Internal and External Audits CLI has in place an internal audit system to ensure the conformance and effective implementation to ISO 14001 and ISO 45001 standards. External audits are conducted annually by a third-party accredited certification body. CICT leverages CLI’s ISO 14001 certification for its EMS. This encompasses all business functions in Singapore covering property development, property management, corporate management and operations. Third-party managed properties in Australia and Germany are excluded. Ensuring Sustainability and Safety of Operations and Properties Guided by CLI’s EHS Policy, CICT is committed to protecting the environment and upholding the occupational health and safety of everyone in the workplace. This policy is readily available to all staff, suppliers, service providers and partners. Tenant Green Lease Programme Beyond developing and investing in environmentally sustainable properties and managing them according to best practices, CICT understands the important role that the end-users of its buildings play. Collaboration with tenants is becoming increasingly important in influencing and supporting our sustainability goals. CICT’s Singapore properties have a green lease programme setting minimum standards for tenant equipment and lighting efficiency. Over 96% of CICT’s Singapore properties, measured by net lettable area, have adopted these green leases as at 31 December 2024. In addition, a green fitout guide is given to new tenants to encourage the adoption of greener fitouts, lighting efficiency requirements and to promote green practices and behaviour. LIFE CYCLE MANAGEMENT CICT leverages CLI’s SBG to ensure environmental considerations are factored in all stages of a project, from feasibility, design, procurement, construction, operations to redevelopment. It covers new acquisitions, developments and refurbishments, as well as joint venture developments where CICT has management control. The SBG is regularly reviewed to ensure continuous improvement, with a focus on four key objectives of minimising carbon footprint and energy consumption, water management, reducing the generation of waste, and promoting biodiversity in the real estate life cycle. Environmental & Social Impact Assessment A key component of the SBG is the mandatory ESIA which is carried out during the feasibility study phase for investments in operational assets or development 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 Environmental and Social (including Health and Safety) risks and opportunities upfront and identify mitigation measures earlier. The significant findings of the ESIA 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 and the wider area wherever possible. All CICT properties are located in urban and built-up areas. No sites are 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 long term. The SBG encourages the use of certified wood (e.g. wood products with Forest Stewardship Council, certifications from the Program for the Endorsement 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 of via municipal facilities to prevent water pollution and impact on biodiversity. 23 Sustainability Report 2024
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