102 PERENNIAL HOLDINGS PRIVATE LIMITED Sustainability Report Mapping to the UN SDGs The UN Sustainable Development Goals (“SDGs”), launched in 2015, provide a comprehensive framework for international cooperation aimed at promoting economic, social and environmental sustainability. Comprising 17 goals and 169 targets, the SDGs address pressing global challenges such as poverty, gender inequality and climate change. Perennial Holdings reaffirms its commitment to the SDGs by continuing to integrate four key SDGs (SDG 3, 5, 13 and 16) into its sustainability strategy by aligning the Company’s initiatives with these goals. In this year’s report, Perennial Holdings has further aligned with SDG 8 (Decent Work and Economic Growth), as well as SDG 12 (Responsible Consumption and Production). In relation to SDG 8, Perennial Holdings is dedicated to promoting productive employment and ensuring decent working conditions for all its employees. The Figure 5: Mapping Perennial Holdings’ initiatives to UN SDGs Company places significant emphasis on maintaining a robust occupational health and safety management system, which not only fosters a safe and supportive work environment but also enhances employee well-being and productivity. As such, Perennial Holdings invests in training and development to equip its workforce with essential skills and futureready capabilities, which are vital for the sustained growth and development of its communities. With respect to SDG 12, Perennial Holdings reaffirms its commitment to environmental sustainability by actively seeking to improve resource consumption. This includes enhancing energy efficiency across its operations through key partnerships and efficiency initiatives, as well as minimising water usage wherever possible. As an integrated real estate and healthcare company, Perennial Holdings recognises that its commitment to sustainability extends beyond its own operations to encompass all stakeholders. By aligning its sustainability initiatives with the UN SDGs as seen in Figure 5, the Company aims to create long-term value not only for itself but also for the communities and environments in which it operates. This holistic approach ensures that Perennial Holdings contributes positively to global sustainability efforts while addressing the specific needs and challenges of its stakeholders. Performance and Targets This section provides an overview of Perennial Holdings’ targets and performance for FY2024, as well as the objectives set for the upcoming year. Acknowledging the differences in operations across various countries and business segments, specific targets have been established and detailed below. Perennial Holdings is pleased to report that nearly all targets have been met in FY2024, and ongoing efforts are being made to achieve perpetual targets. Perennial Holdings’ Initiatives and Commitments • Adopt energy-efficient technologies in Asset Enhancement Initiatives ("AEls") across Singapore properties • Target for all Singapore properties to meet Green Mark Requirements • Hold events aimed at raising environmental awareness Relevant ESG Factors • Energy, GHG Emissions and Alternative Energy Sources Perennial Holdings’ Initiatives and Commitments • Zero tolerance towards fraud, corruption and unethical behaviour • Remain compliant with all relevant laws and regulations • Convey stringent requirements (i.e. Employment Act, Workplace Safety and Health Act) to suppliers Relevant ESG Factors • Compliance with Laws and Regulations • Business Ethics • Corporate Governance Perennial Holdings’ Initiatives and Commitments • Regularly monitor, review and disclose energy consumption and carbon emissions • Consistently monitor and review waste and water consumption Relevant ESG Factors • Energy, GHG Emissions and Alternative Energy Sources • Water Management Perennial Holdings’ Initiatives and Commitments • Conduct regular trainings for employees • Provide equal opportunities for all female employees within the organisation • Report employee diversity metrics by gender, age, region and employee category Relevant ESG Factors • Employee Diversity and Equal Opportunity • Developing a Resilient and Sustainable Workforce Perennial Holdings’ Initiatives and Commitments • Provide annual health screenings for employees • Maintain zero fatalities in the workplace • Provide a work environment that is free from illnesses and injuries • Provide top-notch eldercare and healthcare services for patients Relevant ESG Factors • Occupational Health and Safety • Health and Safety of Stakeholders Perennial Holdings initiatives and commitments • Provide platforms for worker participation and feedback on health and safety • Conduct regular training programmes to inculcate service-oriented and safety-first culture • Maintain robust occupational health and safety management system, fostering a safe and supportive work environment Relevant ESG Factors • Occupational Health and Safety • Employee Diversity and Equal Opportunity
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