ESR's strategy in Asia
ESR Cayman, a major logistics real estate platform focused on China, Japan, South Korea, Singapore, Australia and India, has published its five-year vision roadmap and targets around ESG (environmental, social and governance) performance.
The group has set out a clear vision and targets including the improvement of gender ratios, achieving zero workforce fatalities, a 50% increase in solar power generation, a 20% reduction in group-wide energy consumption, and USD 15 million of social investment in local community foundations by 2030. These targets are explicitly aligned with the UN sustainable development goals (SDGs).
As of 30 June 2020, the fair value of the properties directly held by ESR and the assets under management by ESR recorded approximately USD 26.5 billion, and GFA of properties comprised 18.7 million sqm in total. ESR has been listed on the main board of The Stock Exchange of Hong Kong Limited since 1 November 2019. (sh)