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Dear Stakeholders,
At CCT, our pursuit for excellence is underpinned by our commitment to sustainable businessobjectives and practices. For the second consecutive year, we are pleased to present the highlightsof our continuous efforts in this sustainability report, in accordance with the principles set out by theGlobal Reporting Initiative G3.1 reporting framework.
Benchmarking our business and operations to international best practices in the industry, weintegrate sustainable practices into our areas of focus relating to corporate governance, riskmanagement, environment stewardship, workplace health and safety, people and the community,and products and services. As wholly-owned subsidiaries of CapitaLand, both we (the Manager) andthe property managers of CCT are also aligned with CapitaLand’s core values and commitment tosustainability.
In upholding corporate governance, we continue to maintain a high ratio of independent directors onthe Manager’s Board of Directors. Since 2013, about half of our Board members, including theChairman, have been independent.
In line with our green philosophy, all our eligible properties have achieved Green Mark certificationfrom the Building and Construction Authority (BCA), with numerous attaining the top accolades ofGreen Mark Platinum and Gold. The newest property in our portfolio that achieved temporaryoccupation permit on 18 December 2014, CapitaGreen, is our first development project. Designedfor a sustainable future, this Grade A, BCA Green Mark Platinum building incorporates energy-savingtechnologies and modern features that raise engineering efficiency. CapitaGreen was also conferredthe BCA Universal Design Mark GoldPLUS (Design) to recognise the building’s barrier-free anduser-friendly features that have been designed for people of all ages and abilities. Additionally, wecontinually introduce energy-efficient improvements when we embark on asset enhancementinitiatives at our existing properties.
Adopting a customer-centric approach, we are committed to service excellence. During the year, wegathered feedback for improvements via individual interviews with our tenants to develop a holisticcustomer experience. Staying ahead of potential emergencies such as severe haze or Ebolaoutbreak, we also implemented precautionary measures including test drills to safeguard our tenantsand enhance our preparedness.
We actively engage our tenants throughout the year via events such as our bi-annual “HealthyTreats”, annual “CCT Eco Race” and the Christmas charity drive, “Gifts of Joy”. This year, CCT EcoRace, which promotes eco-friendly practices among our tenants, was organised in partnership withBCA, and renowned premium car maker, BMW Asia, for its newly launched electric vehicles. We alsocollaborated with LASALLE College of the Arts to collect recycled bottles from our tenants for festivedecorations at one of CCT’s properties, Wilkie Edge.
Furthering our green message, we rolled out a mobile exhibition that was publicly displayed onrotation at all our properties. The exhibition showcased CCT’s green efforts and promoted bettergreen awareness and conduct among our tenants. We continue to actively support local and globalcauses with a green theme, from similar programmes organised by CapitaLand to the World WideFund for Nature’s (WWF) Earth Hour.
Overall, our efforts in driving sustainability have contributed to CCT’s growth. Since CCT’s listing inMay 2004, it has grown its total deposited properties and market capitalisation from S$2.0 billion andS$1.1 billion respectively, to S$7.6 billion and S$5.2 billion respectively as at 31 December 2014. Inparticular, we achieved a distributable income of S$249.2 million and a DPU of 8.46 cents in financialyear 2014, bettering the previous year’s performance by 6.4% and 3.9% respectively.
Indeed, our green efforts are instrumental in shaping our sustainable practices and set a strongfoundation for a green mindset. As we forge ahead into the second decade of growth, we are lookingforward to further strengthening our sustainability efforts and engagement with our stakeholders toinfluence greater participation in green actions.
Lynette Leong Chin Yee
Chief Executive Officer
Sustainability Report
52 | CapitaCommercial Trust Annual Report 2014
INTRODUCTION
Corporate Profile
Listed on SGX-ST, CapitaCommercial Trust is Singapore’s premier commercial REIT and it is the
largest by market capitalisation as at 31 December 2014. We aim to own and invest in quality
income-producing properties and real estate-related assets in the commercial space.
About This Report
This report contains a full year’s data from 1 January to 31 December 2014 and covers CCT’s
properties and joint venture projects in Singapore, unless otherwise indicated. It is developed in line
with the Global Reporting Initiatives (GRI) G3.1 Guidelines. The GRI Index defines the reporting
elements and indicators that provide a comprehensive and balanced review of the Trust’s
sustainability disclosures. The framework driven report, first developed as part of our 2013 Annual
Report, is produced annually as part of the Trust’s annual report which can be downloaded from
www.cct.com.sg.
In an effort to enhance our policies, systems and results, we encourage our stakeholders to send
comments and suggestions concerning our sustainability disclosures to [email protected].
Sustainability Commitment
CCT is managed by the Manager and Property Managers. As wholly-owned subsidiaries of
CapitaLand, the Manager and Property Managers adopted the ethics and code of business conduct
upheld by CapitaLand that stem from its credo of “Building People. Building Communities.” The
sustainability policies guide decision making with regard to business strategies and the daily
operations of its commercial properties, and are aimed at raising the economic, environmental and
social well-being of its stakeholders.
Top Management Support and Staff Involvement
The CapitaLand Group spearheads initiatives in the areas of environment, social and governance,
helmed by CapitaLand’s Sustainability Management framework that comprises its Executive
Management Committee (EMC) which is led by the President & Group CEO with CEOs from the
various Strategic Business Units (SBUs). The latter are appointed as SBU Environmental, Health and
Safety (EHS) Champions responsible for the EHS performance within the business units.
The EMC receives support from CapitaLand’s Sustainability Steering Committee which oversees the
Environment Sustainability and Social Sustainability work teams. The work teams are made up of
representatives from the business units and are responsible for driving initiatives with support from
various departments.
CapitaLand’s Core Values
Respect
We believe in mutual trust and respect at all levels. This is fundamental to a high-performance culture
that embraces diversity and teamwork as One CapitaLand.
Integrity
We embrace the highest standards of integrity. We have the courage to do what is right, and earn the
trust of all our stakeholders.
Creativity
We constantly innovate to enhance value and stay ahead.
Excellence
We pursue excellence and persevere in everything we do.
