CapitaLand Integrated Commercial Trust - Annual Report 2021

1 Operating properties for 2019 include Retail: Bedok Mall, Bugis Junction, Bugis+, Bukit Panjang Plaza, Clarke Quay, Funan (reopened in June 2019), IMM Building, JCube, Junction 8, Lot 1 Shoppers’ Mall, Plaza Singapura, Raffles City Singapore, Tampines Mall, The Atrium@Orchard and Westgate; and Office: Asia Square Tower 2, Capital Tower, CapitaGreen, Six Battery Road, One George Street, Raffles City Tower (office) and Bugis Village. CapitaSpring was reported as an asset under development. 2 Operating properties for 2020 include Retail: Bedok Mall, Bugis Junction, Bugis+, Bukit Panjang Plaza, Clarke Quay, Funan, IMM Building, JCube, Junction 8, Lot 1 Shoppers’ Mall, Plaza Singapura, Raffles City Singapore, Tampines Mall, The Atrium@Orchard and Westgate; and Office: Asia Square Tower 2, Capital Tower, CapitaGreen, Six Battery Road, One George Street, Raffles City Tower (office), Bugis Village (January to March 2020) and 21 Collyer Quay (May to December 2020). CapitaSpring was reported as an asset under development. Consumption for German operating properties was reported separately. 3 Operating properties for 2021 include Retail: Bedok Mall, Bugis Junction, Bugis+, Bukit Panjang Plaza, Clarke Quay, Funan, IMM Building, JCube, Junction 8, Lot 1 Shoppers’ Mall, Plaza Singapura, Raffles City Singapore, Tampines Mall, The Atrium@Orchard and Westgate; and Office: Asia Square Tower 2, Capital Tower, CapitaGreen, Six Battery Road, Raffles City Tower (office), One George Street, 21 Collyer Quay (1 October - 31 December 2021) and CapitaSpring (December 2021). Consumption for German operating properties was reported separately. 4 This is developed by the World Resources Institute (WRI) and World Business Council for Sustainable Development (WBCSD), which sets the global standard on how to measure, manage and report greenhouse gas emissions. 5 2019 intensities included all Singapore operating properties except Funan which started operations in June 2019 and Asia Square Tower 2’s district cooling consumption. 2020 intensities included all Singapore operating properties except Funan which was on its first year of stabilisation, Bugis Village, 21 Collyer Quay. CapitaSpring, an asset under development, has been excluded in the calculation of all intensities. District district cooling energy consumption are newly included in the computation of carbon intensity and energy intensity figures from 2020 onwards. 2020 intensity data was restated to include Asia Square Tower 2’s district cooling consumption. 2021 intensities included all Singapore operating properties except CapitaSpring and 21 Collyer Quay as theywere under construction/upgrading. Reporting Scope In 2021, the COVID-19 pandemic continued to evolve with a significant increase in infection rate and the rise of the Delta variant. While countries moved towards vaccinating the population, the safe management measures such as dining capacity limits and return to office restrictions continued to remain in place. In Singapore, the restrictions capped the shopper traffic at malls as well as workers’ return to office as working from home was the default in the last two quarters of 2021. This impacted the footfall and physical occupancy, resulting in lower consumption of energy and water in 2021. A similar trend was observed in Frankfurt, Germany. CICT reports the consumption trend for the last three years: 2019 1 , 2020 2 and 2021 3 . Due to the effects of the pandemic, the 2020 and 2021 data are anomalies. For reportingyear 2021, CICT’s Singaporeoperating properties comprise 22 properties across retail, office and integrated developments. Of which, some of the assets have changes in status: • One George Street was divested on 9 December 2021 (but recorded full year data); • Part of Six Battery Road was in the midst of its asset enhancement initiative for 2021; • 21 Collyer Quay obtained Temporary Occupation Permit (TOP) for its enhancement works on 1 October 2021; and • CapitaSpring, which was under development obtained TOP on 15 November 2021. By definition, Scope 1 emissions refer to direct emissions from activities controlled by CICT, Scope 2 emissions are indirect emissions associated with its consumption of purchased energy while Scope 3 emissions are indirect emissions from activities not controlled by CICT. Our footprint is calculated in accordance with the Greenhouse Gas (GHG) Protocol 4 . CICT’s Scope 1 data is derived from usage of diesel on an adhoc basis and excluded from carbon emissions intensity. Scope 2 data covered the purchased energy consumption relating to the operations. Scope 3 data included all purchased energy and diesel consumption for assets under development/upgrading, namely 21 Collyer Quay (1 January 2021 to 30 September 2021) and CapitaSpring for 2021. The two German assets, Gallileo and Main Airport Center are third-party managed, and reported consumption data for energy, district heating, water and waste data for 2021 where available. Data which was not available as at the time of reporting were excluded. All intensity data 5 for landlord-controlled areas excluded assets under stabilisation or assets that do not have the full year consumption data for the reporting year. Annual Report 2021 133 Environment