Far East Hospitality Trust 2023 AR2
The report highlights Far East Hospitality Trust's financial and sustainability performance for the fiscal year 2023. The trust achieved a strong recovery with gross revenue increasing by 27.8% year-on-year to S$106.8 million, returning to pre-pandemic levels. On the environmental front, the trust established a long-term net-zero emissions target by 2050 and successfully reduced its energy and carbon emissions intensity per occupied room. Socially, the trust expanded its Education Assistance Scheme, awarding 10 bursaries to children of tenants' employees, and achieved gender parity on its Board with 50% female representation. Additionally, the trust was ranked second in the Singapore Governance and Transparency Index.
Company: Far East Hospitality Trust
Sector: Real Estate
Country: Singapore
Year: 2023
Type: AR2
Pages: 227
Far East Hospitality Trust
Annual Report
The report highlights Far East Hospitality Trust's financial and sustainability performance for the fiscal year 2023. The trust achieved a strong recovery with gross revenue increasing by 27.8% year-on-year to S$106.8 million, returning to pre-pandemic levels. On the environmental front, the trust established a long-term net-zero emissions target by 2050 and successfully reduced its energy and carbon emissions intensity per occupied room. Socially, the trust expanded its Education Assistance Scheme, awarding 10 bursaries to children of tenants' employees, and achieved gender parity on its Board with 50% female representation. Additionally, the trust was ranked second in the Singapore Governance and Transparency Index.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
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
Women in Management
Workplace Fatalities
Net Zero Target
Employees