50 CAPITALAND CHINA TRUST SOCIAL SOCIAL AND RELATIONSHIP CAPITAL Supply Chain As a CLI-listed REIT, CLCT adopts the sustainable procurement principles in the CLI Procurement Policy. This is in alignment with CLI's sustainability commitments as a signatory to the United Nations Global Compact (UNGC). Its supply chain providers (suppliers) are assessed for their ability to adhere to CLI’s sustainability practices during the admission and pre-qualification stages. The appointed suppliers are subject to regular evaluations of their performance to ensure ongoing adherence to the procurement policy. Non-compliances will be flagged out for correction and high sustainability risk suppliers with performance issues will be monitored closely for improvement. Suppliers that contravened or attempted to contravene any Anti-Corruption Laws will be subject to termination of the contract. To further strengthen CLI supply chain management, CLI subscribed to an external platform which will conduct an ESG due diligence screening on CLI suppliers based on publicly available information. Suppliers are screened and rated based on the risk and resilience of each ESG factor, which include corruption, human rights, politically exposed parties, sanctions, safety, environmental regulation breaches, etc. For more information on supply chain management, please refer to page 40 of this report. Government Agencies and Regulators CLCT is committed to regulatory compliance. Procedures are in place to ensure that its activities and operations comply with existing regulatory requirements. This commitment is upheld through consistent monitoring, evaluation, and audit of the CLI EHS management system. Community / NGOs CLCT organises activities that are aligned with its focus on community investment, raising awareness and stakeholder engagement in the areas of philanthropy, environment, health and safety. In China, the public and tenants can sign up for these events at CLCT’s retail malls and business parks. The social capital generated in these focus areas supports CLCT’s business growth. Our Sponsor, CLI, actively invests into the local communities in which it operates, by identifying suitable causes with local stakeholders and involving CLI employees. CapitaLand Hope Foundation (CHF), the philanthropic arm of CapitaLand Group, contributes towards building resilience in communities where CapitaLand operates, through supporting education, health and well-being initiatives, targeting at children, youth and seniors. Over the years, CHF has successfully launched several flagship programmes such as CapitaLand Hope School Programme, #LoveOurSeniors Programme and CapitaLand-Bright Horizons Fund Ready-for-School Programme. #LoveOurSeniors Meal Delivery The CHF is dedicated to supporting seniors in aging comfortably within their community through the #LoveOurSeniors initiative. This initiative aims to improve the quality of life for seniors, through better nutrition, enhanced well-being and improved living conditions. Through a range of supportive activities, #LoveOurSeniors is committed to ensuring that the elderly remain connected, engaged, and valued members of the community. Over 3,150 seniors benefitted from the #LoveOurSeniors initiative in 2023. CHF collaborated with Dorcas Home Care Service, Thye Hua Kwan Moral Charities, and TOUCH Community Services, to provide over 4,000 meals to the vulnerable seniors. Over 300 volunteers from CapitaLand Investment (CLI) including CLCT employees contributed to this meaningful activity.
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