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Climate Action 2011-2012

special Feature Keppel

special Feature Keppel land Building strengths, defining distinctions 162 climateactionprogramme.org Keppel Land Limited is the property arm of the Keppel Group, one of Singapore’s largest multi-national groups with key businesses in offshore and marine, infrastructure and property. As one of Asia’s premier property companies with beginnings dating back to 1890, Keppel Land has built up a sterling portfolio of award-winning residential and commercial properties developments, many of which are recognised for their sustainable design, construction and operational practices. IntegratIng sustaInabIlIty Into busIness A leading developer of green buildings across Asia, Keppel Land adopts a proactive approach towards environmental management to minimise environmental impact through innovations in green technologies and preserving biodiversity. The company’s dedicated efforts in sustainability are championed top down from the Group CEO and spearheaded by the Corporate Social Responsibility (CSR) Committee, which comprises representatives from various business units as well as dedicated managers responsible for implementing sustainable policies. The Committee consolidates and aligns Keppel Land’s green initiatives and provides a clear strategic direction to integrate environmental practices into the company’s business operations. Keppel land’s sustaInabIlIty journey 2006 • Achieved first Green Mark Gold award in Singapore; 2007 • Formed Environment Management Committee, which was renamed the CSR Committee in 2011; 2008 • Embarked on ISO 14001 Environmental Management System (EMS) certification for Singapore property development operations; • Attained Eco-Office certification by Singapore Environment Council for corporate headquarters; • Achieved first BCA Green Mark award in Vietnam; 2009 • Expanded ISO 14001 EMS certification scope to include property management in Singapore and property development in China and Vietnam; • Ocean Financial Centre became the first high-rise office development in South-east Asia to achieve Platinum level LEED-CS pre-certification; • Achieved first BCA Green Mark Gold award in China; 2010 • One of only two Singapore companies to be listed on the Dow Jones Sustainability Asia Pacific Index; • The only Singaporean company to be included in the Sustainable Asset Management Sustainability Yearbook 2011; • Named Most Admired ASEAN Enterprise for CSR at the ASEAN Business Awards; • Bagged the Merit Award for corporate environmental leadership at the Singapore Environment Achievement Awards; 2011 • Selected as an index component of the Dow Jones Sustainability World Index in addition to the inclusion in the Dow Jones Sustainability Asia Pacific Index for the second consecutive year; • Clinched the Product Excellence Gold Award for Ocean Financial Centre at the Global CSR Awards 2011; • Ranked the Best Performer in Asia and conferred the ‘Green Star’ status in the Global Real Estate Sustainability Benchmark 2011; • Bestowed the ‘Best in Class’ status by Norwegian financial institution Storebrand; • Conferred Best Sustainability Report Award at ACCA Singapore Awards for Sustainability Reporting. Moving ahead, Keppel Land has set as a benchmark for all its projects in Singapore and overseas the goal to achieve at least the Green Mark Gold rating by the BCA or its equivalent such as the United States’ Leadership in Energy and Environmental Design (LEED). Today, Keppel Land’s portfolio includes 26 BCA Green Mark certifications for its developments spanning across Singapore, China, Vietnam and Indonesia. In Singapore, all the company’s investment buildings have achieved the Green Mark Gold award, which recognises the green features

and energy efficient systems incorporated in these buildings. Annual energy savings from these investment buildings are estimated at over 5.3 million kWh – equivalent to an annual reduction of over 2,600 tonnes of carbon emission. the long-term Csr road map Recognising that a key challenge for developers is balancing environmental sustainability with economic viability, Keppel Land has set targets for its development projects to improve their overall environmental performances. Some of these environmental performance targets include: • Using at least 40 per cent of construction materials sourced regionally within 1,000 km; • Using building materials with at least 20 per cent recycled content for new developments; • Ensuring that at least 70 per cent of the gross floor area (GFA) is well lit by natural light; • Ensuring at least 20 per cent and 40 per cent of the total site area of its commercial buildings and residential developments respectively are covered by vegetation. Since 1997, Keppel Land has detailed its environmental initiatives in its annual reports. In 2007, the company produced its first standalone CSR report online. Working towards higher standards each year, Keppel Land has since published three GRI-accredited CSR reports, improving from a GRI-accredited Level C report in 2008 to a GRIaccredited Level B+ report with AA1000 Assurance in 2010, which won the Best Sustainability Report Award at the ACCA Singapore Awards 2011. The company is now currently working towards aligning its business operations with the ISO 26000 Standard, a voluntary international standard which provides guidance on social responsibility. With the integration of social responsibility into Keppel Land’s values and practices, the company will bring corporate social responsibility to the next level. InstIllIng a green Culture Keppel Land’s green benchmark achievements are largely supported by its pool of talents who possess the knowledge and expertise to contribute to a greener environment. As at end-2010, about 60 per cent of the company’s 64 project managers in Singapore and overseas have been trained as Green Mark Managers (GMM), Green Mark Facilities Managers and Green Mark Professionals, as well as the Singapore Certified Energy Manager. The company plans to have all its project managers GMM-certified by 2013. developIng eCo-ICons Ocean Financial Centre (OFC), the first high-rise office development in Southeast Asia to be conferred the prestigious LEED Platinum award and the first office development in Singapore to achieve the highest BCA Green Mark Platinum Award, is a showcase of green innovations. These include the largest solar panel installation for highrise buildings in Singapore’s central business district, an energy-efficient hybrid chilled water system, an integrated paper recycling facility, energy-saving features such as the eco-switch and regenerative drive lifts, and the largest green wall for office buildings in Singapore. Through these green features, OFC will achieve overall energy savings of 35 per cent and water savings of 42 million litres per year. Propelling Keppel Land’s status as a green developer on the international front is the development of pioneer eco-friendly homes in the Sino- Singapore Tianjin Eco-City. Seasons Park, Keppel Group’s first collection of eco-homes in Tianjin Eco-City, is distinguished by green features such as a thermal-performance building envelope, solar hot water heaters and pneumatic refuse collection systems. A landmark bilateral project between the Singapore and China governments, the 30 sq km Tianjin Eco-City will eventually be transformed into a sustainable development model of a practical, liveable city that is in harmony with resource-efficiency, environmental protection and ecological conservation. Recognising the two-fold benefit of eco-friendly business practices on the environment and on the bottom line, Keppel Land encourages active participation from its various key stakeholders, through its Go Green with Keppel Land outreach programme, where various environmental-themed events are regularly organised by the CSR Committee. Tianjin Eco-City, China. Ocean Financial Centre, Singapore. Keppel Land Limited, 230 Victoria Street, #15-05 Bugis Junction Towers, Singapore 188024 Tel: +65 6338 8111 | Fax: +65 6337 7168 Email: csr@kepland.com.sg | Web: www.keppelland.com.sg 163 climateactionprogramme.org