Sustainability

As a developer with a strong legacy, we are committed to our vision of creating value, shaping future by conducting our business operations in a manner that complies with high standards of corporate governance and considers environmental and social impact to sustain profitable growth.

Sustainability Vision

Less Carbon, More Life

Our Sustainability Vision of “Less Carbon, More Life” underpins our commitment to shape a resilient built environment and contribute towards a clean, green and sustainable future.

Sustainability Framework

We developed the UOL Sustainability Framework to guide us in creating value and shaping the future for our stakeholders in a responsible and structured manner.

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Sustainability Governance Structure

The Group’s sustainability governance structure permeates functions and seniority, ensuring that sustainability is integrated both at the strategic and operational levels.

Board of Directors

Audit, Risk Management
and Sustainability Committee

Chaired by an Independent & Non-executive Director

Sustainability Steering Committee

Chaired by Group Chief Executive and
Chief Legal Officer/Company Secretary

Sustainability Working Committee

Led by General Manager, Corporate Communications,
Investor Relations & Sustainability and supported by
business units across the Group

The Board of Directors oversees ESG topics and considers them in UOL’s strategic business plans. As of 26 October 2022, the Audit and Risk Committee has been renamed as the Audit, Risk Management and Sustainability Committee (ARMSC) and the terms of reference of the ARMSC include reviewing and advising the Board on the Group’s overall sustainability strategy. The ARMSC is chaired by an independent, non-executive Director and comprises two other independent, non-executive Directors. The ARMSC provides strategic direction to the Sustainability Steering Committee (SSC), which drives the Group’s sustainability efforts. The SSC is chaired by both the Group Chief Executive and Chief Legal Officer/Company Secretary, and comprises the PPHG Chief Executive Officer and members of the Senior Management team. The Sustainability Working Committee (SWC), led by the Corporate Communications & Investor Relations department, supports the SSC in sustainability strategies, reporting and materiality assessment. The SWC comprises representatives across departments, including Commercial and Group Marketing (Commercial), Corporate Engineering and Development (Commercial & Hospitality), Finance, Human Resource, Legal & Secretariat, Management Office, Project Development, and the Group’s hotel subsidiary PPHG.

UOL’s sustainability reports are found here.