The Manager
The Manager
Sustainability

Board Statement

The Board of Directors (the “Board”) is pleased to publish the third Sustainability Report for Mapletree Logistics Trust (“MLT”). This report captures our overarching approach towards environmental, social and governance (“ESG”) risks and opportunities, as well as our sustainability performance for the period from 1 April 2018 to 31 March 2019 (“FY18/19”).

The Board considers sustainability issues as part of MLT’s strategy formulation. We believe that a responsible approach to business is integral to our long-term success. To this end, we remain committed to upholding responsible and sustainable practices across our operations with the aim of empowering individuals and enriching communities, while having a positive impact on the environment.

This year, as we progress in our sustainability journey, we are actively building on our reporting efforts and have enlarged our sustainability commitments to support the United Nations’ adoption of the 2030 Agenda for Sustainable Development. We have mapped our business goals to the respective Sustainable Development Goals (“SDGs”), and are committed to contribute to the achievement of these goals.

Our approach towards sustainability is aligned with that of our Sponsor, Mapletree Investments Pte Ltd (“Sponsor” or the “Mapletree Group”). The Board works closely with the Sponsor’s Sustainability Steering Committee (“SSC”) and management, to oversee the direction of sustainability for MLT and the management of sustainability-related performance. The Board has endorsed the material ESG factors in this report.

With the aim of enhancing our reporting disclosures, in this year’s report we have expanded the geographical scope for energy reporting beyond Singapore to include Hong Kong and Vietnam. Another new addition in this report is a discussion on our approach towards water management. During the year, we implemented several key sustainability initiatives, including:

  • 12 LED lighting retrofit projects and five air-conditioning system upgrades in properties across several countries;
  • our first rooftop solar installation in Singapore which increased MLT’s solar energy generating capacity by 22% to 7,509kWp;
  • five corporate social responsibility initiatives in Hong Kong, Japan, Australia, Malaysia and Vietnam with a staff participation rate of 64%2; and
  • two tenant engagement events aimed at encouraging active and healthy living among our tenants and employees.

As MLT grows, we will continue to build on our strong foundation to enhance our sustainability strategy, approach and performance. We look forward to working in partnership with our stakeholders to build a sustainable future.

To access the full Sustainability Report, please click here.

 


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