The ESG 2030 Roadmap targets include 1,000 MW of rooftop solar power capacity and creation of an ESR Group Foundation programme with an investment capacity of up to US$20 million.
ESR Group Limited (“ESR” or the “Company”, together with its subsidiaries as the “Group”; SEHK Stock Code: 1821), APAC’s largest real asset manager powered by the New Economy, has reaffirmed its commitment to accelerate its long-term sustainable growth by unveiling its ESG (Environmental, Social and Governance) 2030 Roadmap across the enlarged Group.
ESR’s ESG 2030 Roadmap is built on the significant progress achieved under its 2025 Roadmap which was launched in November 2020. The ESG 2030 Roadmap covers three key pillars under its ESG Framework: Creating a Human Centric environment that is safe, supportive and inclusive for internal and external stakeholders; Developing and maintaining a sustainable and efficient Property Portfolio; and Delivering outstanding Corporate Performance for sustained and balanced growth.
Some of the key achievements of the Group’s progress to date include:
Jeffrey Shen and Stuart Gibson, ESR Group Co-founders and Co-CEOs, said: “Since the launch of the ESG 2025 Roadmap in 2020, we have taken big strides forward in our ESG journey. With the successful acquisition of ARA and its subsidiary LOGOS, we aspire to expand and accelerate our ESG efforts across the Group. The remarkable scale and synergies of our enlarged Group today have strengthened our position as an ESG steward as we continue to raise the bar on our ESG actions and impact, creating long-term value for our stakeholders.”
Under its enhanced ESG 2030 Roadmap, ESR has established ambitious targets across the three key pillars to accelerate positive impact as an enlarged Group. These targets include:
Tang Boon Kang, ESR Group Head, Governance & Sustainability and Emma Larsson, ESR Group ESG Officer, said: “ESR has achieved great progress on the targets set out in our 2025 roadmap. As we lead the way forward in the transition to a more inclusive, low-carbon and climate resilient future, our ESG 2030 Roadmap will sharpen our focus in driving ESG efforts forward as an enlarged Group. It includes new targets that are coherent with our 2025 roadmap and drive greater accountability as we continue to accelerate best-in-class practices across the Group.”
In conjunction with unveiling of the ESG 2030 Roadmap, ESR has published its ESG Report 2022 which can be found on the Group’s website. The ESG Report 2022 describes the Group’s achievements in line with its vision to be a leading provider of Space and Investment Solutions for a Sustainable Future.
Under the Human Centric pillar, the Group has developed employee engagement initiatives focusing on employee well-being, diversity, equity and inclusion, and training; contributed positively to the communities where it operates; and built modern logistics facilities with human centric design. Under the Property Portfolio pillar, the Group has accelerated its renewables strategies, continued its focus on sustainable & efficient operations and sustainable building certifications & ratings, and adopted the Task Force on Climate-related Financial Disclosures (TCFD) Framework to mitigate climate change. Under the Corporate Performance pillar, the Group has maintained its high standards of corporate governance, integrated ESG factors into its investment and asset management policies and practices and improved its performance in the global ESG benchmarks and ratings.
Please refer to ESR’s ESG 2030 Roadmap and ESG Report 2022 for details.