At Starhill Global REIT, sustainability underpins our long-term approach to managing and growing the
portfolio. We focus on enhancing the operational performance and resilience of our assets, while supporting
responsible business practices and creating value for our unitholders, tenants, and stakeholders.
Our sustainability efforts are guided by internationally recognised frameworks such as the Global Reporting
Initiative (GRI) Standards, Sustainability Accounting Standards Board (SASB) Real Estate Sector Standards and
the United Nations Sustainable Development Goals (UN SDGs). These are also aligned with Singapore Exchange
Securities Trading Limited (SGX-ST) requirements, ensuring transparency and accountability as we continue to
strengthen our business for the future.
Board statement: Board statement
We are pleased to present our Sustainability Report, which forms part of Starhill Global REIT's Annual
Report. This covers the ESG performance of our operations across Singapore, Australia, Malaysia, Japan and
China, as disclosed in our financial statements. Data from previous years are included, where applicable, to
provide comparative data on our progress: FY 2024/25 Sustainability Report
Our Sustainability Pillars
We are committed to minimising the environmental footprint of our properties and managing climate-related risks and opportunities to build climate-resilience into our portfolio.
Our environmental management approach focuses on:
- Promoting energy efficiency in our properties to reduce greenhouse gas emissions
- Mitigating climate-related risks in our portfolio
- Improving water efficiency
Our environmental measures include attaining green certifications, improving energy efficiency, reducing carbon emissions, and ensuring responsible water consumption across our portfolio. We regularly monitor, review and report relevant data for the properties within our operational control.
Green Certificates
As at 30 June 2025, 63% of our portfolio by net lettable area, or an equivalent of six out of nine properties, has attained green certifications, keeping us on track to achieve our target of 70% by 2030.
We recognise that our employees are the cornerstone of our organisation. Their diverse skills, knowledge, experience, passion, commitment, and perspectives enable us to deliver value for our unitholders and stakeholders.
Our social approach focuses on:
- Fostering fair and equitable workplace conditions
- Creating a well-balanced workplace that is healthy and safe
- Caring for our employees through active engagement
- Nurturing human capital through learning and development
- We strive to positively impact and enrich the lives of people in the communities where we operate through a variety of programmes and initiatives
Our human resource policies foster a culture of fairness, inclusivity, and safety within our organisation. We are committed to creating a work environment where every individual feels valued, respected, and heard. By embracing a people-centric business philosophy, we prioritise teamwork as the foundation of our organisational values.
We recognise that our employees' well-being and professional growth are integral to our collective success. We invest in their development through training programmes and career advancement opportunities.
We uphold high standards of governance, ethics, compliance, risk management and ensure transparency and accountability in all our operations. We adhere to the Code of Corporate Governance 2018 (last amended 11 January 2023), which sets comprehensive policies and principles that guide our practices.
Our governance approach focuses on:
- Delivering profitable and sustainable business growth through effective compliance and risk management
- Operating our business responsibly with accountability
- Strengthening responsible stewardship of our assets, products and services
ESG Governance Structure
Sustainability is embedded in our corporate governance framework and is crucial to our decision-making process. At Starhill Global REIT, the ESG governance body oversees both sustainability and climate-related risks and opportunities.
Looking Ahead
We remain committed to improving portfolio resilience and advancing our sustainability journey.
Our near-term priorities include:
- Continuing to reduce portfolio energy and emissions intensity
- Expanding green certifications across our assets
- Strengthening climate risk management
Together with our stakeholders, we aim to build a more sustainable and resilient future for Starhill Global
REIT.