles for Responsible Investment (UN PRI) in June 2022
  • 37 Private funds and REITs participated in the 2022 GRESB Assessment with outstanding results
  • ESG Ratings MSCI “A” Sustainalytics “Low Risk”

Climate Goals & Targets

Long-term Goals:
  • Net Zero Carbon commitment

Environmental Challenges

  • Climate change and cybersecurity as emerging risks
  • Supply chain disruptions
Mitigation Strategies
  • Developed internal control processes and mechanisms and implemented action plans to proactively manage these risks to ensure business resilience
  • Incorporated ESG considerations as part of supply chain management in areas relating to sustainable procurement, operational resilience, and sustainability performance of suppliers
  • Suppliers are screened and assessed based on stringent criteria, facilitated by ComplianceDesktop® as part of our enhanced Counterparty Due Diligence Workflow
  • Developing a decarbonisation plan across the enlarged Group to drive further carbon reduction in the long-term

Supply Chain Management

Responsible Procurement
  • sustainable procurement

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI

Certifications: ISO 45001

UN Sustainable Development Goals

  • Goal 3
  • Goal 8
  • Goal 5
  • Goal 9
  • Goal 7
  • Goal 13

Our vision for sustainable development and ESG Framework is aligned to six of the Sustainable Development Goals (SDGs) from the United Nations 2030 Agenda

Awards & Recognition

  • PERE 2022 APAC FUND MANAGER GUIDE ESR Group Ranked 1st among leading private equity real estate fund managers in APAC
  • IR MAGAZINE AWARDS — GREATER CHINA 2022 ESR Group • Best in sector: Financials (including real estate) • Best IR during a corporate transaction
  • HONG KONG BUSINESS MANAGEMENT EXCELLENCE AWARDS 2022 ESR Group • Executive of the Year — Logistics: Ms Rui Hua Chang
  • 2022 BRITISH BUSINESS AWARDS British Chamber of Commerce in Japan Company of the Year: ESR Japan
  • THE ECONOMIC TIMES BEST BRANDS CONCLAVE 2022 — INDIA'S BEST BRANDS ESR India
  • THE 12TH CHINA LOGISTICS INVESTMENT AND FINANCING CONFERENCE AND CHENGDU CHONGQING SUPPLY CHAIN FORUM Company with the best investment value in the Logistics Industry for 2021–2022: ESR China
  • SUZHOU FOREIGN-INVESTED COMPANY AWARD FOR OUTSTANDING CONTRIBUTION TO STABLE GROWTH (NEWLY ESTABLISHED PROJECT): ESR China
  • GOVERNMENT OF BRIDGE TOWN, PUDONG NEW AREA, SHANGHAI The Economic Contribution Award: ESR China
  • GOVERNMENT OF BRIDGE TOWN, PUDONG NEW AREA, SHANGHAI The Growth Elite Award: ESR China
  • JD.COM GROUP Best Partner Award: ESR China
  • 11TH SPACE DESIGN AWARD, PUBLIC CO., LTD Public Life Division Award: KLÜBB Lounge in Fujiidera Distribution Centre
  • IEIJ GOOD LIGHTING AWARD 2022, The Illuminating Engineering Institute of Japan ESR Amagasaki Distribution Centre
  • MIPIM ASIA AWARDS 2022 Best Refurbished Building (Bronze): Lazada One
  • INDIAN GREEN BUILDING COUNCIL (IGBC) GREEN CHAMPIONS AWARD 2022 Pioneer in large-scale adoption of Green Logistics Parks and Warehouses: ESR India