CapitaLand Ascendas REIT - Sustainability Report 2025

Front Cover	1
Contents	2
About This Report	2
Board Statement	4
Sustainability Strategy	4
Value Creation Model	6
Sustainability Governance	8
Materiality Assessment and ESG Topics	8
Stakeholder Engagement	10
Building Portfolio Resilience and Resource Efficiency	12
Enabling Thriving and Future-Adaptive Communities	30
Stewarding Responsible Business Conduct and Governance	46
Appendix: GRI Content Index	52
Glossary	58
Back Cover	60

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