Investment Community (Investors, Analysts) and Media Supply Chain (Main Contractors, Vendors, Suppliers and Creditors) Community • Proactive communication and dialogue with investment community • Timely and transparent disclosures • Active portfolio and asset management • Prudent capital management • Value creation through disciplined approach to acquisitions and divestments • Proactive participation in GRESB Real Estate Assessments and other sustainability surveys • Supplier and vendor performance evaluation • Share CapitaLand’s Supply Chain Code of Conduct with suppliers • Appoint and give preference to ISO 45001 certified contractors, vendors and service providers • Compliance monitoring • Monitor environmental performance and progressively pursue green building certification for properties in our portfolio • Grant three days of volunteer service leave per employee • Participate in community programmes with social / charity objectives • Partner with government / national agencies and tenants to promote sustainability and healthy living • Positive feedback from investor meetings and conferences – Investors recognise that CLAS’ diversification and portfolio of growth and stable income assets provide resilience amidst global uncertainties while CLAS’ strategy of portfolio reconstitution and asset enhancement initiatives offer further capacity for growth • Awards / achievements: – CLAS retained the top spot in the REITs and Business Trusts category of the Singapore Governance and Transparency Index 2023 for the third year running – CLAS was named “Global Sector Leader (Listed – Hotel)” in the 2023 GRESB Real Estate Assessment for the third consecutive year • In 2023, Ascott’s suppliers acknowledged to abide by CapitaLand’s Supply Chain Code of Conduct as part of their new and renewed contracts • Zero work-related incidents resulting in fatality and permanent disability in FY 2023 • CLAS keeps abreast of regulatory requirements and facilitates compliance with relevant regulations • As of May 2024, 47 CLAS properties have obtained green building certifications • In 2023, 61 CLAS employees contributed approximately 464 volunteer hours SUSTAINABILITY REPORT 2023 62
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