ENVIRONMENTAL COMMITMENTS AND PROGRESS Areas of Focus 2030 Targets Performance in 2023i,ii IR Capitals and UN SDGs supported Low-carbon Transition Reduce absolute Scope 1 and 2 GHG emissions by 46% from 2019 baselineiii to achieve sciencebased target • 15.5% reduction in absolute Scope 1 and 2 GHG emissions Environmental Capital Manufactured Capital Reduce carbon emissions intensity by 72% from 2019 baselineiii • 0.4% reduction in carbon emissions intensityIV Reduce energy consumption intensity by 15% from 2019 baselineiii • 6.9% reduction in energy consumption intensityIV 45% of total electricity consumption from renewable sources • 6,490 MWh (10%) of electricity consumption from renewable sources 50% of portfolio to achieve a minimum green rating by 2025, and 100% of portfolio by 2030v • 49% as at Dec 2023 • 51% as at May 2024 Water Conservation and Resilience Reduce water consumption intensity by 15% from 2019 baselineiii • 4.8% reduction in water consumption intensity Waste Management and Circular Economy Achieve 25% recycling rate in day-to-day operations • 3,476 tonnes of waste generated in 2023 • 11% recycling rate Annual Targets Sustainable Operation Excellence ISO 14001 certification for EMS • CLAS retained ISO 14001 certification in 13 countries Manage risks of environmental impact • CLAS leverages CLI’s EMS, which is externally audited annually, providing assurance to top management and external investors on CLI’s and CLAS’ compliance and alignment to best practices i Computation of footprint data is based on available information of the Ascott-managed properties and excludes third-party managed properties. ii Computation of intensity data excludes new properties which were in operation for less than 12 months, properties undergoing asset enhancement programmes and third-party managed properties. iii Using 2019 as a baseline as the CLI 2023 SMP was introduced in 2020. iv Intensity figures relate to purchased energy and natural gas only, and exclude diesel fuel (non-vehicle) and other fuels (vehicle). v By gross floor area in m2. SUSTAINABILITY REPORT 2023 16
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