Environmental Commitment
As a responsible corporate citizen, we strive to reduce our impact on the environment. We do so by working closely with our customers, developing and obtaining the necessary credentials for sustainable buildings and the generation of renewable energy.
Green Buildings
We recognise the role green buildings play in reducing negative impacts on the environment as well as the importance of green building certification standards to help attract and retain customers who value sustainability. Going forward, the Manager will assess the feasibility of obtaining new green building certifications during the design and planning phase of new development projects, as well as during asset enhancement initiatives, where economically viable. We will also review our existing properties regularly for certification or recertification opportunities.
These are the green building certifications within AA REIT’s portfolio as at 31 March 2023:
| Property Name | Details | Country |
|---|---|---|
| 7 Bulim Street | BCA Green Mark Gold Plus | Singapore |
| 1A International Business Park | BAC Green Mark Gold | Singapore |
| Optus Centre |
NABERS Energy Rating – 5 Stars NABERS Water Rating – 5 Stars |
Australia |
| Woolworths HQ | NABERS Energy Rating – 4.5 Stars | Australia |
In recognition of AA REIT’s efforts in water management, two of AA REIT’s properties in Singapore, 1 Bukit Batok Street 22 and 8 Tuas Avenue 20, are certified by PUB as Water Efficient Buildings (“WEBs”).
Renewable Energy
