APPENDIX F: SASB DISCLOSURE INDEX CLAS seeks to provide material sustainability information in line with the recommendations of the SASB. It considered SASB’s Real Estate Sustainability Accounting Standards in developing the following table of key sustainability metrics. Disclosure Topics Disclosure Number Detail Notes and Page Reference in this Report Energy Management IF-RE-130a.1 Energy consumption data coverage as a percentage of total floor area, by property sector 97.7% coverage for CLAS’ Sponsor-managed operational properties in FY 2023i. (Pg 3) All of these properties are hospitality assets (serviced residences and hotels). IF-RE-130a.2 Total energy consumed by: portfolio area with data coverage, (1) percentage grid electricity, and (2) percentage renewable, by property sector Total energy consumed by CLAS’ portfolio was 295,744 GJ (82,151 MWh). (Pg 39, 42) Grid electricity accounted for 80% of total energy consumed, and percentage of renewable energy was 8%. IF-RE-130a.3 Like-for-like percentage change in energy consumption for the portfolio area with data coverage, by property sector Like-for-like percentage change in energy consumptionii was an increase of 6% from 2022 to 2023 due to an increase in average occupancy. IF-RE-130a.5 Description of how building energy management considerations are integrated into property investment analysis and operational strategy CLAS identifies and addresses climate-related risks and opportunities, and integrates energy management considerations into all stages of the real estate lifecycle, from the earliest stage of the investment process to design, procurement, construction, operations and redevelopment or divestment. (Pg 19) i Four of CLAS’ properties in France were divested in September 2023 and the environmental data for these properties prior to their divestments have been included in our reporting, where available. ii Computation excludes all properties acquired, divested, undergoing development or asset enhancement programmes during 2022 or 2023. SUSTAINABILITY REPORT 2023 88
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