Given our high dependency on reliable water supply, efficient water management is vital for our business operations. UOL utilises both potable water and NEWater, a type of reclaimed wastewater sourced from municipal supplies, across building operations, maintenance activities and development projects. While Singapore is classified as a low water-risk area according to the World Resources Institute’s Aqueduct tool, we remain dedicated to responsible water management throughout our operations.
Our hospitality properties have implemented various water conservation initiatives to reduce overall water usage. For instance, all hotels have implemented a programme to encourage guests to reuse linen and towels. Additionally, rainwater harvesting systems are in use at Pan Pacific Orchard, PARKROYAL COLLECTION Marina Bay and PARKROYAL COLLECTION Pickering to further support our water conservation efforts.
In 2024, water consumption across our commercial and hospitality properties* reached 885 megalitres, representing a 9.4% increase compared with 809 megalitres in 2023. This increase is attributed to higher occupancy rates in our hospitality properties, the opening of Odeon 333 in 2024, and Pan Pacific Orchard was fully operational throughout 2024, following its opening in June 2023. Despite this, the Group’s water intensity by GFA occupied in 2024 remained at 2.2 m3/m2, similar to 2023. Compared with our 2019 baseline, water consumption decreased by 2%.
We remain committed to tracking and monitoring our progress towards our water consumption targets at our commercial and hospitality properties. This includes establishing effective water conservation strategies and implementing water-saving features to reduce our water consumption. We constantly review our water management plans, implement water-saving features where feasible, and utilise sub-metering systems to monitor water consumption patterns. In our development projects, water is reused for washing bays and dust control, contributing to lower overall water consumption. In 2024, water consumption for our development projects totalled 112 megalitres.
*Due to a faulty meter, Novena Square’s water consumption for July and August 2024 was estimated based on the consumption for July and August 2023.