Objectives: Reducing the environmental impact of the REIT’s properties and supporting the transition to a net zero economy Material ESG Topics: 2026 and Long-Term Targets 2025 Performance By 2035: Achieve 33.0% reduction in energy intensity from 2018 base year By 2050: Achieve 49.0% reduction in energy intensity from 2018 base year 29.0% reduction in energy intensity from 2018 base year By 2035: Achieve 38.0% reduction in Scope 1 and 2 GHG emissions intensity from 2018 base year By 2050: Achieve 80.0% reduction in Scope 1 and 2 GHG emissions intensity from 2018 base year 40.2% reduction in Scope 1 and 2 GHG emissions intensity from 2018 base year Maintain ~90.0% green-certified portfolio by NLA By 2030: Achieve 100.0% green-certified portfolio by NLA 90.0% green-certified portfolio by NLA Maintain ‘A’ rating for GRESB public disclosure and 5 Star for Real Estate Assessment ’A’ for GRESB Public Disclosure Assessment 5 Star for GRESB Real Estate Assessment Improve water conservation and waste reduction efforts Water usage intensity decreased by 6.9% (on a likefor-like basis); Waste intensity increased by 2.4% (vs 2024) Climate Action Building the resilience of the assets to climate change by reducing carbon footprint and managing climate-related risks Environmental Stewardship Reducing the environmental impact of the properties through energy efficiency and resource conservation BUILDING RESILIENCE Objectives and Material ESG Topics Approach Targets and Performance Supporting United Nations SDG Sustainable building GHG emissions Waste management Energy Climate change mitigation and adaptation Biodiversity Water management / 12 / EXPANDING HORIZONS
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