Scaling New Heights | 53
Stakeholder Engagement
Stakeholder Objectives
Stakeholder
Needs/Interest
Selected Examples of
our Response
Employees Employer of choice 1. Regular engagement
2. Learning and
development
3. Fair and competitive
human resource
policies
4. Equitable system of
recognition and
rewards
5. Safe and healthy
working environment
1. Quarterly
communication
session by senior
management
2. Biennial Employee
Engagement Survey
(EES)
3. Focus on
occupational health
and safety
Investors Choice investment Long-term sustainable
distribution and total
returns
1. Proactive portfolio
and assets
management
2. Prudent capital
management
3. Committed to
corporate
governance
4. Disciplined approach
to acquisition
5. Identification and
mitigation of
environmental, health
and safety risks
Customers Landlord of choice 1. Reliable landlord
2. Quality and well-
maintained office
space
3. Safe working
environment
4. Positive customer
experience
1. Efficient design for
office space
2. Green Mark certified
buildings
3. Seven CCT buildings
conferred Fire
Excellence/Safety
awards from the
National Fire and
Civil Emergency
Preparedness
Council
4. Biennial customer
satisfaction survey
5. Tenants’ engagement
activities
6. Regular meet up
sessions with major
tenants
7. Quarterly newsletter,
your CapitaLetter
Sustainability Report
54 | CapitaCommercial Trust Annual Report 2014
Stakeholder Objectives
Stakeholder
Needs/Interest
Selected Examples of
our Response
Supply chain –
suppliers,
vendors,
contractors
1. A fair and
reasonable
employer of
goods and
services
2. Acquire
knowledge of
best industry
practices
1. Fair and reasonable
treatment
2. Recognition for
exceeding standards
in CCT properties
and projects
1. Customer feedback
system
2. Set up Standard
Operating
Procedures (SOPs)
for compliance
3. Work hand-in-hand
to handle
challenging
situations
4. Term contractor/
vendor evaluation
system
Business
Partners
Build joint ventures
to benefit from best
practices and expert
knowledge
1. Fair and reasonable
actions and dealings
2. Win-win partnerships
1. Regular meetings
2. Invited to corporate
and milestone events
Community Contribute to the
community we
operate in
Environmentally and
socially responsible
organisation
1. Customers and
employees
participation in
engagement events
2. Promote awareness
of environmental
sustainability through
the annual Eco Race
3. Introduce a charity
focus through the
annual Eco Race
4. Collect “Gifts of Joy”
for underprivileged
children during
Christmas
Scaling New Heights | 55
Focus Areas of Sustainability and the Assessment and Feedback Process
Governance Environment Social
Product
Responsibility
Annual general
meeting for
Unitholders
Conducted Enterprise
Risk Management
annually
Conducted internal
audit
Participation in
Investor Relations
Professionals
Association (IRPAS)
CapitaLand’s Green
Buildings Guidelines:
– Environmental
Impact & Universal
Design Assessments
(EIA & UDA)
– Building Information
Modelling (BIM)
Environmental
Tracking System
Continual pursuit to
upgrade Green Mark
certification for
properties
Trained employees to
be Green Mark facility
managers
ISO 14001 certified
Environmental
Management System
(EMS)
People
Quarterly
communication with
staff
Externally conducted
biennial Employee
Engagement Survey
OHSAS 18001
Certified
Occupational Health
& Safety (OHS)
Management System
Community
Annual CCT Eco
Race to promote
“green” awareness
Facebook for Eco
Race participants
Second edition of
“Gifts of Joy”
collection for
underprivileged
children
Customer satisfaction
survey on buildings
and services
Singapore Service
Class
Financial Performance
The Trust achieved strong financial results in 2014, as detailed in CCT Annual Report 2014. Please
refer to Financial Highlights, pages 1 to 3; Financial Review, pages 86 to 88; and Financial
Statements, pages 114 to 177.
GOVERNANCE
CCT’s management executes its policies and processes governed by the highest standards of
corporate governance and transparency in accordance to the Principles of the Code of Corporate
Governance 2012. This adherence to high standards of corporate conduct remains in the interests
of our Unitholders and is pivotal to the Trust’s continued success. Further details on our corporate
governance performance in 2014 can be found on pages 28 to 46 of the Annual Report.
Enterprise Risk Management (ERM)
As part of good corporate governance and resource management, CCT operates a proactive and
comprehensive ERM framework that enables the identification, communication and management of
risks and exposures through integrated, systematic and consistent methods. Decision-making and
business processes undergo prudent risk assessment as instituted by the Manager, thereby
enhancing risk awareness.
Sustainability Report
56 | CapitaCommercial Trust Annual Report 2014
Sustainability risks identified by the Trust include fraud and corruption risks, human capital risks and
property management risks. For further details on ERM, please refer to pages 47 to 49 of the Annual
Report.
ENVIRONMENT
Committed to environmental sustainability, CCT implements energy efficient practices, resource
conservation, waste management and innovative technologies in its buildings, thereby creating value
for stakeholders while enhancing its green footprint.
At CCT, it is the responsibility of each employee to lower the environmental footprint and report
environmental issues such as complaints and non-compliances. Employees are enabled in their
sustainability efforts by the CapitaLand Sustainability Structure, while the ISO 14001 certified EMS
ensures accountability.
Environmental Issues
The Sustainability Steering Committee manages the key environmental issues that affect business
strategy and operations. The Property Managers and Manager of CCT proactively seek to raise
operational efficiency by conserving resources, lowering greenhouse gas emissions and reducing
waste. The Trust adheres to CapitaLand’s Green Buildings Guidelines which safeguards
environmental factors throughout the stages of a property’s life cycle, whether it is undergoing
development or asset enhancement.
In 2014, the environmental protection expenditure for operational properties due to ISO 14001 and
OHSAS 18001 certification was maintained at about S$8,000. This is similar to 2013 as the
certification is an annual exercise. For property under construction, CapitaGreen’s consultancy fee
of S$0.5 million for Green Mark certification has been incurred progressively since 2011 and is
expected to be fully expensed in 2015.
Key
Environmental
Issues Targets Performance for 2014
Operational
Efficiency
• Using 2008 as the base
year to reduce energy and
water usage psm by 15%
by 2015 and 20% by 2020.
• Achieved 17.7% and 18.8%
reduction in energy and water
usage psm respectively.
Resource
Consumption
Management
• All new development
projects to meet Green
Mark Platinum certification.
• Achieved Green Mark Platinum
for CapitaGreen.
• To achieve Green Mark
certification for all CCT
properties.
• Achieved Green Mark GoldPLUS
and above certification for 67%
of CCT properties. Achieved
Green Mark certification for all
CCT properties except for Bugis
Village (No appropriate criteria
under current Green Mark
categories).
Scaling New Heights | 57
Key
Environmental
Issues Targets Performance for 2014
Stakeholder
Engagement
• Organise outreach activities
to promote and engage
stakeholders in
sustainability efforts.
• Organised third Eco Race to
advocate carbon monitoring and
offsetting to participating
tenants.
• Participated in i Light Marina
Bay and WWF’s Earth Hour 2014.
Supply Chain
Management
• Appoint contractors and
service providers who
comply with local
government and other legal
requirements.
• Appoint ISO 14001 and
OHSAS 18001 certified main
contractors or OHS legal
compliance on site.
• Give preference to OHSAS
18001 certified vendors/
suppliers; non-OHSAS
18001 certified vendors/
suppliers encouraged to
achieve certification of
BizSAFE Level 3 and above.
