At FHT, we are dedicated to responsible tourism and environmental leadership within our hotels and serviced residences. We incorporate sustainability into our everyday functions and across our supply chain. Year after year, we aim to optimise our resource use efficiency through adoption of renewable energy, waste reduction and energy and water conservation via environmental and social frameworks. Additionally, we strive to reduce our overall environmental impact by promoting sustainable practices amongst our staff, clients, guests and property operators. In FY2024, we developed and launched the Frasers Hospitality Sustainability Dashboard to track and analyse our environment-related consumption data more effectively. This dedicated platform analyses all our consumption data at the portfolio, cluster and property levels, enabling us to identify hotspots and develop targeted approaches to reduce our carbon footprint. Within our supply chain, we adhere to our Sponsor’s Responsible Sourcing Policy, which guides our approach for sourcing and procurement decisions. We are actively exploring pathways to align with our Sponsor’s refreshed Groupwide ESG goal of engaging 75% of all suppliers by spend on the Responsible Sourcing Policy by FY2025. We also recognise the dependence of operational resources on nature and the impact of our consumption on the biodiversity. Emphasis is placed on responsible consumption across operations to minimise dependencies and impacts. In line with this, we are committed to supporting our Sponsor’s biodiversity roadmap to develop a framework which guides the assessment and prioritisation of biodiversity risks and opportunities by FY2025. Our Progress Focus Area Our Goals Our Progress in FY2024 Energy & Carbon • To develop a net-zero carbon roadmap and establish carbon targets in line with a science-based approach to achieve net-zero carbon emissions by 2050. • FHT has started conducting energy audits in its properties as part of its roadmap. Water • To engage operators in water efficiency standards. • 34% of our properties by gross floor area have installed water efficiency fittings. • Water management practices for corporate office are aligned with and under our Sponsor within the Singapore office. Waste • To establish a waste recycling target and expand waste data coverage from current 10 properties to 14 properties. • Our waste data coverage has increased to 12 properties. • Waste management and recycling practices for corporate office are aligned with and under our Sponsor within the Singapore office. CONSUMING RESPONSIBLY CONSUMING RESPONSIBLY 16 Frasers Hospitality Trust
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