The Manager
The Manager
Sustainability

Board Statement

The Board of Directors is pleased to present the second Sustainability Report for Mapletree Logistics Trust (“MLT”).

As a leading provider of logistics facilities in the Asia-Pacific region, we recognise our responsibility to our employees, our stakeholders and the communities and environments in which we operate. At the same time, we understand the growing importance our stakeholders place on environmental, social and governance (“ESG”) issues.

At MLT, sustainability is a cornerstone of our long-term strategy formulation. We believe that our responsible approach to business is integral to the long-term success of our business. We are committed to uphold responsible and sustainable practices across our operations with the aim of empowering individuals and enriching communities, while having a positive impact on the environment.

MLT’s sustainability approach is closely aligned with its Sponsor, Mapletree Investments Pte Ltd. With the support of the Sponsor’s Sustainability Steering Committee and the management team, the Board oversees the direction of sustainability for MLT and the management of sustainability related performance. The Board has approved the sustainability framework and the material ESG factors detailed in the Sustainability Report.

This report covers MLT’s sustainability practices and performance for the period from 1 April 2017 to 31 March 2018, and defines our targets for the forthcoming year.

In FY17/18, we made good progress in furthering our sustainability objectives. Some of the highlights of the year include:

  • Reducing the average building energy intensity of our Singapore portfolio1 by 6% year-on-year through energy efficiency initiatives;
  • Pioneering the first rooftop urban farm for MLT in Singapore;
  • Expanding MLT’s solar footprint beyond Japan with the initiation of the first rooftop solar project in our Singapore portfolio;
  • Achieving a 95% participation rate in the 2017 Employee Engagement Survey; and
  • Organising three corporate social responsibility initiatives in Singapore, Japan and Malaysia respectively, with a staff participation rate of 29%2.

We are committed to continue advancing MLT’s sustainability efforts with a view to generate long-term value for our stakeholders. We look forward to sharing our progress in the coming years. 

To access the full Sustainability Report, please click here.

 

1 Based on the energy consumption data for the common areas in MLT’s multi-tenanted buildings where the Manager has operational control. Single-user assets where the Manager does not have operational control are excluded.

2 Based on staff participation rates in Singapore, Japan and Malaysia.


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