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CDL Hospitality TrustS
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SUSTAINABILITY REPORTING
CDLHT and Sustainability
Having a sizeable investment portfolio of hotel properties, CDLHT is aware of the impact of its business on
the environment and society and recognises that investors these days do not regard fnancial success as the
sole indicator of performance. In addition to fnancial performance, CDLHT recognises that a credible record in
sustainability would boost its reputation in the hospitality industry and further improve its relations with various
stakeholders. As such, CDLHT will continue to monitor its sustainability eforts in order to achieve an optimum
balance and enhance Security Holders’ interests. To add value to stakeholders including not only Security Holders
but also the societies and environments in which H-REIT operates (noting that HBT is currently dormant), the
H-REIT Manager adopts a balanced approach to sustainability, keeping in mind CDLHT’s objectives, the available
resources and CDLHT’s operating framework.
Ongoing Sustainability and Capital Expenditure Eforts at CDLHT’s Hotels
H-REIT leases its hotel properties to master lessees, which operate the respective hotels or maintain management
agreements with hotel operators. The H-REIT Manager therefore works with professional hotel operators and
lessees and accordingly adopts a co-operative rather than prescriptive approach to sustainability in its hotels as it
depends largely on the external hotel operators and lessees to steer the hotel operations in a sustainable manner.
H-REIT is cognizant and appreciative of the eforts made by its hotel operators in the feld of sustainability. Its
hotels proactively take steps to reduce water and energy consumption, minimise waste and carbon emissions
and endeavour to adopt internationally-recognised best practices in environmental management. In particular,
some of its hotels have been working on enhanced chiller energy efciency and/or LED lighting in selected
areas of the hotel where replacement of the LED lighting is underway or are deemed appropriate.
The H-REIT Manager complements such ongoing sustainability eforts by promoting sustainability through the
management of capital expenditure, particularly where there are cost-savings benefts, such as through the
reduction of energy consumption.
Chiller
Both Novotel Singapore Clarke Quay and Copthorne King’s Hotel have replaced their chillers in FY 2012. Novotel
Singapore Clarke Quay commissioned two of its chillers and cooling towers in 4Q 2012 whilst Copthorne King’s
Hotel’s new, energy-saving chiller became fully operational in December 2012. Both hotels are working towards
achieving a Green Mark “Gold” certifcation from the Building and Construction Authority of Singapore and are
expected to reap the full benefts of the energy consumption savings in FY 2013.
At the Grand Copthorne Waterfront Hotel, the hotel is studying the feasibility of replacing three of its chillers
for long term energy savings, with possible replacements in FY 2013/2014.
As for the other Singapore hotels in H-REIT’s portfolio, chiller plant room preventive and predictive maintenance
works are carried out based on the original equipment manufacturers recommendation. This includes regular
servicing, an annual overhaul of the hotel chillers and a major chiller optimization overhaul to be carried out
typically every fve years or so.