CapitaLand Investment Limited - Annual Report 2021

Sustainability ENABLE Thriving and Future-Adaptive Communities • Dynamic Human Capital • Healthy and Safe Buildings • Proactive Customer Relationship Management • Robust Supply Chain Management • CapitaLand believes that regardless of ethnicity, age or gender, staff can make a significant contribution based on their talent, expertise and experience. We adopt consistent, equitable, and fair labour policies and practices in rewarding as well as developing staff under the direct hire of CapitaLand • CapitaLand is a signatory to the UN Global Compact • CapitaLand aims to provide a work environment that is safe and contributes to the general well-being of our staff, tenants, contractors, suppliers and the communities that use our properties • CapitaLand’s Supply Chain Code of Conduct influences its supply chain to operate responsibly in the areas of anti-corruption, human rights, health and safety, as well as environmental management • CapitaLand requires third-party service providers and vendors to adhere to anti-bribery and anti- corruption provisions • CapitaLand is committed to activities that are aligned with our focus on community investment. We engage our stakeholders in raising awareness in the areas of philanthropy, environment, health and safety, as well as promote sustainability within the tenant community • Global workforce (more than 9,900 staff) - About 86 nationalities working within the Group - Males and females at a ratio of about 47:53 - About 70% of CapitaLand’s global workforce was aged between 30 and 50 • About 40% of senior management were women • Over 41 training hours per staff • Close to 93% of staff attended Fraud, Bribery & Corruption (FBC) awareness online training • Zero contractor work- related fatality and permanent disability • No reported incident relating to discrimination, child labour or forced labour in CapitaLand Human Capital Social and Relationship Capital ACCELERATE Sustainability Innovation and Collaboration • Sustainable Operational Excellence • Sustainable Finance • Sustainability Innovation and Technology • Maintain safe, accessible, vibrant and quality real estate developments to enhance the lives of our shoppers, tenants, serviced residence and hotel guests, homeowners and members of the community • Integrate CapitaLand’s ESG performance with financial metrics • Actively embrace innovation to ensure commercial viability without compromising the environment for future generations • Retained ISO 14001 and ISO 45001 certification in 15 countries for more than a decade • Inaugural CSXC received over 270 entries from over 25 countries and supported by over 50 institutional partners. Currently piloting 6 innovative projects from United States of America, Singapore and China in the area of improving building energy and water efficiencies as well as indoor air quality. • To date, CLI raised S$2.2 billion of loans through sustainable financing. This includes two sustainability- linked loans secured in Sep and Dec 2021 amounting to S$800 million Manufactured Capital Organisational Capital Financial Capital SMP Pillars and Focus Area Our Commitments 2021 Value Created Sustainability and heating buildings by up to 40%. This technology does not require any dismantling of existing windows and does not result in any downtime. Singapore-based Climatec will pilot its unique process to treat cooling tower water without using chemicals or power at CapitaGreen, CapitaLand’s office tower in Singapore that has received international recognition for its sustainability features. Using photon vibration frequency technology created through strongmagnetic fields and ceramic-based composites to treat water, this solution is projected to reduce energy consumption by up to 5% and achieve water savings of 60% to over 90%. Water can be recycled for other uses in the building such as plant irrigation or toilet flushing. CapitaLand has launched the 2nd CSXC after a successful inaugural run in 2021 and upped the ante for CSXC 2022 by committing up to S$650,000 to pilot up to 10 innovations. Building a culture of innovation Innovation thrives when businesses have a culture that supports new ways of doing things. CapitaLand not only places sustainability at the core of what we do, we empower our employees to be creative in deploying solutions to make a positive impact on the environment through the CapitaLand Innovation Fund. Since opening in October 2020, the Smart Urban Co- Innovation Lab brings together leaders in the smart cities space to collaborate, co-create and test solutions. Since launching this initiative, it has welcomed more than 500 companies and onboarded more than 70 members. ACCELERATING INNOVATION Sustainable technology and innovations are key to our decarbonisation journey. But smart ideas can come from anywhere. So, we invited startups around the world to join our global fight against climate change. Launched in 2020, CapitaLand Sustainability X Challenge (CSXC) is the first global sustainability- focused innovation challenge in the built environment by a Singapore real estate company. Through the challenge, CapitaLand aims to accelerate its progress to meet its 2030 Sustainability Master Plan targets, with decarbonisation and circularity as key pillars. CapitaLand provides our innovators with access to a range of real estate asset classes globally and typologies in varying climatic conditions to apply their solutions, allowing them to demonstrate conclusively how their systems will function under real-world conditions. CapitaLand has set aside S$50 million for innovation from which at least half is deployed to funding the piloting of promising sustainability solutions from various initiatives. Two winners plus eight other promising innovations from its inaugural CSXC in 2021 were selected from among over 270 entries from over 25 countries to take advantage of this critical differentiator to select excellent test sites to demonstrate the efficacy of their innovations. Oregon-based INOVUES will test its insulating glass retrofit technology at one of CapitaLand’s buildings in Creekside Corporate Park in Portland, USA. By reducing heat gain in the building during summer and heat loss during winter, insulating glass retrofit is projected to lower energy consumption for cooling The judging panel at the inaugural CSXC graced by Guest-of-Honour, Minister Grace Fu (Minister for Sustainability and the Environment of Singapore) (on screen). Seated from left: Dr Cheong Koon Hean (Chair, Lee Kuan Yew Centre for Innovative Cities and Chair, Centre for Liveable Cities Singapore), Mr Rohit Sipahimalani (Chief Investment Officer and Head, South East Asia, Temasek), Ms Goh Swee Chen (Non-Executive Independent Director, CapitaLand Investment) and Mr Lee Chee Koon (Group CEO, CapitaLand Investment). Judges not in the photo are Mr Rushad Nanavatty (Managing Director, Urban Transformation, Rocky Mountain Institute) and Dr Chris Luebkeman (Leader, Strategic Foresight Hub, Office of the President, ETH Zurich, Switzerland).