Sustainability Framework
At AA REIT, our commitment to standing strong is reflected in our pursuit of a sustainable future, aligning closely with the Paris Agreement and Singapore’s net zero ambitions. In FY2023, we took a significant step forward by launching our Environmental, Social and Governance (“ESG”) Roadmap, which sets ambitious SBTi-aligned emissions reduction targets and commits us to annual reporting. This initiative is part of our ongoing effort to enhance sustainability policies and processes, ensuring that environmentally friendly and socially responsible principles are deeply embedded in our core operations.
In FY2024, we further strengthened our sustainability vision with a comprehensive framework and clearly defined goals to guide our long-term vision. Our objectives span both short and long-term horizons, reinforcing our role as responsible corporate citizens. These goals are designed to bolster the resilience of our business while delivering tangible benefits across the economy, environment and society. To support this vision, we have developed and implemented targeted policies and initiatives that effectively tackle sustainability challenges within our diverse business functions.
In FY2025, we expanded on this by introducing new targets in areas such as signing green leases, implementing water efficient fittings and further expanding our ESG training. These additions mark a continued shift from framework development to implementation and reflect our focus on driving measurable progress across priority areas.
Our sustainability framework is closely aligned with the UN Sustainable Development Goals (“UN SDGs”) and we have carefully selected 5 of the 17 SDGs that resonate most with our business ethos and core Environmental, Social and Governance (“ESG”) priorities. By standing by our commitments, we strive to make a meaningful contribution to these global objectives, ensuring a positive impact for generations to come.