• For CapitaGreen, the main
contractor is both ISO 14001
and OHSAS 18001 certified.
• Non-certified OHSAS 18001
certified vendors/suppliers
engaged by CCT are minimally
BizSAFE Level 3 and above.
Energy Consumption
CCT has set a target to reduce its energy usage per square metre for its portfolio by 15% by 2015
from baseline year 2008, and to achieve a 20% reduction by 2020. The Trust employs an
Environmental Tracking System to monitor the electricity consumption for operational properties,
which was 38,827,998 kilowatt hour (kWh) for 2014. We achieved savings of 17.7% psm across our
portfolio, exceeding the target of 15% by 2015.
For property under construction, CapitaGreen’s direct energy consumption through diesel usage for
2014 was 520,674 litres, while indirect energy consumption through electricity usage measured
878,640 kWh. The development’s increases in electricity consumption from 2013 correspond with
heightened construction activity at the site as the project nears completion. CapitaGreen obtained its
TOP on 18 December 2014.
Energy Efficiency
CCT tracks and reduces energy consumption across its properties through energy efficiency
measures and controls. To conserve energy and raise efficiency, existing chillers and cooling tower
fans were upgraded with variable speed drives or optimised while chilled water and condenser water
pumps were upgraded. Other efforts include the introduction of auto tube cleaning system for chillers
and energy efficient light fittings for car parks.
Sustainability Report
58 | CapitaCommercial Trust Annual Report 2014
During the year, CCT supported i Light Marina Bay 2014, Asia’s biennial sustainable light art festival
that encourages buildings in the vicinity to conserve energy during the festival. Twenty Anson, One
George Street and Wilkie Edge participated in the event which ran from 7 to 30 March. The Trust also
supported Earth Hour 2014 on 29 March with 10 properties joining the effort. Although it was under
construction at the time, CapitaGreen also observed Earth Hour by turning off all non-essential lights.
Annual Electricity Saving1
(psm)
TARGET (Using 2008 as the base year)
15% BY 2015
4.7%
8.9%
11.8%
14.8%17.7%
2010 2011 2012 2013 2014
Annual Electricity Consumption y-o-y
(’000 kWh)
40,837 40,178 38,828
51 580879
2012 2013 2014
Operational properties
2012 cumulative GFA: 3.9 million sqm
2013 cumulative GFA: 4.0 million sqm
2014 cumulative GFA: 4.0 million sqm
Property under construction
1 Raffles City Tower’s data is included from 2012 onwards.
Scaling New Heights | 59
CapitaGreen: New Milestones in Construction, Sustainability and Design
CapitaGreen marked its completion with the receipt of its TOP on 18 December 2014. The
development was accelerated by innovative construction solutions that reduced construction
time to 36 months instead of the usual 40 months. These included the use of larger piles in the
foundation and a top-down construction method that allowed the three-storey basement car
park and the 40-storey super structure to be built concurrently. In addition, the building is the
first in Singapore to use Supercrete, an ultra high-strength concrete, which saved both energy
and manpower.
The iconic 40-storey Grade A office development represents a new achievement in CCT’s focus
on sustainable buildings, with a range of modern eco-friendly features – from energy-efficient
glass on the facade to efficient chillers and rainwater harvesting systems.
At the same time, the building incorporates a universal design that ensures ease of access and
way–finding for customers. In addition to an advanced lift system, art installations as visual cues
for better navigation as well as family-friendly and handicapped-friendly features facilitate
mobility and efficiency. CapitaGreen also features an underground pedestrian network that
enhances accessibility to the surrounding areas for tenants and the public regardless of
weather conditions.
For its achievements in sustainability and design, CapitaGreen was awarded BCA’s Green Mark
Platinum certification in 2012 and Universal Design Mark GoldPLUS (Design) in 2013.
Water Consumption
The majority of water consumed at CCT properties is distributed by PUB, Singapore’s national water
agency. CCT also uses recycled water in cooling towers and sprinklers systems in our operational
properties to lower water consumption. Total water consumption for operational properties and
property under construction in 2014 was 440,634 m3. Recycled water consumed by some of the
operational properties accounted for 148,755 m3 or about 40% of total water used in 2014.
We attained water consumption savings of 18.8% psm from our operational properties, with 2008 as
the base year. The main reason for the lower water consumption savings achieved in 2014 compared
to 2013 was the record-breaking dry spell that lasted from mid-January to mid-March 2014. More
water had to be purchased from PUB to maintain the daily activities in CCT’s properties during the
period. Nonetheless, the savings of 18.8% psm for operational properties has exceeded the target
of 15% by 2015.
Water Efficiency
Apart from the use of recycled water in the cooling towers and sprinkler systems in our properties,
we also installed rain water storage tanks at Six Battery Road, Wilkie Edge, Golden Shoe Car Park
and CapitaGreen, where rain water collected is used in irrigation, condenser tubes cleansing and
hi-jetting of car park decks and ramps, among others. In the recent AEI at Capital Tower, a water
sub-meter was installed at the cooling tower and linked to the building management system for leak
detection. These initiatives help ensure water efficiency as they control and monitor water
consumption.
Sustainability Report
60 | CapitaCommercial Trust Annual Report 2014
Annual Water Saving1
(psm)
TARGET (Using 2008 as the base year)
15% BY 2015
7.8%
15.3%
24.7%
21.7%
18.8%
2010 2011 2012 2013 2014
Higher Total Water Consumption y-o-y
(’000 m3)
339 358 372
38
53
69
2012 2013 2014
Operational properties
2012 cumulative GFA: 3.9 million sqm
2013 cumulative GFA: 4.0 million sqm 2014 cumulative GFA: 4.0 million sqm
Property under construction
1 Raffles City Tower’s data is included from 2012 onwards.
Scaling New Heights | 61
Stable Recycled Water Consumption y-o-y
(’000 m3)
130
150 149
2
3 2
2012 2013 2014
Operational properties
− Capital Tower, Six Battery Road,
One George Street and Raffles City Tower
Property under construction
Greenhouse Gas Emission
During the year, we reduced total greenhouse gas emissions by 3% psm, from 20,0891 tonnes in 2013
to approximately 19,414 tonnes in 2014. This was achieved by improving energy efficiency at the
operational properties, optimising the use of equipment as well as upgrading and replacing existing
equipment. In addition, we have introduced electric vehicle charging stations for electric vehicles in
Capital Tower, Six Battery Road, One George Street and CapitaGreen to encourage car owners to go
green and reduce resource depletion and air pollution. In addition, indirect emissions from air
transport of employees for business activities saw a decline to about 31,793 kg, translating to 40%
reduction from 2013.
Waste Management
Of the nine operational properties in the CCT portfolio, waste data is only collected for seven
properties as not all waste collectors are able to furnish the recycled waste collected as requested.
