InlinewithCapitaLandInvestment's (CLI) sustainability focus, CapitaLand Integrated Commercial Trust (CICT) has been incorporating its environmental, social and governance (ESG) performance in its annual report. Reinforcing our commitment to sustainability, CICT started its standalone Sustainability Report for financial year 2022 (FY 2022), which aims to provide a comprehensive overview of CICT’s approach in integrating sustainability into its policies, structure, management, and operations, as well as stakeholder engagement. International Standards and Guidelines This report is prepared in accordance with the Global Reporting Initiative (GRI) Standards 2021. This report discloses its risk management framework based on the Monetary Authority Singapore (MAS) Guidelines on Environmental Risk Management for Asset Managers and is also in compliance with the Singapore Exchange Securities Trading Limited’s (SGX-ST) Listing Manual Rules 711A and 711B. The GRI Standards has been selected as it is an internationally recognised sustainability reporting framework that covers a comprehensive range of sustainability disclosures relevant to CICT’s business. This Report has also incorporated elements of the Value Reporting Foundation Integrated Reporting Framework and references the United Nations Sustainable Development Goals (UN SDGs). In this Report, CICT has also provided a work-in-progress update under the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) and references the SustainabilityAccounting Standards Board (SASB) real estate sector-specific standards. Reporting Scope and Period As a CLI-sponsored Real Estate Investment Trust (REIT), CICT is managed externally by wholly owned subsidiaries of CLI which include the Manager (CICTML) and Property Managers who oversee the daily property operations. The Manager and Property Managers are responsible for the Trust, property and portfolio operations of CICT, and their respective teams are identified as employees of the Trust. This Report covers CICT’s portfolio for the financial period from 1 January 2022 to 31 December 2022, unless otherwise indicated. As at 31 December 2022, CICT’s portfolio comprises 21 properties in Singapore, two in Frankfurt, Germany and three in Sydney, Australia. In 2022, CICT completed the divestment of JCube on 10 March 2022 and the acquisitions of 66 Goulburn Street and 100 Arthur Street on 24 March 2022, 70.0% interest in CapitaSky on 27 April 2022, and 50.0% interest in 101-103Miller Street and Greenwood Plaza on 21 June 2022. Taking guidance from the operational control as defined by the Greenhouse Gas (GHG) Protocol1 Corporate Standard, the environmental performance of 22 Singapore properties comprising 11 retail properties, six office properties and five integrated developments which are under operational control havebeen covered in this Report. Theseproperties are: RETAIL: Bedok Mall, Bugis+, Bugis Junction, Bukit Panjang Plaza, CQ @ Clarke Quay, IMM Building, Junction 8, Lot One Shoppers' Mall, Tampines Mall, Westgate, JCube (divested on 10 March 2022) OFFICE: Asia Square Tower 2, CapitaGreen, Capital Tower, CapitaSky (acquired 70.0% interest on 27 April 2022), Six Battery Road, which completed its AEI in September and 21 Collyer Quay INTEGRATED DEVELOPMENT: CapitaSpring (45.0% interest), Funan, Raffles City Singapore, Plaza Singapura, The Atrium@Orchard CICT reports the energy andwater consumption and waste generation of the five overseas properties, where available, while the other environmental metrics are being tracked and monitored internally. The Sponsor, CLI, is obtaining external assurance over its performance data and the Manager’s performancedata is includedas part of the Sponsor’s external assurance engagement. The Sustainability Report 2022 is to be read in conjunction with Annual Report 2022 which can be accessed via www.cict.com.sg. In line with CLI’s commitment to environmental sustainability, the SR is only available online and not printed. Feedback The Manager welcomes feedback as it continuously improves CICT’s sustainability performance and reporting. Stakeholders with questions or feedback are welcome to send them to ask-us@cict.com.sg. 1 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. CapitaLand Integrated Commercial Trust 2 About this Report
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