ESR ESG 2020 - EN

Building for the New Economy 2 Environmental, Social and Governance Report 2020 Welcome to ESR’s second Environmental, Social and Governance (ESG) report covering our first full year of operations post-IPO. When COVID-19 emerged with force around the world, we all made adjustments in the way we work and engage with one another. Many of us gained new-found insight and respect for what is really most important in our personal and professional lives. Climate change and other environmental and sustainability issues are clearly becoming defining factors for future prosperity of businesses, communities and economies. New economy infrastructure is more important today than ever before as a Our Vision for Sustainable Development result of transformational behaviour changes associated with the global pandemic. As Asia Pacific’s leading logistics real estate platform, we are excited to play our part in creating advanced, modern facilities that will support our global and domestic customers to respond to the rapidly evolving demands and expectations of Asian consumers in the era of e-commerce. ESG principles have long been at the heart of our business. ESR’s vision for sustainable development is to enhance shareholder value while contributing positively to society and the environment through a responsible investment approach and culture of strong corporate governance. In November 2020, we were proud to launch our five-year ESG Roadmap, which outlines the strategic elements of our approach to realising this vision. The roadmap sets out our focus areas and targets across three ESG pillars — Human Centric, Property Portfolio and Corporate Performance — and outlines our strategies for achieving better gender equality, enhancing workplace safety and reducing energy consumption, while continuing to invest in local communities. On behalf of the Board, I encourage you to read on to learn more in this report. We welcome your feedback and continued support. ESR’s vision for sustainable development is to enhance shareholder value while contributing positively to society and the environment. MESSAGE FROM OUR CHAIRMAN Jeffrey David Perlman