40 STRENGTH IN UNITY Sustainable Building Certifications As at end 2023, a total of 250 sustainable building certifications and ratings across 181 completed directly managed assets, representing approximately 13.4 million sqm in GFA was achieved. These certifications and ratings include LEED, NABERS, CASBEE and WELL Health and Safety Rating. Certain assets received multiple certifications and ratings, demonstrating ESR’s commitment to sustainable and efficient operations. Climate Change Resilience The Group adopted the recommendations under the Task Force on Climate-related Financial Disclosure (“TCFD”) Framework in the ESG Report, which are now managed under the purview of the International Sustainability Standards Board (“ISSB”). Under the International Financial Reporting Standards ("IFRS") S2 Standard, the Group commenced climate scenario analyses and climate-related risk assessments for certain portfolios. These assessments are designed to identify, evaluate and manage climate-related risks and opportunities across ESR’s managed portfolio. ESR is committed to continually monitoring and reporting the impacts of these climate-related risks and opportunities to future-proof its managed assets. Flexible and Adaptable Properties Quality, comfort, accessibility, and durability are attributes highly valued by ESR Group's customers. ESR’s design, construct and maintenance of its properties utilising advanced technologies and high quality resources prevent material degradation and ensure that they are safe and built-to-last. In collaboration with PGIM Real Estate, ESR’s Future Solutions Group was engaged in a built-to-suit redevelopment project for POKKA in Singapore. This development combines innovative solutions with the redevelopment process to support POKKA’s specific business needs and optimise energy efficiency through a battery storage system and rooftop solar installation. Strategic Locations The Group is committed to developing assets in strategic locations, with a sustainability focus on site selection, efficient design, green construction, and energy-efficient operations. This allows the Group to strategically build its presence in key markets, strengthen its supply chain resilience, and minimise its environmental impact associated with transportation. A successful example of this is the ESR Higashi Ogishima Distribution Centre in Japan, strategically located in the Greater Tokyo metropolitan area. This location offers excellent transportation and connectivity for e-commerce, thirdparty logistics, cold storage and other leading businesses in the region. The Group strives to preserve biodiversity in the design, construction and operations of its assets, to ensure a balanced and intact ecosystem. An exemplary illustration of its biodiversity management is Woody Meadows in Australia. This asset features the preservation of certain native plants that require minimal irrigation, resulting in reduced maintenance costs and environmental footprint. ESR Bringelly Road Business Hub, Sydney, Australia
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