Environmental, Social and Governance Report 2023 101 ABOUT THIS REPORT HKEX and GRI Indices HKEX ESG CONTENT INDEX 2023 This ESG report complies with the mandatory disclosure requirements and “Comply or Explain” provisions of the Hong Kong Exchange Main Board Listing Rule 13.91 and ESG Reporting Guide. Some optional KPIs have also been reported. Mandatory Disclosure Requirements Location of Disclosures Governance Structure https://www.esr.com/corporate-governance/ PILLAR 3: CORPORATE PERFORMANCE: Corporate Governance Reporting Principles Appendix C2 of the HKEX ESG Guide GRI Reporting Standards ABOUT THIS REPORT: ESG Data Summary Reporting Boundary ABOUT THIS REPORT Provisions Location of Disclosure Additional information, as applicable Aspect A1: Emissions General Disclosure A1 (Comply): ESR complied with relevant laws and regulations relating to air and greenhouse gas emissions, discharges into water and land, and generation of hazardous and non-hazardous waste in all material aspects during the reporting period. KPIs: A1.1, A1.2, A1.3, A1.4, A1.5 & A1.6 PILLAR 2: PROPERTY PORTFOLIO: Sustainable & Efficient Operation, Climate Change Resilience ABOUT THIS REPORT: ESG Data Summary KPI A1.1/A1.2 (Comply and explain): We consume a negligible quantity of mobile fuels in our operations. Local air emissions from our property portfolio is negligible. Hence, they are not disclosed. KPIA1.5 (Explain): We are on track to develop our overall Net Zero Strategy and Decarbonisation Roadmap as part of the transition to net zero, with the advisory support from an external consultant. The scope of this work considers different asset typologies in different markets, with the aim to mitigate operational carbon (Scope 1 & 2), embodied carbon (Scope 3), and whole life carbon (Scope 3) across our value chain according to our carbon mitigation hierarchy. KPIA.1.6 (Comply and Explain): During construction, we implemented erosion and sediment control as well as responsible waste management to minimise the environmental impact. All of the assets in our portfolio were developed in accordance with the applicable governing codes and construction standards. Hazardous waste generated are handled by tenants and property managers according to local laws and regulations. For non-hazardous waste, they were disposed through various methods such as landfills, recycling and waste to energy. There was no material non-compliance noted on the treatment of hazardous and non-hazardous waste. In addition, as waste generation for ESR is immaterial, no reduction targets were set on this aspect. We focus on setting targets for significant aspects like energy, emissions and water.
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