SUSTAINABILITY STATEMENT APPROACH TO SUSTAINABLE DEVELOPMENT Sustainability Framework The Sustainability Framework serves as a guide for the strategic planning, direction, and administration of ESG practises, ultimately advancing sustainability across operations. The Manager’s long-term vision includes providing lasting value to stakeholders through sustainable business practises, which influenced the development of this framework. Hence, the Al-`Aqar aligned its vision and mission with four (4) pillars of sustainability and nine (9) focus areas. Action plans were developed to reinforce Al-`Aqar’s strategy and facilitate its advancement toward sustainability. In addition, the framework is aligned with the United Nations’ Sustainable Development Goals (SDGs). VISION MISSION To deliver long-term sustainable value to our stakeholders and communities in which we operate. To integrate sustainable business practices throughout the Fund. DIVERSITY AND DEVELOPMENT Providing fair and equal opportunities to our workforce for personal and professional development HEALTH AND SAFETY Creating a safe and healthy environment for our workforce CORPORATE SOCIAL RESPONSIBILITY Promoting societal development by giving back to the communities in which we operate Creating a diverse and talented workforce within a safe environment while contributing to the community Increasing stakeholder engagement CLIMATE CHANGE Recognising the risk of climate change and managing energy efficiency ENVIRONMENTAL MANAGEMENT Creating awareness on efficient water use and responsible management of waste to mitigate adverse environmental impacts Conserving and preserving the environment through responsible management and practices Monitoring and recording sustainability progress PROCUREMENT PRACTICES Maximising value along our supply chain while minimising adverse impacts through a diligent selection process and local procurement INFRASTRUCTURE INVESTMENT Upgrading facilities to ensure that properties operate at an optimum level for sustainable economic growth Ensuring long-term sustainable returns while spurring socio-economic growth Integrating sustainable business practices into management approach GOVERNANCE AND BUSINESS ETHICS Safeguarding the reputation of the REIT through strong governance practices and ethical business practices TRANSPARENCY Ensuring transparency in all financial and non-financial disclosures Upholding the highest standards of governance, business ethics and integrity Transparent and comprehensive reporting practices in accordance to relevant standards Robust Corporate Governance Our Commitment Sustainable Trust Fund Environmental Stewardship Strong Social Relationships KEY ACTION PLANS 77 1. Corporate Overview 3. Strategic Performance 5. Governance Structure 2. The Driving Forces 4. Sustainability Statement 6. Financial Reports
RkJQdWJsaXNoZXIy NDgzMzc=