Far East Hospitality Trust 2022 AR2
The report highlights Far East Hospitality Trust's sustainability progress during the 2022 fiscal year. The company committed to achieving a net zero carbon emissions target by 2050 and is evaluating intermediate targets for 2030. During the year, the company reduced its total electricity consumption by 7.6% and water consumption by 21.7%, partly due to the divestment of Central Square and asset enhancement initiatives. Additionally, Far East H-Trust launched its Education Assistance Scheme, awarding four bursaries to the children of its tenants' employees. The company also maintained high corporate governance standards, ranking third in the Singapore Governance and Transparency Index for REITs and Business Trusts.
Company: Far East Hospitality Trust
Sector: Real estate
Country: Singapore
Year: 2022
Type: AR2
Pages: 224
Far East Hospitality Trust
The report highlights Far East Hospitality Trust's sustainability progress during the 2022 fiscal year. The company committed to achieving a net zero carbon emissions target by 2050 and is evaluating intermediate targets for 2030. During the year, the company reduced its total electricity consumption by 7.6% and water consumption by 21.7%, partly due to the divestment of Central Square and asset enhancement initiatives. Additionally, Far East H-Trust launched its Education Assistance Scheme, awarding four bursaries to the children of its tenants' employees. The company also maintained high corporate governance standards, ranking third in the Singapore Governance and Transparency Index for REITs and Business Trusts.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Water Consumption
Women on Board
Workplace Fatalities
Net Zero Target
Employees