SUSTAINABILITY STATEMENT About This Report Damansara REIT Managers Sdn Berhad (the “Manager” or “DRMSB”) proudly presents Al-`Aqar Healthcare REIT’s (“Al-`Aqar REIT” or the ‘Fund’) fourth annual sustainability statement for the reporting period of 1 January 2021 to 31 December 2021 (“FY2021”). This statement provides the Fund’s stakeholders with insights on how it champions ESG risks and opportunities within its organisation. As sustainability has evolved over the last decade, it has become increasingly important for companies to evaluate sustainability priorities with stakeholders to determine key environmental, social and governance (“ESG”) issues. The COVID-19 pandemic has also afflicted the operating environment of the Fund by bringing about unforeseen challenges. As a trust primarily focused on the healthcare industry with numerous hospitals in the Fund’s property portfolio, the pandemic has directly affected us as hospitals have had to align to and fulfil all precautionary measures enforced by authorities while safeguarding the health and safety of its patients, visitors and staff. On a global scale, the pandemic has brought about a sense of urgency surrounding various ESG-related issues such as human rights, diversity and supply chain management as organisations begin to understand the correlation between sustainability and business continuity. As it gears toward recovery, the Fund has reassessed the role of sustainability in its operations and strives to integrate best practices into its management approach. The Fund’s endeavours have resulted in the formation of a Sustainability Policy and Framework, strengthening of the Sustainability Governance Structure and a comprehensive review of its material sustainability matters. The Fund has also conducted a gap analysis exercise against relevant standards to identify areas of enhancement and develop plans to close the gaps while ensuring compliance. “ “ AL-`AQAR HEALTHCARE REIT ANNUAL REPORT 2021 078
RkJQdWJsaXNoZXIy NDgzMzc=