Our approach to sustainability
We are here for stakeholders who share our commitment to integrity, respect for the environment, and our focus on people-centered practices. Sustainability can’t be isolated in a single function, which is why we’ve adopted a business-wide approach to sustainability to manage our impacts across our value and supply chains.
The first step on our journey has been to define our sustainability issues and metrics through referencing global movements, such as the B Impact Assessment by B Lab; reporting guides, such as Singapore Exchange’s list of 27 core ESG metrics and the GRI Standards; and sustainable procurement guides, such as the ISO 20400:2017. We conduct regular data collection exercises to monitor our performance and adjust our initiatives based on changing circumstances, emerging best practices and new benchmarking data.
We are proud to be a Certified B Corporation, which means we’re part of a global community of businesses that meet high standards of social and environmental impact. Since 2019, Sedar Properties has achieved climate neutrality for Scopes 1 and 2 operational emissions, and partial Scope 3 emissions; in addition to 100% sourcing of green energy for managed properties since 2021.
Because advocating for industry progress is important to us, as a member of the Singapore Green Building Council (SGBC) and a signatory to SGBC’s Embodied Carbon Pledge, we are committed to:
Opting for building materials with lower embodied carbon;
Minimising materials usage and wastage through collaborative design and optimisation; and
Transforming construction site processes to utilise electricity and renewable sources of energy.
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We acknowledge that contributing to the development and regeneration of communities comes at a cost to the earth and we are passionate about continuous learning, and developing an action plan to measure and reduce our environmental impact.
Together, we commit to:
Building a culture of sustainability by developing the awareness and involvement of our team members.
Establishing business unit-specific strategies for reducing our environmental impact.
Sharing best practices across our business units.
Incorporating sustainability considerations into our business decisions.
We believe that sustainability and good design come together. As such, our design philosophy is to:
Design to last.
Design to benefit the users.
Design for harmony between the natural and built environment.
Design to create opportunities for learning and long-term value creation.
We work with the local construction industry and our suppliers to build:
Cleverly by minimising resource consumption and using lower carbon materials.
Efficiently by eliminating waste and embracing new technologies.
And we seek to partner our resident and retailer communities to continuously reduce our environmental footprint through responsible consumption and production.
The real estate industry urgently needs a green transition and we’re working with our sister organisation Rumah Investments to deploy innovative solutions to support the decarbonisation of our portfolio.