Rank SRO Material Issue(s) Value Chain Stakeholders Impacted Business Activities Time Horizons 1 Transition towards a low carboneconomy leading to increased expectations for green or energy efficient buildings that meet sustainability targets for buildings Energy Efficiency and Adoption of Renewables, Green and Healthy Buildings All Design and architecture, Construction, Property acquisition, Production of raw materials and consumables, Procurement, Human resource management, Property management and operations, Property and asset management, Sales and marketing, Service delivery, Use of leased spaces Short-term, medium-term 2 Increased occurrence and severity of extreme weather events (e.g., cyclones, inland flooding, wildfires) Climate Resilience and Adaptation, Governance and Business Conduct, Occupational Health, Safety and Well-being All Construction, Production of raw materials and consumables, Procurement, Property management and operations, Property and asset management, Sales and marketing, Human resource management, Service delivery, Use of leased spaces Medium-term, long-term 3 Increasingly stringent emissionsrelated regulations (e.g., carbon pricing) that present transition risks such as increasing prices of energy/fuel Energy Efficiency and Adoption of Renewables, Responsible Supply Chain, Climate Resilience and Adaptation All Construction, Production of raw materials and consumables, Procurement, Property management and operations, Property and asset management, Firm infrastructure, Sales and marketing, Service delivery, Use of leased spaces Short-term, medium-term, long-term 4 Increasing expectations to incorporate ESG factors in investment management and supply chain management Climate Resilience and Adaptation, Energy Efficiency and Adoption of Renewables, Sustainable Finance Upstream, Own operations Construction, Production of raw materials and consumables, Procurement, Human resource management, Property management and operations, Property and asset management, Sales and marketing, Service delivery Short-term, medium-term, long-term 5 Increasing demand and supply for sustainable products and low carbon solutions for climate adaptation and mitigation (e.g., green buildings, green leases, green bonds) Energy Efficiency and Adoption of Renewables, Green and Healthy Buildings, Innovation, Product/Service Quality and Responsibility, Sustainable Finance Upstream, Own operations Design and architecture, Construction, Technology Development, Production of raw materials and consumables, Property acquisition, Procurement, Human resource management, Financing and investment, Property management and operations, Property and asset management, Sales and marketing, Service delivery Medium-term, long-term ANNUAL REPORT 2024 SUSTAINABILITY 53
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