Environmental targets highlights
25% of the portfolio with green leases by 2025
Net Carbon Zero operational carbon emissions by 2040
90% of the office portfolio with top two tiers green certifications by 2025
Our portfolio’s 2023 environmental performance highlights
Absolute energy intensity
in 2023 as compared to 2022
Like-for-like electricity consumption
in 2023 as compared to 2022
Total GHG emissions
in 2023 as compared to 2022
Like-for-like Scope 3 GHG emissions
in 2023 as compared to 2022
Absolute waste
in 2023 as compared to 2022
Like-for-like waste intensity
in 2023 as compared to 2022
'Green' building certificates
certificates as at end of 2023
Recycling rate
of total waste as at end of 2023
Task force on climate-related disclosures (TCFD)
In response to the enhanced climate reporting requirements introduced by SGX-ST in December 2021, the Manager has adopted TCFD recommendations since 2021 with a three-year roadmap to enhance the climate risk management process and at the same time, improve the quality of climate reporting.
Sustainable developments and redevelopments
Nervesa 21, Milan, Italy
Redevelopment of existing office to a 10,000 sqm LEED platinum Grade A office space
Refurbishment scope includes replacement of the façade, new mechanical & electrical installation, improved entry and extensive landscaped amenity, creation of roof terraces as well as overall increase of lettable area total through construction of external panoramic lifts
20% additional GFA granted for no charge due to sustainability building specifications
Fully leased out in first half of 2024
Lovosice ONE Industrial Park I, The Czech Republic
Refurbishment of 2,611 sqm existing building and development of five new warehouse units and with a total lettable area of 14,679 sqm
Nove Mesto ONE Industrial Park I / III, Slovakia
Development of two new warehouse units DC 3 (3,850 sqm) and DC 7 (11,975 sqm)