Ho Bee Land Ltd 2024 AR2
The report highlights Ho Bee Land Limited's return to profitability in FY2024, recording a net profit of S$109.7 million. The company made significant progress in its sustainability journey, achieving a 15.9% reduction in Scope 1 and 2 emissions, keeping it on track for its FY2026 target. It successfully issued its inaugural S$160 million Green Bond and disclosed its Scope 3 emissions for the first time. Additionally, a strategic partnership was established with an Asian sovereign wealth fund, which acquired a 49% stake in the Elementum development.
Company: Ho Bee Land Ltd
Sector: Real Estate
Country: Singapore
Year: 2024
Type: AR2
Pages: 76
Ho Bee Land Ltd
Annual Report
The report highlights Ho Bee Land Limited's return to profitability in FY2024, recording a net profit of S$109.7 million. The company made significant progress in its sustainability journey, achieving a 15.9% reduction in Scope 1 and 2 emissions, keeping it on track for its FY2026 target. It successfully issued its inaugural S$160 million Green Bond and disclosed its Scope 3 emissions for the first time. Additionally, a strategic partnership was established with an Asian sovereign wealth fund, which acquired a 49% stake in the Elementum development.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
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
Women on Board
Workplace Fatalities