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ESG Data SummaryESR Group LimitedEnvironmental, Social and Governance Report 202489Notes1.Directly managed properties refer to completed assets in operations which are held under the consolidated statement of financial position of ESR Group, as well as held by the funds and REITs managed by the Group (i.e., managers controlled by the Group), including single tenanted assets and master leases as at 31 December 2024. This excludes assets disposed during the reporting period.2.Directly managed properties reporting this data refer to completed assets in operations which the Group has operational control, including assets acquired or disposed during the year up to the period of effective ownership. This reported data does not include tenants%u2019 consumption. However, for hospitality asset class, the whole building is included in the reporting scope as the Group is responsible for energy, water and waste management.3.Directly managed properties reporting this data refer to completed assets in operations which the Group has operational control, including assets acquired or disposed during the year up to the period of effective ownership. For logistics asset class, only the common areas are covered because tenants would manage their own waste disposal. For commercial asset class, the whole building is included in the reporting scope as the Group is responsible for waste management and disposal (including tenants%u2019 waste). Hazardous waste is mainly due to the fused fluorescent light bulbs which have been properly disposed of by the property managers.4.The intensity calculations for grid purchased electricity, greenhouse gas emissions, water and waste are based on base building consumption for operating assets under our direct control (except for commercial buildings that report waste data on whole building basis) divided by the total GFA of directly managed properties, which include the areas occupied by tenants. Calculated intensity for grid purchased electricity, greenhouse gas emissions, water and waste have all decreased in 2024 due to primarily the divestment of business units (i.e., ARA Private Funds and ARA US Hospitality Trust, see footnote 14) and change in reporting scope of ESR REIT. Excluding this divestment and change in reporting scope, there are no material fluctuations noted across the markets.5.The emission factors used in the calculations are sourced from the national governments of Australia, India, South Korea, Singapore, Malaysia, Indonesia, UK, US, and New Zealand. For properties held in remaining countries, we used emission factors from the Institute of Global Environmental Strategies (China), Electric Power Council for a Low Carbon Society (Japan), individual local utility companies (Hong Kong) and Carbon Footprint (EU). All selected emission factors are based on the guidance set out by the GHG Protocol. In the reporting year, some of the updated emission factors were lower than that of 2023, reflecting the decarbonisation of the national grids.6.Certified / rated sustainable buildings and certified / rated %u201chigh%u201d sustainable buildings include completed assets that are directly managed by the Group, including single tenanted assets and master leases as at 31 December 2024. This excludes assets disposed during the reporting period. The percentage of certified / rated buildings as at 31 December 2024 is 45.4% (by GFA) and 25.0% (by number of buildings).7.Refers to the total rooftop solar power capacity installed and fully operational as at 31 December 2024.8.In China, the landlord has operational control over common areas within certain assets (e.g., logistics parks) even if they are fully leased out to the tenants, i.e., single tenanted or master leases. Thus, the common areas data for both electricity and water are included for these assets.9.In India, the development assets (i.e., logistics parks) with completed plots or blocks that are operational are included in the data summary. Thus, the landlord consumption data of these completed plots or blocks within these assets are included for reporting. The reported GFA for the sustainable building certifications and ratings, as well as GFA for the directly managed properties reporting the data, cover the entire logistics parks, including plots or blocks which are not yet completed.10.In South Korea, the landlord has operational control over common areas although the utility bills for electricity and water use are borne by the tenants. For certain properties, the grid purchased electricity of the common areas is an estimation by applying a percentage factor on the total GFA of the asset due to the unavailability of the split in GFA between common areas and tenancy spaces. This percentage factor may change year-on-year depending on various factors, such as occupancy.11.There is no re-statement of past years%u2019 figures and no change to the methodologies in the data collection and disclosure in 2024, as compared to the previous years.12.For year-on-year comparison with 2023, directly managed properties which the Group has operational control and have two years of like-for-like data were identified. Based on our analysis, there was approximately a 12% decrease in grid purchased electricity consumption, 16% decrease in water use, and 14% decrease in waste generation (i.e., due to operational efficiencies, changes to tenants%u2019 business activities and/or occupancy rates), with no material fluctuations noted across the markets.13. The environmental data from the U.S. region pertains to the business unit, comprising assets in the hospitality asset class, that has been fully divested in 2024. 14. The environmental data for the divested business units (i.e., ARA Private Funds and ARA US Hospitality Trust) has been included up to 1H 2024 for the period of effective ownership where ESR retained operational control before divestment.