Environmental, Social and Governance
Stakeholder Engagement Policy
Commitment
- Stakeholders are internal and external parties that have a material direct or indirect impact on Prosperity REIT’s businesses. Our key stakeholders include, but are not limited to unitholders, tenants, business partners (such as vendors, service providers, suppliers etc.), community and employees.
- With the evolving business environments, Prosperity REIT believes that communicate clearly, honestly and respectfully with our stakeholders allows us to better understand their concerns, and how we can better deliver our sustainability goals.
- Given the diversity of our stakeholders, we are committed to engaging in timely and meaningful dialogue with our stakeholders. The following sections demonstrate our commitment in stakeholder engagement and the respective actions to be taken to maintain healthy and interactive relationships with stakeholders.
Approach
To better respond to stakeholders’ concerns, we have identified the objectives in engaging stakeholders, namely the key interests of stakeholders. The table below summarized the information as well as the methods of engagement:
Objectives in engaging stakeholders |
Key interests of stakeholders |
Methods of engagement |
Unitholders
|
|
|
Tenants
|
|
|
Vendors/ Service Providers/ Suppliers
|
|
|
Community
|
|
|
Employees
|
|
|
Implementation and Review
- The Sustainability Steering Committee is responsible for the oversight of this Policy with the assistance of the Environmental, Health & Safety (EHS) & Supply Chain Management Task Group, Community Affairs Task Group and Employee Relation Task Group, as well as the Sustainability Working Groups for the implementation.
- The implementation progress, status, and related performance of this Policy will be reported in our environmental, social and governance (ESG) Report on an annual basis.
- This Policy will be reviewed by Sustainability Steering Committee from time to time and update the content as appropriate.