CCT engages licensed contractors such as SembWaste to conduct waste collection and disposal for
the seven properties. Non-recyclable waste amounted to about 2,555 tonnes in 2014 compared to
2,361 tonnes in 2013. Recyclable waste was higher at 61.0 tonnes in 2014 compared to 2013’s 45
tonnes and comprised paper (55.6 tonnes), metal (0.5 tonnes) and others (4.9 tonnes). The increases
are due to the addition of Six Battery Road and Wilkie Edge whose waste consumptions were not
tracked in 2013. Non-recyclable waste comprising food and construction materials generated by
CapitaGreen was 9,881 tonnes and the total amount of paper recycled was about 1.2 tonnes. The
increases were in line with the rise in manpower and construction activity on site. Stakeholders are
encouraged to reduce, reuse and recycle waste. Recycling bins are installed across the Trust’s
operational properties for such efforts.
Resource Consumption Management
Green-rated buildings are more resource efficient to construct, operate and maintain, thus making
their targets ideal benchmarks to gauge effective resource consumption management. Given that all
CCT properties reside within Singapore, the Trust adopts the Green Mark Certification administered
by the BCA as a standard.
1 Figure has been restated
Sustainability Report
62 | CapitaCommercial Trust Annual Report 2014
CapitaLand is committed to ensuring its existing portfolio attain at least a Green Mark certification by
2020, in accordance with Singapore’s Green Building Master Plan. CCT is aligned with this
commitment. All our eligible properties have been awarded the minimum of a Green Mark
certification, and we aim to improve on this to achieve Green Mark GoldPLUS across our portfolio. To
date, nine of CCT’s properties have received a total of 10 awards, with 67% of our properties attaining
GoldPLUS and above.
Sustainability Standards
Green Mark Award
CapitaGreen (obtained TOP on 18 December 2014) Platinum
Six Battery Road Platinum
Twenty Anson Platinum
Capital Tower Platinum
Six Battery Road Tenant Service Centre GoldPLUS (Office Interior)
One George Street GoldPLUS
Raffles City Singapore Gold
Wilkie Edge Gold
Golden Shoe Car Park GoldPLUS
HSBC Building Certified
Other Awards
CapitaGreen (obtained TOP on 18 December 2014) UD Mark GoldPLUS (Design)
Stakeholder Engagement
CCT leverages diverse communication channels and programmes to engage its stakeholders and
drive key environmental messages.
In furthering the environmental cause, CCT formed a “Green” team to share CapitaLand’s green
efforts, discuss methods to create environmentally friendly-offices and recommend tips to encourage
eco-friendly behaviour. Aimed at raising awareness among tenants on sustainability and responsible
green conduct, a four-panel mobile exhibition showcasing CCT’s green buildings and examples of
green actions was put on display at the lobbies of the Trust’s properties.
Scaling New Heights | 63
A Multi-faceted Engagement Approach on Environmental Issues
CCT adopts an all-encompassing approach to connect with its tenants through a wide range of
activities. One major event is the annual CCT Eco Race – CCT’s flagship initiative that is
designed to heighten awareness on environmental issues and sustainable practices.
Recognising that tenants contribute to almost half of a building’s total energy consumption, the
Trust aims to encourage them to lower consumption so as to improve each building’s total
energy performance. In the race’s Facebook, suggestions of simple green actions that one can
easily do in the office were offered to tenants.
Our third annual Eco Race took place in 2014 with BCA supporting us as an event partner for
the second year. The CCT Eco Race attracted 300 participants comprising tenants, BCA staff
and CapitaLand employees. The event was highlighted in the Global Real Estate Sustainability
Report 2014 as an innovative example of tenant engagement in Asia. This report is issued by
GRESB, an industry-driven organisation committed to assessing the sustainability performance
of real-estate portfolios and are relied upon by institutional investors to improve the
sustainability performance of their investments.
CCT also takes a serious view of EHS threats and maintains high vigilance at all times. The
Property Manager instituted precautionary measures and Standard Operating Procedures
(SOPs) to safeguard staff and tenants against severe haze conditions. These included the
distribution of N95 masks to all CCT tenants in June 2014; the closure of sky gardens, outdoor
terraces and automatic doors when PSI levels exceed 150; the installation of additional filters in
the air handling units and other ventilation systems; and the placement of haze kits at each
building’s concierge, tenant service centre and fire command centre. Tenants were informed of
the precautionary measures via a circular.
Addressing the threat of the Ebola epidemic, CCT purchased recommended personal
protection equipment and adjusted existing SOPs to better manage the threat. The latter
includes screenings for visitors at the main entrances of all its buildings should the need arise.
Aimed at better preparing staff, test drills were carried out with the service providers at a few
CCT properties.
PEOPLE
The cornerstone of CCT’s success is its people. Although the Trust does not have employees, the
staff of the Manager and Property Managers form our headcount.
Human Capital
CCT has aligned its processes according to the principles of fair employment and equal
remuneration outlined by CapitaLand. CapitaLand has undertaken the Employers Pledge with the
Tripartite Alliance for Fair Employment Practices on behalf of the Group and adheres to five key
principles of fair employment:
• Recruit and select employees on the basis of merit, such as skills, experience and ability,
regardless of age, race, gender, religion or family status.
• Treat employees fairly and with respect and implement progressive human resource
management systems.
• Provide employees with equal opportunities for training and development based on their
strengths and needs to help them achieve their full potential.
Sustainability Report
64 | CapitaCommercial Trust Annual Report 2014
• Reward employees fairly based on their ability, performance, contribution and experience.
• Abide by labour laws and adopt Tripartite Guidelines which promote fair employment practices.
In 2014, there was no reported incidence of discrimination or human rights violation.
Workplace Diversity
CCT complies with CapitaLand’s policies on non-discriminatory employment practices. All job
opportunities are advertised in the public space via online job portals and newspapers in order to
attract the best talents. Selections are made solely on the basis of skill and abilities without regard
to age, gender, ethnicity or religion.
In 2014, permanent employees formed the majority of our workforce with less than 1% of staff working
on a part-time basis. By tracking manpower movement, we assessed that staff turnover for the year
was 11.7% compared to 10% in 2013. Every employee has to give minimum one month’s notice prior
to resigning. During the year, we retained 100% of male and female employees who went on parental
leave.
Work-life Balance
Our human resource (HR) policies are aimed at achieving a better work-life balance by allowing
employees flexibility in their work arrangements. Employees can opt for flexible hours, job sharing or
part-time work when it suits the job profile.
We also have a flexible benefits scheme which gives employees access to annual health screenings
and free flu vaccinations.
Learning & Development
Learning and development is an integral part of our organisational environment. Our CEO and
corporate Heads of Department meet on a monthly basis to identify and manage learning and
development, career planning and HR concerns.
