OUR APPROACH TO ESG ESG FRAMEWORK AND GOALS At FHT, we are cognisant of our ESG commitments and duty to operate in a responsible manner. We strive to safeguard the environmental and social well-being of the communities we operate in, while creating long-term shared value for our stakeholders. Our ESG strategy is broadly aligned to our Sponsor’s ESG Framework and ESG Goals, taking into account focus areas and targets material to FHT’s business. FHT’s ESG Framework guides our approach towards driving ESG efforts and progress, and focuses on three pillars – Acting Progressively, Consuming Responsibly and Focusing on People. ACTING PROGRESSIVELY CONSUMING RESPONSIBLY FOCUSING ON PEOPLE Pillars Focus Areas • Risk-based Management Comprehensive assessment to address environmental, health and safety risks • Responsible Investment Incorporating social, environment and governance criteria in the evaluation process • Resilient Properties Strengthening the resilience and climate adaptive capacity • Innovation Fostering an innovation culture that creates value and strengthens our competitive edge • Energy and Carbon Increasing substantially energy efficiency and renewable energy used • Water Increasing substantially water efficiency and the recycling and safe reuse of water discharged • Waste Reducing substantially waste generation through prevention, reduction, recycling and reuse • Materials and Supply Chain Achieving the sustainable management and efficient use of materials along the supply chain • Biodiversity Enhancing the environment and ecosystem through our developments • Diversity, Equity and Inclusion Empowering and promoting the social inclusion of all, irrespective of age, gender, disability, race, ethnicity, origin, religion or economic or other status • Skills and Leadership Developing skills and leadership programmes that support productive activities, creativity and innovation to deliver highvalue products and services • Health and Well-being Ensuring healthy and balanced work and community environments • Community Connectedness Considering social value principles for communities 6 Frasers Hospitality Trust
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