SUSTAINABLE & EFFICIENT OPERATIONS Meanwhile for Singapore, our goals are to reduce energy intensity by 1% per year, lower total energy consumption by 5% between 2019 to 2023 and achieve Green Mark Certification for all the buildings undergoing our Asset Enhancement Initiative from 2019 onwards. This represents 69% of total GFA of ESR-LOGOS REIT’s (formerly known as ESR-REIT) portfolio and is in line with the Singapore’s pledge to peak emissions at 65 MtCO2e by 2030. In South Korea, we have begun construction on Incheon Geodan during the current year and target to obtain the LEED Gold certification by installing and consuming energy generated from rooftop solar panels. It is expected that 1% of the total energy consumed will come from solar source. With the increase in demand for electric vehicles due to less reliance on fossil fuels and improved air quality, EV charging stations are available in our assets’ facilities to support tenants with such needs. Having these charging stations more widely accessible also encourages others to switch from traditional vehicles to EVs, which will reduce greenhouse gas emissions and lessen the impact on climate change. In 2021, our China portfolio has 23 EV charging stations installed. It is expected that 15 charging stations will be constructed and installed in five of our Korean properties soon. Another 10 charging stations are scheduled to be installed for the Australian properties in the upcoming year. ESR Ichikawa Distribution Centre ESR Bizpark @ Changi ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT 2021 26 PILLAR 2: PROPERTY PORTFOLIO
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