About 3% of the 2014 payroll is allocated to the learning and development of employees, which
involved certified skills training programmes and personal development courses, as well as industry
seminars and conferences. Over the calendar year, 100%1 of employees joined in a minimum of one
learning event, with an average of 63.2 hours spent on training per employee. This is an improvement
of 32.2% compared to the average learning hours of 47.81 in 2013, reflecting our commitment
towards learning and development of employees. There is also a provision for full-time employees to
receive a maximum of 10 days of paid examination leave in a calendar year to sit for examinations
for sponsored or relevant training courses supported by the company.
In 2014, a group of employees under the Property Manager was selected to undergo a customised
training programme to enhance their communication skills in order to discharge their duties more
effectively.
1 Figures have been restated
Scaling New Heights | 65
Trend of Average Learning Hours Per Employee – from 2010 to 2014
42.4
53.4 53.5
47.8
63.2
2010 2011 2012 20131
2014
Employee Mix by Gender
(%)
44% 44% 47%
56% 56% 53%
20121
20131
2014
Female Male
Employee Diversity by Age
(%)
About 59% of the employees are in the age groups of 30-49 years old
9% 7%
13%
24% 26%
22%
39% 37%37%
28% 30%
28%
2012 20131 2014
< 30 30 - 39 40 - 49 ≥ 50
1 Figures have been restated
Sustainability Report
66 | CapitaCommercial Trust Annual Report 2014
Employee Length of Service
(%)
More than 65% of the employees are working for more than 5 years with the company
9% 7%
12%
17% 16%
22%
47% 49%
39%
27% 28% 27%
2012 20131
2014
< 1 year 1 - <5 years 5 - <10 years ≥ 10 years
1
Rewarding Performance
To drive performance, CapitaLand’s total reward approach includes competitive compensation and
benefits, employee development and the creation of a positive work environment.
Our pay-for-performance policy supports a remuneration package that is benchmarked based on
total compensation. Employees participate in setting their performance goals for both team and
individual levels – an approach that clearly defines expectations of both performance and
compensation. All staff have access to regular performance feedback.
Legal Compliance
CCT complies with the provisions of the Singapore Government Central Provident Fund and
subscribes to the Flexible Benefits scheme. Under the latter, we provide a number of facilities
including personal accident insurance, group medical insurance, health screenings and free flu
vaccinations. CCT adheres to legislations concerning the welfare and rights of our employees.
Anti-Corruption Policy
The Manager and Property Managers exercise utmost integrity across the operations and in their
business conduct through a policy of strict financial discipline and zero tolerance for corruption,
while ensuring their functions and responsibilities are executed to the highest standards.
The Operation Compliance Unit (OCU) identifies and reviews common risks across the Group and
proposes improvements to business operations to circumvent bribery and corruption. The Manager’s
Operations Compliance Working Committee and Audit Committee receive quarterly reports on
business malpractice and investigates them, dealing stringently with offenders. Gaps in business
processes are also fixed.
Additionally, OCU conducts a Bribery and Corruption Risk Assessment involving all SBU
management across the Group to assess risks in business processes and execute strategies to
mitigate them.
1 Figures have been restated
Scaling New Heights | 67
Our stringent anti-corruption policy is disseminated to staff and partners throughout the supply chain
via a comprehensive system. All service contracts and agreements with our suppliers and partners
contain mandatory anti-corruption clauses. All employees are given an email address to which they
can report any irregularities or business malpractice. Our policies and procedures on Business
Malpractice Incidents (BMIs) Reporting allow line and functional managers to report suspicious
behaviour directly to the CEO.
It is mandatory for every new hire to attend the CapitaLand Immersion Program (CIP) – a group-wide
programme organised by CapitaLand aimed at inculcating the core values and principles that direct
the Group’s operations. Anti-corruption policies and procedures is a compulsory module in the
programme that is conducted by the OCU. In 2014, 100% of all new employees of the Manager and
Property Managers attended the CIP. There were no cases of corruption reported during the year.
All employees have to attend the course, CapitaDNA: Strengthening Core Values, which is designed
to give them insights into the application of the core values in their respective work areas.
Staff Engagement
CCT values open communication. It exercises an open door policy that emphasises fair reviews and
efficient responses to employment concerns including workplace harassment, grievance handling
and whistleblowing.
Employees are able to highlight issues and share suggestions directly with HR or management via
a range of communication channels. The quarterly communication session is one such forum through
which SBU and CCT’s CEO and management team update employees on business results and
operational issues while addressing their work concerns.
Employees are updated on the Group’s recent developments through the quarterly e-newsletter,
“i-Connect”, while the CapitaLand intranet portal offers information on employment, benefits, ethics
and corporate governance. We ensure that employees receive adequate guidance, coaching and
counselling on career development and leadership. This is covered by the CapitaLand Counselling
and Advisory Panel (CAP) which consists of experienced leaders within the Group.
CapitaLand engages an independent consultancy firm to carry out a biennial Employee Engagement
Survey (EES) with the aim of assessing the commitment level and perception of the company among
staff. The last survey was conducted in 2012 and the next survey will be in 2015. Some of the
improvements arising from the findings of the previous surveys included regular feedback sessions
with management through various platforms, improving working conditions with flexible work
arrangements as well as career development opportunities through periodic reviews of job load and
job fit. Staff is selected to participate in focus groups to stretch their potential and develop other
competency levels.
Business Continuity
With the potential threats of natural disasters, epidemics, terrorism and information systems failure,
CCT has instituted a Business Continuity Plan (BCP) to mitigate risks of interruption and ensure rapid
recovery in the event of a crisis. Benchmarked to global and industry best practices, the BCP
facilitates the continued function of core business operations, limits financial and reputational
damage and shields our tenants from the negative effects of a disruption. The BCP adheres to
relevant laws and regulations.
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Occupational Health & Safety (OHS)
CapitaLand’s OHS Management System forms the foundation for CCT’s approach to workplace
safety, and is certified against the international OHSAS 18001 OHS Management System, with the
following commitments:
• Reduce occupational injury rates with the aim to achieve zero harm
• Meet or exceed OHS legal requirements
• Provide a robust OHS Management System
• Promote a culture of individual ownership and responsibility for OHS management
• Seek proactive support and participation from CapitaLand’s stakeholders including top
management, employees, contractors, suppliers and tenants
• Drive continuous improvement in OHS performance
To ensure quick response to an epidemic outbreak, CCT has in place a series of procedures as well
as an emergency response team on-call 24 by 7. The HR department regularly updates employees
with medical advice and travel alerts.
2014 saw an absentee rate of seven days compared to 6.2 days in 2013. There were three reported
incidents of work-related injuries in 2014 compared to none in 2013. The staff affected have since
resumed work and new SOPs and safety measures have been put in place to prevent recurrences.
