CDL Hospitality Trusts - Sustainability Report 2022

SUSTAINABILITY REPORT ABOUT THIS REPORT CDLHT presents its sixth Sustainability Report for FY 2022. The Report is intended to be read in tandem with the CDLHT Annual Report and makes reference to sections within it . CDLHT has been listed on the Singapore Exchange Securities Trading Limited since 2006 and comprises CDL Hospitality Real Estate Investment Trust (“H-REIT”) and CDL Hospitality Business Trust (“HBT”). H-REIT’s principal investment strategy is to invest in a diversified portfolio of income-producing real estate, which is primarily used for hospitality, hospitality-related and other accommodation and/or lodging purposes globally. HBT’s principal investment strategy is to invest in a diversified portfolio of real estate or development projects, which is or will be primarily used for hospitality, hospitality-related and other accommodation and/or lodging purposes globally and may also include the operation and management of the real estate assets held by H-REIT and HBT. M&C REIT Management Limited is the manager of H-REIT (the “H-REIT Manager”), and M&C Business Trust Management Limited, is the trustee-manager of HBT (the “HBT Trustee-Manager”, and collectively the “Managers”). For more information on CDLHT’s business, please refer to page 2 of the Annual Report. Reporting Period And Scope This report scopes our portfolio properties and showcases our sustainability strategies and performance that took place for FY 2022. CDLHT’s portfolio comprises 19 operational properties that span across numerous geographies, of which, 18 properties form a part of the reporting scope for FY 2022 (1). Portfolio Properties Location Orchard Hotel Singapore Grand Copthorne Waterfront Hotel M Hotel Copthorne King’s Hotel Studio M Hotel W Singapore - Sentosa Cove Claymore Connect Grand Millennium Auckland New Zealand Mercure Perth Australia Ibis Perth Raffles Maldives Meradhoo Maldives Angsana Velavaru Hotel MyStays Asakusabashi Japan Hotel MyStays Kamata Hilton Cambridge City Centre United Kingdom The Lowry Hotel Pullman Hotel Munich Germany Hotel Cerretani Firenze - MGallery Italy Reporting Standards And Guidelines This Report is compliant with the SGX Listing Rules 711A and 711B and has been prepared with reference to the Global Reporting Initiative (“GRI”) Sustainability Reporting Standards. CDLHT applies theGRI Standards to its Report as the internationally recognised disclosures are most relevant to its business and provide holistic and effective guidance on the management strategy, performance tracking and target-setting processes pertaining to CDLHT’s material ESG topics. The GRI Content Index is available on page 121 of the Report. For FY 2022, CDLHT has also begun a journey to report in line with the Task Force on Climate-related Financial Disclosures (“TCFD”) recommendations, two years ahead of the SGX requirements for listed companies classified under the real estate sector. CDLHT’s TCFD Report also serves as disclosure against the Guidelines on Environmental Risk Management for Asset Managers issued by the Monetary Authority of Singapore (“MAS”). Accessibility And Feedback We have made this Report available online on our corporate website at In line with our environmental objective to conserve resources and minimise impact on the environment, CDLHT will only print a limited number of this report. As we aim to continuously progress in our sustainability journey, we welcome any feedback and comments regarding our Report. Please contact Mr. Paul Kitamura (Head, Asset Management) at (1) Hotel Brooklyn in the United Kingdom was excluded from the scope for FY 2022 for our GHG emissions, resource usage, and employee headcounts as the occupational lease is a full repairing and insuring one where the lessor has limited access to data. In particular, the occupational lessee and hotel manager are two separate third parties. 94 SUSTAINABILITY REPORT ANNUAL REPORT 2022