29 Emission factors used for the computation of the 2025 emissions were from International Energy Agency (IEA) 2025 v1.1 (AR6 Applied). Singapore Total Scope 1 and 2 emissions at Singapore properties saw a decrease of 16.7% in FY 2025, at 31,048 tonnes CO2e. Emissions intensity declined 18.5% to 14.6 kgCO2e/sq m. The reduction was primarily due to the allocation of electricity consumption to tenants for after-hours air-conditioning requests. The alignment with carbon emission factors adopted by CLI Group, which were lower as compared to emission factor published by the Energy Market Authority in Singapore also contributed to the decrease. Australia Total Scope 1 and 2 emissions at CLAR’s Australia properties was 3,826 tonnes CO2e in FY 2025, representing a 26.1% reduction. Carbon emissions intensity also declined by 27.8% to 41.1 kgCO2e/sq m. As the energy consumption was relatively stable with 3.4% reduction, the primary driver of the reduction was due to the adoption of carbon emission factors in alignment with CLI Group, which were lower than National Greenhouse Accounts Factors. United States At CLAR’s US properties, total Scope 1 and 2 emissions increased by 24.2%, reaching 5,654 tonnes CO2e. Carbon emissions intensity increased 29.5% to 44.5 kgCO2e/sq m. While energy consumption and intensity was relatively stable, the increase in emissions was mostly attributed to the alignment with the emission factors adopted by CLI Group, most of which were higher than emission factors used in FY 2024. United Kingdom and Europe Emissions at UK and EU properties fell 14.7%, at 2,337 tonnes CO2e, while emissions intensity similarly fell 14.5% to 66.3 kgCO2e/sq m. As UK and EU properties were fully powered by renewable energy, the reduction in emissions were due to lower refrigerant emissions factors adopted in alignment with CLI Group. Singapore United States United Kingdom / Europe Australia Total 49,449 49,720 42,865 5,963 5,174 3,826 5,825 4,554 5,654 2,740 2,337 17 37,645 37,252 31,048 Scope 1 & 2 Carbon Emissions (tonnes CO2e) Carbon Emissions Intensity (kgCO2e/sq m) 2025 2023 2024 20.7 17.9 21.2 2025 2023 2024 71.4 57.0 41.1 2025 2023 2024 37.9 34.3 44.5 77.5 66.3 2025 2023 2024 2025 2023 2024 17.8 17.9 14.6 0.5 Carbon Emissions and Intensity In FY 2025, market-based Scope 1 and 2 emissions decreased 13.8% to 42,865 tonnes CO2e, while emissions intensity decreased 15.4% to 17.9 tonnes CO2e/sq m as compared to FY 2024. The reduction was mainly due to higher renewable energy consumption in Singapore and alignment with carbon emission factors adopted by CLI Group29, which were generally lower as compared to emission factors published and used by individual countries, except for the US. Standardising emission factors, instead of adopting country / region-specific emission factors offers comparability across regions and peers. Sustainability Report 2025 19
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