COMMUNITY
CapitaLand believes that every business requires the community’s support for its continued success.
In contributing to community development. CapitaLand Hope Foundation (CHF) is established as a
philanthropic arm of CapitaLand, to take care of the needs of underprivileged children. CCT partners
CHF in corporate philanthropy and support our staff in participating in community development
initiatives as volunteers and collect funds through various activities. We embrace sustainable
business practices in our properties and continue to raise our stakeholders’ awareness of
sustainability through activities and communication channels.
Corporate Philanthropy
Donations
On 27 September 2014, CCT organised the CCT Eco Race to promote awareness of environmental
sustainability and raise funds for the underprivileged children of TOUCH Community Services. Some
300 participants from 30 organisations took part in the event which saw them race to complete eight
game stations around the Central Business District. The registration fee of S$10 per participant was
matched dollar for dollar by CHF and donated to the TOUCH Community Services to support the
education of its beneficiaries. The total amount donated from this initiative was S$5,930.00.
Employee Volunteerism
More than monetary donations, CHF encourages CapitaLand employees to participate in initiatives
that benefit the community. All staff are encouraged to volunteer for community service projects
through special schemes such as Volunteer Service Leave for up to three days, Volunteer No Pay
Leave and Volunteer Part-Time Work Arrangement. The latter two schemes allow employees longer
periods away from the office to join in CapitaLand’s 2014 community development projects.
In 2014, 25% of CCT employees spent 421 working hours volunteering in community development
projects – a improvement of 4% over the previous year and a testament to the strong spirit of altruism
within the Trust. Each volunteer who uses all three days of Volunteer Service Leave can select a
registered Singapore-based children’s charity to which CHF will donate S$500.00.
Scaling New Heights | 69
CCT also partnered its tenants from five office buildings through the “Gifts of Joy” programme. The
charity drive saw the collection of 980 gifts which went to 480 children and youth beneficiaries of
Beyond Social Services. CapitaLand staff and CCT tenants formed a team of 120 volunteers who
spent two and a half days wrapping the items and distributing them to the homes of the beneficiaries.
This was the first year that tenants were invited to volunteer with us.
Tenant Engagement
We value our tenants as important business partners who contribute to our progress. With their
continued support, CCT is able to achieve its goals across the triple bottomline of people, planet and
profit.
Tenant Appreciation
In expressing our gratitude to our tenants for their support, we engaged the services of Jessie Lim,
a well-known local ceramic artist, to handcraft a unique range of fine porcelain bowls that each tenant
receives as a lease anniversary gift.
Treats are another avenue through which the Trust engages its tenants. The half-yearly engagement
saw tenants receive healthy treats such as bottles of Yakult in May and Nature Valley granola bars in
November. In celebration of CCT’s 10th anniversary, tenants across nine properties also received a
cable charger for mobile devices in May.
Going Green
CCT consistently involves tenants in its sustainability and environmental conservation efforts. The
third Eco Race organised in September 2014 drew participation from 30 tenant organisations. Then
during the Christmas season, the Trust rallied its tenants across six CCT properties to collect some
200 used plastic bottles. These were transformed into an aerial artwork named Anemone by students
from LASALLE College of the Arts and displayed at Wilkie Edge as the centerpiece of its festive
decorations.
The Trust is also a supporter of electric vehicles. In partnership with BMW Group Asia, it installed
electric vehicle public charging stations at five CCT properties, namely, Capital Tower, Six Battery
Road, One George Street, Raffles City Singapore and CapitaGreen. This move benefits CCT tenants
as well as the working community and visitors to the area.
PRODUCT RESPONSIBILITY
In the business of providing service and business space, CCT places keen emphasis on operational
excellence and product responsibility. To this end, we embark on AEIs to ensure premium work
environments. At the same time, we streamline processes and augment customer experience through
IT platforms. Our efforts provide easy access to our products and services, thereby driving
productivity and allowing our tenants to focus on their core businesses.
CCT adheres to CapitaLand’s OHS Management System to secure the health and safety impacts of
a building at the different stages of its life cycle.
Useful Enhancements
Works Promoting Efficiency and Security
AEIs are part of a business strategy through which CCT secures competitive edge and incorporates
innovative features such as security turnstiles, self-registration kiosks and Destination Control
System (DCS) for the lift system into its buildings. Both tenants and their guests benefit from the
enhanced arrival experience and improved building security. In addition, the DCS reduces waiting
and travelling time for lifts by efficiently distributing passengers to selected lifts based on the floors
they want to visit, resulting in fewer interval stops for every lift user. Such innovative features have
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been successfully implemented in the recent AEIs at Capital Tower and Twenty Anson. Moving
forward, innovation will be key consideration for CCT in new development projects as well as
enhancing the quality of existing properties. CapitaGreen is a beneficiary of some of these features
which were introduced at the design and development stage. Please refer to pages 60, 93 and 94 of
the Annual Report.
Online Car Park System
Implemented in 2013, the online car park system allows customers to make parking-related
transactions efficiently and conveniently. With the customers’ needs in mind, existing processes were
streamlined and simplified before the system was designed and developed. Currently, the system is
well-utilised by customers and new features to give customers more flexibility are being introduced.
In 2014, Capital Tower also came under the purview of this service. Moving forward, CapitaGreen’s
tenants are set to benefit from the system which, when it is put into service, will allow tenants the
choice of parking at CapitaGreen or Golden Shoe Car Park. It will also introduce Corporate Account
which features more self-help functions to facilitate the convenient planning and execution of tasks
by the tenant company administrator. The features of this system include:
• Additional payment mode by Bank Transfer
• Creation of multiple roles to facilitate communications/coordination within the tenant company
• Ability to apply and cancel multiple season parking space
• Viewing of payment history and retrieval of invoices
• Receipt of tax invoice via email upon successful payment
• Viewing and tracking of “entitled lots”
Customer Satisfaction
CCT relies on innovation to enhance customer experience and provide high quality office space that
caters to modern business needs. The Trust constantly reviews and introduces new initiatives to raise
customer experience, and values customer satisfaction as a key indicator of the quality of its portfolio
and services.
Focusing on Customer Centricity
Further strengthening its commitment towards delighting customers, the Trust saw the creation of a
Customer Experience Management team in 2014 – to focus on the overarching customer experience
framework and shaping of key experiences based on an understanding of customers’ needs and
expectations. Multiple projects to innovate and improve existing offerings and experiences were then
piloted by a Service Excellence taskforce. The members of the taskforce, from diverse functions and
backgrounds, come together to generate ideas and combine expertise to fulfill the customer-centric
objectives.
Building up Service Capabilities
With a better understanding of our customers’ expectations, an EQ Communications training
programme was designed and conducted in 2014 for a selected group of employees under the
Property Manager. With enhanced communication skills, they are more effective and better equipped
to meet and exceed our customers’ expectations.
