Environmental, Social & Governance
ARA aims to be a responsible real assets fund manager to our investors, employees and communities. We place a strong emphasis on integrity, and are committed to the highest standards of corporate governance in managing the assets on behalf of our investors. Socially, we believe in creating an inclusive and diverse work environment, empowering our staff for them to learn and grow with the company. As part of our corporate social responsibility efforts, ARA contributes to the communities it operates in through donations, scholarships, staff voluntarism as well as various other community-wide initiatives. On the environmental front, we believe that the effective management of our assets will lower our carbon footprint, help conserve natural resources and combat climate change. Above all, we strive to deliver the best-in-class assets and services to our stakeholders.
Our commitment to sustainability allows us to create long-term value for all our stakeholders and to drive business growth. However, sustainability is always a work-in-progress. As we journey on to Think Sustainable, Act Responsible, we will continue to make strides towards our sustainability vision and mission in the years to come.
“We are proud of what ARA has achieved over the past few years, and we have ambitious plans going forward, with a clear sustainability purpose. We will continue to build on our momentum as a responsible fund manager and good corporate citizen.”Lim Hwee Chiang John, Group Chief Executive Officer
ARA’s ESG Roadmap:
ARA adopts a holistic approach to embracing sustainability, by adhering to a robust framework of policies and initiatives designed to create an ESG-centric ethos and operating culture that will benefit all stakeholders. Our Sustainability Roadmap identifies specific targets that we expect to achieve annually by 2025 and beyond.
To date, many of our properties under management have attained “green accreditations”, such as 5-Green Star GRESB Ratings, leading to “green financing” arrangements exceeding S$1 billion in 2021. Peer recognition of our sustainability achievements include the Best Sustainable REIT Fund Manager in Asia Pacific and ESG Real Estate Investor of the Year in Asia.
Moreover, we have signed the WorldGBC’s Net Zero Carbon Buildings Commitment and simultaneously pledged to support the United Nations Principles of Responsible Investing, becoming the first real assets manager in Asia to do so.
“Because it takes years to build a reputation and mere minutes to wreck it, we’re always mindful of doing the right thing, even if it takes more time and effort”Mark Hwang, Head of Group Legal & Compliance
“Our people are our biggest asset. We value everyone regardless of gender, ethnicity, creed or age. Only a fair and inclusive culture can drive us forward continually.”Ng Beng Tiong, Assistant Group CEO, Group Chief Operating Officer
“Energy efficiency optimization is never a one-off upgrading exercise. We have to continuously upkeep the systems through proper equipment maintenance and keep a lookout for further improvement by embracing advancing property technology.”Lucas Tan, Engineering Manager