ESR Group Double Materiality Matrix Impact on enterprise value High Low 6 2 1 12 11 8 9 7 13 14 15 4 5 3 10 High Impact on society and the environment Human Centric (Social) 1. Stakeholder Engagement 2. Safety, Health & Well-being 3. Managing & Developing Talent 4. Diversity, Equity & Inclusion 5. Community Investment Property Portfolio (Environmental) 6. Sustainable & Efficient Operations 7. Sustainable Building Certifications 8. Climate Change Resilience 9. Flexible & Adaptable Properties 10. Strategic Locations Corporate Performance (Governance) 11. Corporate Governance 12. Risk Management 13. Responsible Investment 14. Disclosure & Reporting 15. Supply Chain Management VISION FOR SUSTAINABLE DEVELOPMENT Environmental, Social and Governance Report 2022 12 ESG @ ESR MATERIALITY Understanding perspectives from our key stakeholders is critical to aligning our ESG efforts with their expectations. We conducted an updated assessment of our material ESG factors to reflect the evolving trends and market practices. The comprehensive process included obtaining an understanding of global trends, performing an internal business review and applying the double materiality approach, taking into account both impact materiality and financial materiality. Around 30 senior management and ESG representatives across various functions within the Group, representing both internal and external stakeholders including employees, tenants, investors, capital partners, suppliers, contractors, communities and regulators participated in the materiality workshop which was facilitated by an external consultant. The conclusion of the workshop provided an updated set of 15 material ESG factors which were prioritised and adopted as the Group’s focus areas. Recognising the relevance of suppliers to our business, “Supply Chain Management” was added as a new material factor under our ESG Framework.
RkJQdWJsaXNoZXIy MTIwODcxMw==