Gathering Customer Insights
To understand our customers better, insights are gathered through different listening posts, including
surveys, one-on-one interviews, and customer research. These insights are used for shaping of
customer experiences, decision making, validating or innovating products and services, so as to
improve our performance and strengthen our position not only as a landlord of choice but also as the
preferred business partner.
Scaling New Heights | 71
In 2014, we conducted one-on-one interviews with a select group of customers involving key
decision-makers. The interviews included questions on engagement, customer needs and service
level, among others. An annual survey was also conducted with customers at our properties to
monitor the quality of the amenities and facilities across our portfolio.
On a biennial basis, an in-depth customer survey is conducted to determine the various aspects of
our properties that generate customer loyalty and strategic improvement. The exercise also
measures the Trust’s performance in meeting customer expectations in service delivery while
assessing the competitive strengths and weaknesses of each factor so as to allocate resources
effectively. In 2013, we achieved an eQ Index of 75 out of a total score of 100 in accordance with
Nielsen’s Customer eQ model which is above the industry average of 73. The next survey will be
conducted in 2015.
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GRI INDEX
Indicator Description Cross Reference/Direct Answer
Strategy and Analysis
1.1 Statement from senior decision-maker CEO’s Message (pg 52)
1.2 Description of key impacts, risks and opportunities Governance (pg 28-46)
Enterprise Risk Management (pg 47-49)
Organisational Profile
2.1 Name of the organisation Corporate Profile (Inside front cover)
2.2 Primary brands, products, and/or services. Corporate Profile (Inside front cover)
2.3 Operational structure of the organisation, including
main divisions, operating companies, subsidiaries
and joint ventures.
Trust Structure (pg 5, 26)
Organisation Structure (pg 5)
2.4 Location of organisation’s headquarters. Corporate Information (Inside back
cover)
2.5 Number of countries where the organisation operates,
and names of countries with either major operations
or that are specifically relevant to the sustainability
issues covered in the report.
Corporate Profile (Inside front cover)
2.6 Nature of ownership and legal form. Corporate Profile (Inside front cover)
2.7 Markets served (including geographic breakdown,
sectors served, and types of
customers/beneficiaries).
Corporate Profile (Inside front cover)
2.8 Scale of the reporting organisation Corporate Profile (Inside front cover)
2.9 Significant changes during the reporting period
regarding size, structure, or ownership
Year in Brief 2014 (pg 27)
2.10 Awards received in the reporting period. Letter to Unitholders (pg 9)
Report Parameters
3.1 Reporting period About this Report (pg 53)
3.2 Date of most recent previous report (if any) CEO’s Message (pg 52)
About this Report (pg 53)
3.3 Reporting cycle (annual, biennial, etc.) About this Report (pg 53)
3.4 Contact point for questions regarding the report or its
contents.
About this Report (pg 53)
3.5 Process for defining report content. About this Report (pg 53)
3.6 Boundary of the report (e.g. countries, divisions,
subsidiaries, leased facilities, joint ventures,
suppliers).
About this Report (pg 53)
3.7 State any specific limitations on the scope or
boundary of the report
About this Report (pg 53)
3.8 Basis for reporting on joint ventures, subsidiaries,
leased facilities, outsourced operations, and other
entities that can significantly affect comparability
from period to period and/or between organisations.
About this Report (pg 53)
Scaling New Heights | 73
Indicator Description Cross Reference/Direct Answer
3.9 Data measurement techniques and the bases of
calculations, including assumptions and techniques
underlying estimations applied to the compilation of
the Indicators and other information in the report.
Explain any decisions not to apply, or to substantially
diverge from, the GRI Indicator Protocols.
Environment (pg 57-62)
People (pg 64-69)
Product Responsibility (pg 70-72)
3.10 Explanation of the effect of any restatements of
information provided in earlier reports, and the
reasons for such re-statement
(e.g.mergers/acquisitions, change of base
years/periods, nature of business, measurement
methods).
Environment (pg 62)
People (pg 65-67)
3.11 Significant changes from previous reporting periods
in the scope, boundary, or measurement methods
applied in the report.
CEO’s Message (pg 52)
About this report (pg 53)
3.12 Table identifying the location of the Standard
Disclosures in the report.
GRI Index (pg 73-78)
3.13 Policy and current practice with regard to seeking
external assurance for the report.
None
Governance, Commitment and Engagement
4.1 Governance structure of the organisation, including
committees under the highest governance body
responsible for specific tasks, such as setting
strategy or organisational oversight.
Corporate Governance (pg 28-46)
Enterprise Risk Management (pg 47-49)
Investor Relations (pg 50-51)
4.2 Indicate whether the Chair of the highest governance
body is also an executive officer.
Board of Directors (pg 16,17-23)
Corporate Governance (pg 31-32)
4.3 For organisations that have a unitary board structure,
state the number and gender of members of the
highest governance body that are independent
and/or non-executive members.
Board of Directors (pg 16, 17-23)
Corporate Governance (pg 31-32)
4.4 Mechanisms for shareholders and employees to
provide recommendations or direction to the highest
governance body.
Sustainability Commitment (pg 53)
Stakeholders Engagement (pg 54-55)
Environment (pg 57-64)
People (pg 64-69)
Community (pg 69-70)
Product Responsibility (pg 70-72)
4.5 Linkage between compensation for members of the
highest governance body, senior managers, and
executives (including departure arrangements), and
the organisation’s performance (including social and
environmental performance).
Letter to Unitholders (pg 6-9)
Corporate Governance (pg 35-37)
Environment (57-64)
People (pg 64-69)
4.6 Processes in place for the highest governance body
to ensure conflicts of interest are avoided.
Corporate Governance (pg 28-46)
4.7 Process for determining the composition,
qualifications, and expertise of the members of the
highest governance body and its committees,
including any consideration of gender and other
indicators of diversity.
Board of Directors (pg 16, 17-23)
Corporate Governance (pg 31-34)
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Indicator Description Cross Reference/Direct Answer
4.8 Internally developed statements of mission or values,
codes of conduct, and principles relevant to
economic, environmental, and social performance
and the status of their implementation.
Corporate Profile (Inside front cover)
Sustainability Commitment (pg 53)
Environment (pg 57-64)
People (pg 64-69)
Community (69-70)
Product Responsibility (70-72)
4.9 Procedures of the highest governance body for
overseeing the organisation’s identification and
management of economic, environmental, and social
performance, including relevant risks and
opportunities, and adherence or compliance with
internationally agreed standards, codes of conduct,
and principles
Introduction (pg 53)
Corporate Governance (pg 36-38)
Enterprise Risk Management (pg 47-49)
Environment (pg 57)
People (pg 64-69)
Community (pg 69)
4.10 Processes for evaluating the highest governance
body’s own performance, particularly with respect to
economic, environmental, and social performance.
