44 Environmental, Social and Governance Report 2023 PILLAR 2: PROPERTY PORTFOLIO Electric Vehicles (EVs) The adoption of electric vehicles (“EVs”) has accelerated due to stringent emission regulations, government policies and advancements in battery technologies. The Group is pursuing EV charging infrastructure opportunities by providing EV charging stations across all assets to satisfy customer demands and tenant needs progressively. Increasing the accessibility of these charging stations encourages the transition from conventional vehicles to EVs, thereby reducing emissions and mitigating the effects of climate change. In 2023, 809 EV charging stations (including 8 for electric forklifts) have been installed across our assets globally, an increase of 28% from last year. Country/Region # of EV charging stations Australia 55 Greater China 500 South Korea 84 Singapore 37 Europe 42 UK 78 Others 13 Total 809 Sustainable & Efficient Operations CASE STUDY ESR, Mitsubishi Fuso and DTFSA Announce Collaboration to Jointly Develop Environmentally Friendly E-Mobility Solutions In Japan, a second ESR building (Nagoya Minami Distribution Centre 2) with high-speed charging stations for EV trucks were completed in October 2023. In early 2024, ESR Japan signed an agreement with Mitsubishi Fuso Truck & Bus Co., Ltd., a major Japanese truck manufacturer, and its parent company, Daimler Truck Financial Services Asia Co., Ltd., (“DTFSA”) to promote the adoption of e-mobility and the greening of logistics facilities. The first initiatives of the collaboration will be the installation of quick EV chargers for eCanters (MFTBC’s light-duty electric trucks) at key ESR’s distribution centres located in the Greater Tokyo Bay area from Chiba to Kanagawa Prefectures starting in 2024. ESR Japan will play a leading role in decarbonising logistics through a wide range of joint activities with the two companies. This strategic partnership aligns with ESR’s commitment to environmental responsibility and enhances the overall value proposition for its customers. eCanter truck charging at ESR Logistics Centre Apart from EVs, ESR has partnered with Chinachem Group to explore future demand for electric commercial vehicles in the form of charging services at the state-of-the-art cold storage and logistics facility in Kwai Chung, Hong Kong. Chang Rui Hua, Managing Director, Business Management and Investment, ESR Hong Kong, said: “ESR’s Kwai Chung facility will set a new benchmark in the industry not only with its scale and cuttingedge features such as automation but also a range of green features for tenants, so they may provide more sustainable supply chains solutions.”
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