Our Sustainability Approach
We believe in building a resilient and sustainable business while doing good. We embed sustainability into our business strategy, forge strong relationships and create sustainable value, all of which positively impact our stakeholders.
Sustainability Highlights
S$1.3 billion
of total green and sustainable
financing
3
sustainable initiatives
implemented for the
benefit of tenants
56%
of portfolio (by GFA)
is green certified
51%
of portfolio (by NLA) is covered by green leases
Supplier Code of Conduct
implemented in Singapore
High rating of 3.8 and 4.1
for the Manager’s ESG efforts and property management services respectively, in 2024 tenant satisfaction survey1
1 Tenants rate their satisfaction level based on a scale of 1 (Very Poor) to 5 (Very Good).
As at 31st March 2025
4.3%
reduction in portfolio
energy intensity1 from FY23/24 baseline
71.1 MWp
of total solar generating
capacity, the largest
among S-REITs reported
to-date
Neutralised Scope 2 emissions
in China and Hong Kong SAR
as a combined market
>1,700 trees
planted across MLT’s
assets in FY24/25
1 Based on the consumption data for the common areas in MLT’s stabilised multi-tenanted buildings (“MTBs”) where the Manager has operational control. Single-user assets (“SUAs”) where the Manager does not have operational control are excluded.
As at 31st March 2025
48
average training hours per employee
48%
of management positions held by women
375
staff volunteer hours across eight markets
Zero
material incidences of non-compliance with health and safety laws and regulations
As at 31st March 2025
Zero
material incidences of non-compliance with relevant laws and regulations
36%
female representation
on the Board
55%
Independent Directors
on the Board
Recognised for
Exemplary Board Diversity
in the 2025 Singapore Board Diversity index
Zero
incidences of non-compliance
with anti-corruption laws
and regulations
3-Star Rating
in the 2024 GRESB
Real Estate Assessment
11.1
Low Risk
Morningstar Sustainalytics ESG Risk Rating
As at 31st March 2025
Green Financing
MLT’s Green Finance Framework (the “Framework”) has been developed with the intent to enter into Green Finance Transactions to finance or refinance projects that deliver environmental and social benefits, supporting MLT’s sustainability objectives. The Framework has received a second-party opinion from S&P Global Ratings, confirming its alignment with the Green Bond Principles 2021 and the Green Loan Principles 2023. It guides MLT in allocating proceeds from these transactions to eligible projects in green buildings, renewable energy, energy efficiency, and sustainable water management. Both the Framework and S&P Global Ratings’ second-party opinion are available below.
Green Finance Framework
March 2024
Second Party Opinion Report by S&P Global Ratings
March 2024
Learn More in Our Latest Sustainability Report
Delivering Sustainable Value FY24/25