Corporate Governance (pg 33-34)
4.11 Explanation of whether and how the precautionary
approach or principle is addressed by the
organisation.
Corporate Governance (pg 36-40)
Enterprise Risk Management (pg 47-49)
Environment (pg 57, 64)
People (pg 64-69)
4.12 Externally developed economic, environmental, and
social charters, principles, or other initiatives to
which the organisation subscribes or endorses.
Stakeholder Engagement (pg 54-55)
Environment (pg 57-58)
People (pg 64-69)
4.13 Memberships in associations (such as industry
associations) and/or national/international advocacy
organisations in which the organisation: * Has
positions in governance bodies; * Participates in
projects or committees; * Provides substantive
funding beyond routine membership dues; or * Views
membership as strategic.
Represented by CapitaLand Limited in
various government agencies and non-
government organizations.
4.14 List of stakeholder groups engaged by the
organisation.
Stakeholder Engagement (pg 54-55)
4.15 Basis for identification and selection of stakeholders
with whom to engage.
Stakeholder Engagement (pg 54-55)
4.16 Approaches to stakeholder engagement, including
frequency of engagement by type and by stakeholder
group.
Stakeholder Engagement (pg 54-55)
Focus Areas of Sustainability (pg 56)
4.17 Key topics and concerns that have been raised
through stakeholder engagement, and how the
organisation has responded to those key topics and
concerns, including through its reporting.
Stakeholder Engagement (pg 54-55)
Focus Areas of Sustainability (pg 56)
Environment (pg 57, 63-64)
Community (pg 69-71)
Economic Performance Indicators
EC1 Information on the direct economic value generated
and distributed has been provided.
Financial Performance (pg 1-3, 86-88,
114-177)
EC3 Coverage of the organisation’s defined benefit plan
obligations.
People (pg 67)
EC4 Significant financial assistance received from
government.
No significant financial assistance
received from the government.
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Indicator Description Cross Reference/Direct Answer
EC8 Development and impact of infrastructure
investments and services provided primarily for
public benefit through commercial, in-kind, or pro
bono engagement.
Environment (pg 60)
Environmental Performance Indicators
EN3 Direct energy consumption by primary energy
source.
Environment (pg 58-59)
EN4 Indirect energy consumption by primary source. Environment (pg 58-59)
EN5 Energy saved due to conservation and efficiency
improvements.
Environment (pg 58-59)
EN6 Initiatives to provide energy-efficient or renewable
energy based products and services, and reductions
in energy requirements as a result of these initiatives.
Environment (pg 58)
EN7 Initiatives to reduce indirect energy consumption and
reductions achieved.
Environment (pg 58-60)
Operations Review (pg 93-94)
EN8 Total water withdrawal by source. Environment (pg 60-61)
EN10 Percentage and total volume of water recycled and
reused.
Environment (pg 60-61)
EN16 Total direct and indirect greenhouse gas emissions
by weight.
Environment (pg 62)
EN17 Other relevant indirect greenhouse gas emissions by
weight.
Environment (pg 62)
EN18 Initiatives to reduce greenhouse gas emissions and
reductions achieved.
Environment (pg 62)
EN21 Total water discharge by quality and destination. Waste water from operational properties
is discharged into the public sewerage
system. Waste water at the construction
site of CapitaGreen is recycled and re-
used for vehicular washing.
EN22 Total weight of waste by type and disposal method. Environment (pg 62)
EN23 Total number and volume of significant spills. There were no significant spills identified.
EN28 Monetary value of significant fines and total number
of non-monetary sanctions for non-compliance with
environmental laws and regulations.
There were no monetary value of
significant fines and non-monetary
sanctions for non-compliance with laws
and regulations.
EN30 Total environmental protection expenditures and
investments by type.
Environment (pg 57)
Social – Labour Practices
LA1 Total workforce by employment type, employment
contract, and region, broken down by gender.
People (pg 66-67)
LA2 Total number and rate of new employee hires and
employee turnover by age group, gender, and region.
People (pg 65)
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Indicator Description Cross Reference/Direct Answer
LA5 Minimum notice period(s) regarding significant
operational changes, including whether it is specified
in collective agreements.
People (pg 65)
LA7 Rates of injury, occupational diseases, lost days, and
absenteeism, and number of work-related fatalities by
region and by gender.
People (pg 69)
LA10 Average hours of training per year per employee by
gender, and by employee category.
People (pg 66)
LA12 Percentage of employees receiving regular
performance and career development reviews, by
gender.
People (pg 67)
LA13 Composition of governance bodies and breakdown of
employees per employee category according to
gender, age group, minority group membership, and
other indicators of diversity.
Board of Directors (pg 16, 17-23)
People (pg 66-67)
LA14 Ratio of basic salary and remuneration of women to
men by employee category, by significant locations
of operation.
People (pg 64-65)
LA15 Return to work and retention rates after parental
leave, by gender.
People (pg 65)
Social – Human Rights
HR4 Total number of incidents of discrimination and
corrective actions taken.
People (pg 65)
HR6 Operations and significant suppliers identified as
having significant risk for incidents of child labour,
and measures taken to contribute to the effective
abolition of child labour.
Environment (pg 58)
People (pg 64-65)
HR7 Operations and significant suppliers identified as
having significant risk for incidents of forced or
compulsory labour, and measures to contribute to the
elimination of all forms of forced or compulsory
labour.
Environment (pg 58)
People (pg 64-65)
Social – Society
SO1 Percentage of operations with implemented local
community engagement, impact assessments, and
development programs.
Environment (pg 57, 60)
Community (pg 69-70)
SO2 Percentage and total number of business units
analysed for risks related to corruption.
People (pg 67-68)
SO3 Percentage of employees trained in organisation’s
anti-corruption policies and procedures.
People (pg 67-68)
SO4 Actions taken in response to incidents of corruption. People (pg 67-68)
SO8 Monetary value of significant fines and total number
of non-monetary sanctions for non-compliance with
laws and regulations.
There were no monetary value of
significant fines and non-monetary
sanctions for non-compliance with laws
and regulations.
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Indicator Description Cross Reference/Direct Answer
Social – Product Responsibility
PR1 Life cycle stages in which health and safety impacts
of products and services are assessed for
improvement, and percentage of significant products
and services categories subject to such procedures.
Product Responsibility (pg 70)
PR3 Type of product and service information required by
procedures and percentage of significant products
and services subject to such information
requirements.
Product Responsibility (pg 70-71)
PR5 Practices related to customer satisfaction, including
results of surveys measuring customer satisfaction.
Product Responsibility (pg 71-72)
PR9 Monetary value of significant fines for non-
compliance with laws and regulations concerning the
provision and use of products and services.
There were no significant fines for non-
compliance with laws and regulations for
contractors/consultants.
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