Environmental, Health and Safety Impact Assessment A key component of the SBG is the mandatory EHSIA. An EHSIA is carried out during the feasibility study phase for investments in operational assets or redevelopment projects as part of due diligence. This involves establishing the baseline environmental performance such as energy efficiency and comparing it against our 2030 targets. The assessment also includes transition and physical risks and opportunity considerations, as well as the application of an internal carbon price. This assessment would guide the businesses to consider EHS risks and opportunities upfront and identify mitigation measures earlier. The significant findings of the EHSIA and their cost implications are incorporated in the investment paper submitted to CICT’s Board for approval. Biodiversity CICT recognises its role in protecting the natural environment and is committed to preserving the biodiversity of its sites as well as the wider area wherever possible. All CICT properties are located in urban and built-up areas. There are no sites situated within protected areas, thereby eliminating any material biodiversity risk. CICT incorporates greenery within its properties to enhance the wellness of its end-users and the vitality of the surrounding communities over the longterm. The SBG encourages the use of certified wood (e.g. wood products with Forest Stewardship Council, certifications from the Program for the Endorsement 46.8% | BCA Green Mark Platinum 41.8% | BCA Green Mark Gold & GoldPLUS 4.7% | BREEAM Good 6.1% | NABERS Energy 0.6% | Non-rated GREEN RATINGS BY GFAI of Forest Certification) and other more sustainable wood materials and products, such as composite wood, engineered wood and bamboo. As part of the EMS, CICT ensures wastewater is responsibly disposed via municipal facilities to prevent water pollution and impact to biodiversity. DEVELOPING HIGH PERFORMANCE SUSTAINABLE ASSETS Green Building Rating Green building ratings and certifications serve as a testament to the quality of our portfolio. These externally validated ratings affirm the integration of key environmental considerations into our new acquisitions, refurbishments, developments, and operations. CICT aims to ensure that by 2030, all its existing properties are environmentally friendly, achieving at least a minimum certification level from a green rating system endorsed by a national government ministry/ agency or the World Green Building Council. For new developments in Singapore, CICT sets the BCA GreenMark GoldPLUS as the baseline target certification. Committed to ongoing sustainability, CICT plans to regularly update and sustain our green certifications, striving to attain at least the BCAGreenMark certification standard or equivalent for all properties. i Based on CICT’s 26 properties in Singapore, Germany and Australia as at 31 December 2023. Gallileo, which is undergoing AEI, and 103 Miller Street, which is exempted from certification, are excluded. Greenwood Plaza is currently under review for a green rating. Overview Environment Social Governance References SUSTAINABILITY REPORT 2023 35
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