Sustaining Our Planet

Facing a deteriorating climate and a degrading environment, we strive to create places in harmony with the Earth, minimise our environmental impacts and create benefits for the natural world. Planet holds a prominent position within our triple bottom line, reflecting our deep commitment to environmental responsibility. Envisioning a sustainable Earth, we have been proactively working towards reducing our carbon emission across our entire value chain, enhancing energy efficiency, increasing the adoption of renewable energy, facilitating the circularity of our business operation and collaborating with our stakeholders. Through our continuous efforts, we aspire to create places where both humans and non-humans will co-thrive in the future.

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Absolute Scope 1 and 2 GHG emission reduction¹

Reduction in 2022's carbon intensity from a 2020 base year

Reduction in water intensity¹

buildings with

BEAM Plus / LEED / WELL Certifications² obtained

¹ Compared to previous fiscal year

² Covers the number of Provisional Assessment and Final Assessment certificates for both New Buildings and Existing Buildings as at 30 June 2023.

Redesigning through Sustainable Building Design

Building green has been one of the Group’s top sustainability strategies to fulfil its strong commitment to the Planet and environmental sustainability. As we recognise that a large portion of our impact on the environment stem from our construction and property development activities, we make every effort to achieve a high level of resource and energy efficiency and minimise the environmental footprint of our buildings while promoting the well-being of our occupants. Our new projects, designed with sustainability in mind and built with a range of sustainability elements, reflect our strong commitment to the environment.

Accelerating Green Transformation

As we recognise the pressing need to address the challenges of climate change and sustainability, we have embarked on an ambitious journey towards a sustainable future. Our target "Chinachem Group Carbon Reduction Roadmap - CCG 3050+" ("CCG 3050+") is aligned with the 1.5°C pathway and approved by Science Based Targets Initiative ("SBTi"). Through CCG 3050+, the Group aims to lower its operational carbon intensity under Scope 1 and 2 by 51.8% and its Scope 3 carbon intensity from capital goods, downstream leased assets and waste generated in operations by 20% by 2030 from the 2020 base year.

Joining Forces to Defend Our Planet

As a community developer with diverse areas of operation, we are aware of the impact throughout our value chain. We collaborate with suppliers and business partners to integrate sustainability at all levels. During the Reporting Period, we have enhanced the Group’s Sustainable Procurement Guidelines to align with EPD’s Green Procurement standard. Alongside departmental Standard Operating Procedures (“SOP”) of Procurement, we aim to improve our sourcing practices in purchasing, design and construction processes, prioritising local suppliers to minimise our carbon footprint.

Climate Adaptation and Resilience – Our Response to TCFD Recommendations

We acknowledge the potential risks and opportunities climate change poses to our business. Our disclosures align with the recommendations of the Task Force on Climate-Related Financial Disclosures (“TCFD”) across the four essential pillars: governance, strategy, risk management and metrics and targets.