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UOL’s sustainability report for the fiscal year 2022, “Built Better, Future Growth”, was published on 12 May 2023. The report was prepared in accordance with the Global Reporting Initiative (GRI), a global reporting standard.

In the report, UOL Group Chief Executive Liam Wee Sin shared the progress of the Group’s sustainability initiatives implemented in 2022. In terms of decarbonisation effort, long-term decarbonisation targets were set to reduce the Scope 1 and 2 emissions of its commercial and hospitality properties in Singapore. For the first time, Scope 3 emissions were reported. The Group also started to align its climate disclosures with the Task Force on Climate-related Financial Disclosures (TCFD) recommendations, which is a global framework for making consistent climate-related disclosures meaningful to stakeholders. Several programmes were rolled out to empower its communities as the Group remains committed to driving sustainable change.

Mr Liam said: “Advancing our sustainability ambitions and building climate resilience is a journey. We draw on our long history of being a force for good in our communities by placing sustainability at the heart of our business to Build Better for Future Growth.”

Click here to read the full report.