For our construction and operations, we commit to reduce Scope 1 (direct emissions) and Scope 2 (indirect emissions from electricity consumption) emissions intensity by 30% by 2025 and 45% by 2030 via:

Enabling supply of renewable energy (RE) for our offices, project sites and assets via solar installations, with a 100% renewable energy (RE) utilisation target by 2025 via a combination of direct on site feed in supply complemented by off site renewable energy (RE) trading and purchase mechanisms.

Reducing energy use by increasing efficiency of our M&E systems via sustainable procurement including introduction of a group wide HVAC minimum efficiency guideline, retrofitting where necessary and implementation of smart building systems.

Transitioning our fleets to low carbon alternatives where feasible.

Improving productivity and adopting a circular construction approach by maximising the efficiency of raw materials and resources, reducing wastage and advocating sustainability throughout our operations committing to a reduction of construction waste to landfill of 20% and recycling of 50% of water at our construction sites by 2025.

Introduce ESG evaluation in procurement by 2021 to drive sustainable change in our supply chain and to set Scope 3 (indirect emissions from supply chain) targets from 2026 onwards.

The greenhouse gas (GHG) Protocol Corporate Standard classifies a company’s GHG emissions into three ‘scopes’.:

Scope 1: Emissions are direct emissions from owned or controlled sources.

Scope 2: Emissions are indirect emissions from the generation of purchased energy.

Scope 3: Emissions are all indirect emissions (not included in scope 2) that occur in the value chain of the reporting company, including both upstream and downstream emissions.