47 Environmental, Social and Governance Report 2023 PILLAR 2: PROPERTY PORTFOLIO ESR continues to integrate environmental considerations into the design and construction of new developments, as well as the operation of existing assets through planned upgrades and retrofits. Our buildings undergo credible and globally recognised sustainable building certification and rating schemes, which guide us in developing and operating buildings that are more efficient, less pollutive, and healthier for our occupants. These certifications provide tangible benefits including higher asset valuations, lower operational costs, additional health & well-being benefits, increased adoption of sustainable building designs and material; and the wider use of energy-efficient plant and equipment. These efforts are part of our goal to manage a global portfolio of best-in-class and sustainable assets. The Group continues to gain recognition both internationally and locally for our environmental stewardship towards sustainable buildings, with the following number of assets in our portfolio that achieved sustainable building certifications and ratings: Leadership in Energy and Environmental Design (LEED) Comprehensive Assessment System for Built Environment Efficiency (CASBEE) National Australian Built Environment Rating System (NABERS) International WELL Building Institute (WELL) Building & Construction Authority Green Mark (BCA) Indian Green Building Council (IGBC) Association for Business Innovation in harmony with Nature and Community (ABINC) Building Energy Labelling System (BELS) EPA’s ENERGY STAR BEAM Society Limited BEAM Plus (BEAM) 6 Assets completed in 2023 3 Assets completed in 2023 0 Asset completed in 2023 0 Asset completed in 2023 1 Asset completed in 2023 0 Asset completed in 2023 0 Asset completed in 2023 2 Assets completed in 2023 0 Asset completed in 2023 0 Asset completed in 2023 36 Other Standing Assets 27 Other Standing Assets 15 Other Standing Assets 31 Other Standing Assets 16 Other Standing Assets 5 Other Standing Assets 2 Other Standing Assets 5 Other Standing Assets 20 Other Standing Assets 23 Other Standing Assets As at end of 2023, 42.8% of the Group’s portfolio of assets was awarded sustainable building certifications and ratings, representing approximately 13 million sqm in GFA. We achieved a total of 250 building certifications and ratings across our portfolio. 12 of our newly completed assets with around 1 million sqm GFA have completed certification in 2023. 169 of our completed standing assets (excluding those completed in 2023) are certified under one or more standards in our standing investments portfolio, representing over 12 million sqm GFA. Sustainable Building Certifications
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