104 CapitaLand Ascendas REIT CLAR is committed to being a responsible REIT. Its sponsor, CLI, has committed to achieving Net Zero carbon emissions for Scope 1 and 2 by 2050, contributing to the environmental and social well-being of the communities where it operates, as it delivers long-term economic value to its stakeholders. CLAR maintained its 4-star rating in the 2025 GRESB Real Estate Assessment. Its sustainability performance has also been recognised by other international benchmarks and indices such as the MSCI ESG Rating1 (AA rating). CLAR is listed on the FTSE4Good2 Developed Index and the FTSE4Good Developed Minimum Variance Index, underscoring its commitment and efforts towards ESG. The Board recognises the importance of sustainability as a business imperative and ensures that sustainability considerations are factored into CLAR’s strategy development. The Manager will continue to identify and adopt meaningful ESG practices to remain competitive and resilient in an increasingly challenging business environment. For the Board statement, CLAR’s sustainability management structure, material ESG factors and performance, please refer to CLAR SR 2025. CLAR’s sponsor, CLI, outlines its sustainability targets in its 2030 Sustainability Master Plan (SMP) and clear pathways across the portfolio. CLAR’s target and material ESG factors are aligned to CLI 2030 SMP and mapped against 8 United Nations Sustainable Development Goals (UN SDGs). CLAR’s climate-related disclosures can be found in SR 2025, which will reference and adopt various international standards and guidelines. Sustainability Management 1 The use by CLAR of any MSCI ESG Research LLC or its affiliates (“MSCI”) data, and the use of MSCI logos, trademarks, service marks or index names herein, do not constitute a sponsorship, endorsement, recommendation, or promotion of CLAR by MSCI. MSCI services and data are the property of MSCI or its information providers, and are provided ‘as-is’ and without warranty. MSCI names and logos are trademarks or service marks of MSCI. 2 FTSE Russell (the trading name of FTSE International Limited and Frank Russell Company) confirms that CapitaLand Ascendas REIT has been independently assessed according to the FTSE4Good criteria, and has satisfied the requirements to become a constituent of the FTSE4Good Index Series. Created by the global index provider FTSE Russell, the FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong Environmental, Social and Governance (ESG) practices. The FTSE4Good indices are used by a wide variety of market participants to create and assess responsible investment funds and other products.
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