Starhill Global REIT - Annual Report 2016/17

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SCOPE OF THE REPORT
The scope of this report covers the financial
year from 1 July 2016 to 30 June 2017. The report
has been prepared in accordance with the
Global Reporting Initiative (GRI) G4 Guidelines
– Core, and the GRI Construction and Real
Estate Sector Supplement (CRESS).
Unless otherwise stated, the report covers the
ESG performance of SGREIT’s properties across
its core portfolio of properties in Singapore,
Australia and Malaysia, with FY 2015/16 data
for comparison, where available. Environmental
performance pertains only to the common
areas within SGREIT’s properties which are
actively managed by the property managers,
and where the Manager (YTL Starhill Global
REIT Management Limited) has the ability to
monitor and influence the efficiency of utilities.
The environmental performance of the report
does not include master-tenanted areas and
long-term leases over which SGREIT does not
have operational control, namely Toshin at
Ngee Ann City Property, Myer department
store at Myer Centre Adelaide and David
Jones department store at David Jones
Building. The data presented includes the
master-tenanted properties in Malaysia
which is under a master lease with Katagreen
Development Sdn Bhd, an indirect wholly-
owned subsidiary of YTL, but excludes the
data on the remaining space at Ngee Ann
City Property whereby the common areas of
the Property are not within the operational
control of SGREIT. The data on waste for
Singapore encompasses Wisma Atria under
the Management Corporation Strata Title. This
includes Wisma Atria Property which is owned and
managed by SGREIT, as well as Isetan’s own strata
space. The data on recycled waste for Malaysia
refers to its used cooking oil while data on the total
waste for Malaysia is not available.
The Product Responsibility and Human Capital
performance indicators pertain only to the
Manager and the Property Manager (YTL
Starhill Global Property Management Pte. Ltd) in
Singapore. Data on the Manager’s workforce is
reported in relation to the Manager in Singapore
and does not include the small team in China.
Countries which account for less than 5% of
revenue and not deemed strategic were not
included in the scope of reporting. Please refer to
figure 1 for the summarised report scope.
This report forms part of SGREIT’s Annual Report
FY 2016/17 and can be viewed or downloaded
from We aim to
provide a clear and comprehensive representation
of our annual progress creating economic,
environmental and social value by addressing
the interests of our stakeholders. As part of our
continued efforts to improve our reporting, we
welcome stakeholders to submit their comments
and feedback to .
This Sustainability Report will be published
annually to report on the performance and
strategy on issues that are key to our stakeholders.
PORTFOLIO
BY COUNTRY ENVIRONMENTAL
PRODUCT
RESPONSIBILITY COMMUNITY
HUMAN
CAPITAL
SINGAPORE
Wisma Atria Property
Ngee Ann City Property(1)
AUSTRALIA
Myer Centre, Adelaide (1)
David Jones Building, Perth (1)
Plaza Arcade, Perth
MALAYSIA
Starhill Gallery, Kuala Lumpur
Lot 10 Property, Kuala Lumpur
JAPAN
Daikanyama(2) (3) N.A.
Ebisu Fort (2) (3) N.A.
Nakameguro Place(2) (3) N.A.
CHINA
China Property(2) (4) N.A.
FIGURE 1: PROPERTIES IN SCOPE FOR THE REPORT
Notes:
(1) Data presented does not include
the master-tenanted areas and
long-term leases which SGREIT
does not have operational control,
namely Toshin at Ngee Ann City
Property, Myer department store
at Myer Centre Adelaide and
David Jones department store at
David Jones Building. The data
presented includes the master-
tenanted properties in Malaysia
which is under a master lease
with Katagreen Development Sdn
Bhd, an indirect wholly-owned
subsidiary of YTL but excludes the
data on the remaining space at
Ngee Ann City Property.
(2) Countries which account for
less than 5% of revenue and not
deemed strategic are not included
in the scope of reporting.
(3) Beneficially owned by Starhill
Global REIT One TMK.
(4) Held by Renhe Spring Department
Store Co., Ltd.
ABOUT THIS REPORT
SUSTAINABILITY
REPORT 61