Al-`Aqar Healthcare REIT Annual Report 2020

Sustainability Statement 67 Sustainability Statement GOVERNANCE Enhancing Board/ management accountability through transparency business decisions and compliance to The Malaysian Code of Corporate Governance 2017 (MCCG 2017) and financial/non-financial disclosures ENVIRONMENT Putting acquisition of “green-buildings” as a priority in future acquisitions that would minimise operational costs and protect the environment. ECONOMIC Strengthening income streams from all our properties to ensure optimum returns to unit holders/ stakeholders SOCIAL Diversity in gender ratio and ensuring equality in compensation package across genders SUSTAINABILITY STRATEGY MANAGEMENT ACCOUNTABILITY The Board, CEO, management team, executives of business unit and service providers will be explicitly accountable for achieving sustainability goals DISCLOSURES Disclosure of sustainability risks, opportunities, performance, goals and strategies will help to build constructive relationships with key stakeholders, opens up new business opportunities, and enhance a company’s social license to operate. GREEN ENVIRONMENT The Fund will approach investment decision with full consideration on the social and environmental impacts of the investment through its business cycles and serve to not only minimize negative environmental and social impacts, but also serve as solutions to key sustainability challenges. SUPPLY CHAIN Ensure that suppliers meet the social and economic standards set by the Manager; whilst ensuring that at least 75% are local companies BUSINESS MODEL INNOVATION The Fund will innovate its services to enhance tenants’ satisfaction and in building collaborative business relationships EMPLOYEES The Fund Manager and core service providers will foster a diverse, inclusive and engaged work environment that holds sustainability considerations as a core part of recruitment, training and benefits EXECUTIVE & EMPLOYMENT COMPENSATION Sustainability performance results will be a core component of compensation packages and incentives plans for all executives and employees across gender.