Environmental Responsibility

The Manager recognises that every organisation has a corporate responsibility and an obligation to minimise adverse impact on the environment and it has taken proactive steps to implement a set of eco-friendly initiatives and practices.

World Environment Day
In conjunction with the World Environment Day on 5 June 2008, several green activities were launched to encourage staff to adopt environmentally-friendly practices.

Banners to promote awareness of green issues amongst tenants and visitors were exhibited at the lobbies of all K-REIT Asia’s buildings. Some of the green issues highlighted at the exhibitions include climate change, waste minimisation and recycling.

Staff also attended a lunch-time talk organised at the National Library, featuring an eco-stellar line of Singapore’s environmental champions. Dr Geh Min, President of the Nature Society, shared on the topic ‘Saving the Forests, Saving the Earth’ while Professor Leo Tan from the Nanyang Technological University shared on ‘Low Carbon Strategies: Ways to Green-Up Your Life’. The third speaker, Mr Stewart Tai, Facilities Management Manager from Alexandra Hospital elaborated on a case study on how the hospital management improved the well-being of their patients by building a green haven within the hospital’s premises.

Participants brought unwanted recycleable items and dropped them into the recycling bins at the event and also made pledges to take active steps towards being more ecologically aware in their daily lives. In return, pledgers received recycle-able bags and mugs.

On 7 June 2008, staff and tenants of K-REIT Asia’s properties attended a complimentary screening of An Inconvenient Truth, an acclaimed documentary about global warming, championed by former United States Vice President, Al Gore.

Environment Champions
K-REIT Asia’s representatives attended the Environment Champions Workshop on 5 September 2008. The workshop, a first in a series of three, was jointly organised by Keppel Integrated Engineering and the National Environment Agency (NEA). It allows environment champions from different companies to gain valuable knowledge and share innovative ideas with their organisations on how they can help to protect the environment.

During the workshop, the ‘green champions’ worked in groups to brainstorm on how to pitch, plan, communicate and implement environmental initiatives. K-REIT Asia’s representatives also pledged commitment to play their role for the environment during the workshop.

Reducing, Reusing and Recycling
The three recycling bins that were placed at Keppel Towers and GE Tower in 2007, were well-used by tenants. In 2008, the Manager continued with this initiative and placed another four recycling bins at Bugis Junction Towers.

To promote recycling efforts, the Manager printed 500 recycle-able carry bags and distributed them as corporate gifts. This helped to convey and promote the message of environmental conservation to external parties and express the Manager’s commitment towards recycling and reduction of unnecessary usage of resources - in particular the overuse of plastic shopping bags.

K-REIT Asia continued to make its Annual Reports available online at its corporate website, enabling users to access them quickly and at their convenience - saving both paper as well as costs incurred for printing and mailing.

Both K-REIT Asia’s Annual Reports for 2007 and this report for 2008 are printed on semi-wood free paper.

Green Buildings
The Manager aims to raise the standard of environmental performance for K-REIT Asia’s office buildings. The Manager believes that sustainable buildings will not only reap benefits for the environment but also in corporate branding and reputation, energy savings as well as tenants’ well-being.

The Manager is looking into obtaining the Building and Construction Authority of Singapore (BCA) Green Mark certification for all K-REIT Asia’s buildings. The BCA Green Mark is a green building rating system used to evaluate a building for its environmental impact and performance. It is endorsed and supported by the NEA. For instance, the Manager is currently in the process of upgrading airconditioner chillers at Keppel Towers and GE Tower to energy-efficient units so as to ensure that they fall within the Green Mark guidelines.

K-REIT Asia’s buildings have pockets of green relief.

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