Sustainability Governance

The Board has the fundamental responsibility for Fortune REIT’s sustainability. The Board oversees all relevant sustainability issues, covering environmental, social and governance topics, and a Sustainability Committee was established to assist the Board in effective execution of Fortune REIT’s sustainability strategy, managing its sustainability performance and conveying its expectation to stakeholders including employees and the Property Manager. The Sustainability Committee conducts bi-monthly meetings to review sustainability issues, progress of implemented measures and pursues constant improvement on Fortune REIT’s sustainability performance.

Responsibilities of the Sustainability Committee

Formulate sustainability strategy
Target setting and review
Monitor performance
Review policies and measures
Identify, prioritise and manage sustainability risks and opportunities

Coordinate ESG reporting
Ensure execution of measures by Property Manager
Engage stakeholders in the decision-making process

ESG Policies

To promote a high level of accountability, credibility and transparency, we have put in place a well-established framework of policies, processes and management systems.

Environmental

Climate Change Adaption, Mitigation and Resilience Environmental Management System Indoor Environmental Quality Energy and Emissions Management Net Zero Carbon

Sustainable Procurement

Contractor Environmental Regulation

Environmental Protection Environmental Resource Management

Social

Diversity, Equity and Inclusion Quality of Assets and Services

Group Human Resources

Stakeholder Engagement

Employee Handbook

Community Development

Personal Data Protection

Human Rights

Contractor Safety

Health and Safety

Governance

Anti-Bribery & Corruption and The Handling of Gifts, Travel & Entertainment Anti-Money Laundering & Counter Terrorist Financing & Sanctions Code of Conduct & Business Ethics Employee Dealing and the Handling of Inside Information

Enterprise Risk Management Framework

Corporate Governance Code

Conflicts of Interest

Board Diversity Policy

Whistleblowing Unitholders’ Communication

Supplier Code of Conduct

Crisis Management

Responsible Investment

Information Security

Group Crisis Management

Social Media

Stakeholder Engagement

Fortune REIT believes that active response to the expectations and concerns of stakeholders is integral to its operations and development. As committed in its Stakeholder Engagement Policy, Fortune REIT communicates frequently and effectively with its stakeholders to develop positive relationships with the communities in which it operates.

Stakeholder Engagement Mechanism

Fortune REIT engages with its significant stakeholders through various channels including questionnaires/surveys, roadshows and community events.

Significant Stakeholders of Fortune REIT

Stakeholders

Trustee/investors

Communication channels

Annual general meeting
Annual reporting
Questionnaires
Website and social media
Email and hotline
Press releases
Investor meetings and roadshows

Stakeholders

Customers and shoppers

Communication channels

Questionnaires
Website and social media
Fortune Malls App
Email and hotline
Customer service counters and management offices
Partnering with NGOs and community events

Stakeholders

Property Manager

Communication channels

Regular meetings
Sustainability Committee meeting
Questionnaires
Website
Email and hotline

Stakeholders

Tenants

Communication channels

Tenants meeting
Circulars
Eco-taskforce
Tenant satisfaction survey
Questionnaires
Website and social media
Fortune Malls App
Email and hotline

Stakeholders

Contractors

Communication channels

Supplier Code of Conduct
Questionnaires
Website
Email and hotline
Meetings

Stakeholders

Employees

Communication channels

Employee satisfaction survey
Employee communication and engagement programmes

Stakeholders

Non-governmental organisations

Communication channels

Website
Annual reporting
Email
Questionnaires
Partnering with NGOs and community events

Sustainability Governance

Responsibilities of the Sustainability Committee

ESG Policies

Environmental

Social

Governance

Stakeholder Engagement

Stakeholder Engagement Mechanism

Significant Stakeholders of Fortune REIT

Recognitions

Related Links