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SUSTAINABILITY

LREIT aims to deliver a sustainable future for its stakeholders by striving towards economic, social and environmental progress. As a signatory to the UN GC, the Manager and the Property Manager are committed to deliver inclusive, healthy and adaptable places that can thrive through change.

To integrate ESG factors as a part of the Manager’s processes, it abides by the Group’s four guiding principles that support its strategy – Safety, Sustainability, Diversity and Inclusion and Customer Focus. In line with the Group’s signatory commitment under the UN supported Principles for Responsible Investment, the Manager is committed to creating value for LREIT’s stakeholders by delivering positive economic, environmental and social outcomes whilst operating in an incident and injury free environment. 

LREIT’s approach towards sustainability is anchored in the Group’s Sustainability Framework, which was developed through extensive consultation with customers, investors, employees and other stakeholders on their key area of interest. This Sustainability Framework is centred around three key imperatives, supported by environmental and social focus areas.

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MULTIPLE WINS IN 2021 GRESB REAL ESTATE

LREIT won first places in the Asia Retail (Overall) and Asia Retail (Listed) categories under the 2021 GRESB assessment with the highest-tier rating of 5 stars for its ESG performance for two consecutive years since its listing in 2019.
Beyond clinching accolades as the top Regional Sector Leader in both categories, LREIT once more held its own against international peers to win second place in the fiercely competitive Global Retail (Listed) category for a second straight year. LREIT also scored “A” for Public Disclosure in GRESB 2021.

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GARDENS BY THE BAY VISIT WITH APSN KATONG SCHOOL

In partnership with the Association for Persons with Special Needs (APSN), LREIT’s Manager conducted its first community day outreach programme in October 2019. Together with volunteers from the Sponsor, the Manager brought the students to Gardens by the Bay for an educational field trip. This mutually enriching experience allowed the students to benefit from invaluable out-of-class learning, and gave Lendlease volunteers the opportunity to befriend and interact with the students.

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FOOD DISTRIBUTION TO RESIDENTS AT BOON LAY

In collaboration with Thye Hua Kwan Moral Charities, we packed and distributed groceries to 86 households in Boon Lay area in January 2021. COVID-19 pandemic has affected many vulnerable groups and through this contribution, we hope to offer comfort and bring smiles to the families impacted.

LREIT’s approach to sustainability is guided by the Responsible Property Investment Policy of the investment management business and the ESG aspects of the broader Lendlease Group.