- 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.
Far East Hospitality Trust
Greenhouse gas emissions & sustainability report data
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.
GHG Emissions
15.3K tCO2e
2023
Water Usage
419.8 m3
2023
Energy Use
33.2 million kWh
2023
π Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 1.5K tCO2e |
| Scope 2 | Indirect 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.
β Reported Environmental Achievements
- Energy consumption and carbon emissions intensity per occupied room decreased 1.2% and 1.6% year-on-year, respectively.
- 5 properties certified under the Green Mark scheme by the Building and Construction Authority (βBCAβ) of Singapore.
- Completed a feasibility study for upgrading the chiller system at Village Hotel Changi aiming to reduce energy consumption by 40% to 45%.
π― Climate & Sustainability Targets
π 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 (βBCAβ) of Singapore
π Medium-term
- Assess an appropriate intermediate emissions target for 2030
π Long-term
- Achieve net-zero emissions by 2050
π± ESG Focus Areas
Economic PerformanceClimate ResilienceOccupational Health and SafetyTalent DevelopmentDiversity and Equal OpportunityCustomer Health and SafetyCommunity Well-beingWater ManagementSustainable Supply ChainEthics and ComplianceTenantsβ Well-being