ESR Cayman ESG Report 2021

ESR increased its rooftop solar power generation across all markets and continues to explore other renewable energy sources. Rooftop solar power generation reached more than 164,000 GJ in the current year, which is a 12% increase compared to 2020. In addition, 2,877 GJ of grid purchased geothermal energy was consumed by our properties in India. Investment in rooftop solar power in our major markets are shown below as follows: Rooftop solar installed capacity* Solar power generated In MW In GJ China 9.7 33,763 Singapore 2.2 5,527 Japan 23.8 121,601 South Korea 0.2 3,328 Australia^ 3.5 – Total 39.4 164,219 * One of our targets under the Sustainable & Efficient Operations focus area is to increase our solar capacity by 3.5MW on average each year over the next four years to exceed 52MW of solar power generation capacity (a 50% increase) by 2025. ^ Australia is in the progress of compiling the solar power generated relating to the newly acquired assets during 2021 over the next few months. Ambitious energy targets have been set out for our properties in various regions in accordance with the local operating environment. For instance, we seek to meet 100% of our energy needs from renewables by sourcing wind and hydro generated power to supplement the current rooftop solar supply for our Australian properties. In addition, ESR Australia has joined the NABERS Accelerate program to develop a rating tool for warehouses and cold stores to measure energy and water consumption. To highlight, the Bringelly Road Business Hub in Australia has reached its practical completion in 2021 and will be receiving a 5 Green Star rating for installing rooftop solar equipment with a 1MW capacity. This is a testament to its commitment to attaining SUSTAINABLE & EFFICIENT OPERATIONS operational carbon neutrality through participating in the Climate Active Program. The state-of-the-art facility expands over 36,237 sqm where 34,700 sqm of the building area is a temperature-controlled warehouse for pharmaceutical storage. Other sustainability features include individually sensor-controlled LED lighting, daylight roof panels over staging areas, insulated walls and roof with rapid insulated shutter doors, air curtains and truck seals at doorways, 75,000L rainwater tank serving irrigation and toilets as well as low water landscaping. In Japan, there are self-consumption solar operations at ESR Fujiidera Distribution Centre and ESR Kuki Distribution Centre under our properties portfolio, which we could issue Green Energy Certificates to offer wholesale of green energy generated. Bringelly Road Business Hub ESR Kuki Distribution Centre ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT 2021 25 PILLAR 2: PROPERTY PORTFOLIO