88 AL-SALAM REIT APPROACH TO SUSTAINABLE DEVELOPMENT Sustainability Framework The REIT strengthened its commitment towards sustainable growth and development through the establishment of the Sustainability Framework. The Framework encapsulates the REIT’s principles through four (4) pillars and nine (9) key focus areas which the REIT believes are pertinent towards the nature of the business, and will serve as a guide to drive sustainability across the REIT’s operations. Transparet and comprehensive reporting practices in accordance to relevant standards Integrating sustainable business practices into management approach Monitoring and recording sustainability progress Increasing stakeholder engagement Procurement Practices Maximising value along our supply chain while minimising adverse impacts through a diligent selection process and local procurement Infrastructure Investment Upgrading facilities to ensure that properties operate at an optimum level for sustainable economic growth Climate Change Recognising the risk of climate change and managing energy e ciency Environmental Management Creating awareness on e cient water use and responsible management of waste to mitigate adverse environmental impacts Diversity and Development Providing fair and equal opportunities to our workforce for personal and professional development Health and Safety Creating a safe and healthy environment for our workforce Corporate Social Responsibility Promoting societal development by giving back to the communities in which we operate Governance and Business Ethics Safeguarding the reputation of the REIT through strong governance practices and ethical business practices Transparency Ensuring transparency in all nancial and non- nancial disclosures Sustainable Trust Fund Ensuring long-term sustainable returns while spurring socio-economic growth Robust Corporate Governance Upholding the highest standards of governance, business ethics and integrity Environmental Stewardship Conserving and preserving the environment through responsible management and practices Strong Social Relationships Creating a diverse and talented workforce within a safe environment while contributing to the community KEY ACTION PLANS Vision To deliver long-term sustainable value to our stakeholders and communities in which we operate Mission To integrate sustainable business practices throughout the REIT Our Commitment SUSTAINABILITY STATEMENT
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