Sustainability

As a responsible asset manager, ARA strives to achieve sustainability and a positive impact on the communities we operate in. Our sustainability philosophy guides how we make business decisions, execute our business plans and engage our stakeholders.

Sustainability Framework

 

Our sustainability framework is established based on a series of robust policies which cover three strategic pillars: Environmental Sustainability, People & Community and Governance & Ethics. We are committed to the highest standards of corporate governance and invest in people who share our core values. Together, we deliver sustainable performance and create positive impact to the community and environment. 

  • Environmental Sustainability
    • We are committed to reduce the impact of our operations on the environment and do our part to combat climate change
  • People & Community
    • We are committed to provide a safe and healthy workplace, invest in training and develop our people to help them reach their full potential
    • We are committed to create positive impact on the communities that we operate in
  • Governance & Ethics
    • We are committed to operate with high ethical standards by conducting business activities in compliance with legal and regulatory requirements, and our Codes of Ethics and Business Conduct
  • Environmental
  • Social
  • Governance

Minimise environmental impacts through effective management of assets

ARA’s environmental stewardship is focused on improving energy and water efficiencies and proper waste management of our buildings. Our concerted efforts strive to achieve lower environmental footprint, conservation of natural resources and combat the climate change.

Our environmental objectives are to:

  • Foster an environmentally friendly culture as part of our stakeholders’ engagement
  • Incorporate environmental considerations in our assets
  • Improve energy, water and waste management efficiencies
  • Comply with environmental laws and regulations

Engage our people and communities in which we operate

Social responsibility is part of our central tenet as it determines the harmonious and synergetic relationship between ARA and its stakeholders, particularly our employees. We strive to make a positive impact to the communities and ensure that our buildings can improve the quality of workplace environment for our occupiers.

Our social objectives are to:

  • Be the employer of choice and advocate of diversity & inclusion
  • Contribute through community involvement and philanthropy
  • Achieve best-in-class assets and services

Ensure strong governance, integrity and accountability

ARA is committed to ensuring that the highest standards of corporate governance is practiced throughout the Group. We strictly adhere to the corporate governance principles and codes in all the countries where we operate. This is underpinned by the strong leadership of our board, robust internal controls and risk management systems and well-defined policies.

Our governance objectives are to:

  • Provide leadership by setting the highest standards of corporate governance
  • Embrace diversity to promote inclusion of different perspectives and avoid group-think
  • Manage risks effectively and seize opportunities within acceptable risk tolerance

Commitments

  • WorldGBC Net Zero Carbon Buildings Commitment
    ARA is the first real assets fund manager in Asia to pledge itself as a signatory of the WorldGBC’s Net Zero Carbon Buildings Commitment. This commitment calls upon corporations to take urgent and immediate climate actions towards decarbonising the built environment, through the reduction of energy demand and adoption of renewable energy.

  • Principles for Responsible Investment
    ARA is a signatory of the Principles for Responsible Investment (PRI) and we demonstrate a firm commitment to responsible investing and sustainability best practices. The PRI is an independent organisation that emphasizes incorporating ESG factors into companies’ ownership and investment decisions.

  • Science Based Targets Initiative
    ARA shall develop an emissions reduction target for validation by the Science Based Targets initiative (SBTi) based on the ‘well-below 2°C’ scenario. This provides us with a clearly defined pathway to reduce greenhouse gas emissions, help prevent the worst impacts of climate change and ensure sustainability for the future generations.

Sustainability Reports

ARA publishes its Sustainability Report annually to share our sustainability journey and progress, highlighting the environmental, social and governance aspects of the Group’s operations. This report is published on a voluntary basis in accordance with the Global Reporting Initiative (GRI) guidelines.

Across our international portfolio, our public listed REITs also publish their respective sustainability reports. These reports reflect the ARA investor-operator approach in managing our assets towards a sustainable future.

To learn more, you may download our latest reports by clicking on the logos below.

Awards & Accolades

  • Best Sustainable REIT Fund Manager (Asia Pacific 2020) – Asset Management Awards 2020, Capital Finance International

  • Best Health & Wellbeing Program Winner and Employer of Choice Excellence Award – HRD Awards Asia 2020

  • Excellence in Workplace Wellbeing Winner (Gold) and Excellence in Retention Strategy (Bronze) – HR Excellence Awards 2020

  • Champions for Family – Focus on the Family Singapore

  • Building and Construction Authority Green Mark Platinum and Gold ratings for our properties in Singapore

  • 5 Star Global Real Estate Sustainability Benchmark ratings for our listed REITs and private funds, since participation

  • Prestigious US Green Building Council LEED Gold award for our hospitality property in US

  • NABERS energy and water ratings for our properties in Australia