VISION MISSION SUSTAINABILITY FRAMEWORK Establishing CDLHT as premier hospitality and lodging platform with sustainable, innovative, and quality accommodation spaces, generating long-term value for our stakeholders To enable sustainability profitability by acting as responsible stewards of our environmental and social landscapes VALUE Responsible investment and sustainable value ENVIRONMENT Climate resilience and environmental stewardship PEOPLE Inclusiveness, safety, growth and diversity COMMUNITIES Engage loval communities and advocate for positive impact GOVERNANCE Good governance and ethical business OUR SUSTAINABILITY APPROACH Guided by our sustainability vision and mission, CDLHT’s Sustainability Framework comprises five core sustainability pillars, which encompass our stakeholders’ priorities, drive our sustainability policies and initiatives, and allow us to create the greatest impact across our material ESG issues. Delivering Value And Best Practices As part of our commitment to be a responsible investor and generate long-term value for our stakeholders, CDLHT is driving ESG best practices across the portfolio through various initiatives. Through active asset management and understanding of various ESG initiatives across the portfolio, we create a community of practice that consolidates and shares these positive actions for implementation across all assets in CDLHT. Our environmental stewardship efforts span across building operations and include energy conservation, renewable energy sourcing, water conservation and waste reduction. These initiatives are being rolled out across all the properties in order to meet and exceed ESG benchmarks for our portfolio and align with industry best practice. Action Across Properties Portfolio hotels’ efforts on energy include energy conservation measures such as reducing the operating hours of lighting, heavy machinery, pool pumps. It has been possible to reduce air conditioning use in some cases by installing air curtains, films and shades to help keep buildings cool, as well as using better sealing for windows. Some properties have also upgraded their equipment to become less energy intensive – with the installation of more energy efficient stoves in kitchens and LED lighting, for example. Water conservation methods have included installation of water-saving shower heads and eco toilet flushing, along with monitoring of water use with smart water meters. Some properties also engage in rainwater harvesting for use in gardening. To reduce waste, we have implemented various measures, including using filtered water instead of disposable water bottles, recycling food waste and switching to digital guest invoicing and room keys. Finally, our properties are improving their social performance by offering regular trainings on workplace health and safety, as well as skills upgrading via e-learning platforms for staff. 95 OVERVIEW AND FINANCIAL REVIEW MARKET REVIEW LEADERSHIP STRUCTURE PROPERTY PORTFOLIO SUSTAINABILITY & GOVERNANCE FINANCIAL STATEMENTS AND OTHER INFORMATION
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