Far East Hospitality Trust

Greenhouse gas emissions & sustainability report data

πŸ“Š Latest report period: 2023πŸ—‚οΈ Report periods on file: 2023

In its 2023 reporting, Far East Hospitality Trust disclosed greenhouse gas emissions of 15.3K tCO2e. By scope: Scope 1: 1.5K tCO2e; Scope 2: 13.8K tCO2e. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

πŸ’¨
GHG Emissions
15.3K tCO2e
2023
πŸ’§
Water Usage
419.8 m3
2023
βš™οΈ
Energy Use
33.2 million kWh
2023

πŸ“Š Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).1.5K tCO2e
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.13.8K tCO2e

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

βœ… Reported Environmental Achievements

🎯 Climate & Sustainability Targets

πŸ”œ Short-term

  • Reduce the average energy intensity (per occupied room) of Far East H-Trust properties by 2% on a yearly basis.
  • Ensure that all newly developed Far East H-Trust buildings in Singapore are designed to qualify for the minimum Green Mark status by the Building and Construction Authority (β€œBCA”) of Singapore

πŸ“… Medium-term

  • Assess an appropriate intermediate emissions target for 2030

πŸ”­ Long-term

  • Achieve net-zero emissions by 2050

🌱 ESG Focus Areas

Economic PerformanceClimate ResilienceOccupational Health and SafetyTalent DevelopmentDiversity and Equal OpportunityCustomer Health and SafetyCommunity Well-beingWater ManagementSustainable Supply ChainEthics and ComplianceTenants’ Well-being

⚠️ Challenges & Risks +

  • Increased energy consumption (5.4% increase) and higher carbon emissions (4.8% increase) due to higher occupancy following the pandemic.
  • Increased water consumption (28.9% increase) due to higher occupancy.

πŸ“‹ Report Information

Reporting Period: 2023
Frameworks: GRI Standards 2021, TCFD, SGX-ST Listing Rules (711A and 711B), SGX Sustainability Reporting Guide, MAS Environmental Risk Management measures for Asset Managers
Assurance: Internal review conducted by an independent internal auditor