Sustainability and Climate Report Our Sustainability Approach UHREIT’s sustainability vision is to deliver a sustainable future for all our stakeholders and in the markets which we operate, in support of wider global sustainable development goals. We pursue sustainable growth by striving towards economic, social, and environmental progress and delivering superior returns for our Unitholders. Our sustainability approach focuses on three key areas – Management Oversight, Environmental Stewardship and Community Engagement. Management Oversight Establish sound governance, diversity, compliance, and managerial practices which create greater transparency and insight for our stakeholders. Ensures that all parties are working towards the same objectives, with a common purpose. Environmental Stewardship Understanding and implementing green building and environmentally friendly practices to delivers cost savings and improved operating income. At the same time, it mitigates risks, enhances asset value, and creates a more compelling and competitive product in line with community desires. Community Engagement Serving the needs of our stakeholders, communities and employees is a critical part of our success. Through our “in service” mindset, UHREIT passionately and relentlessly strives to create industry goodwill. Our internal culture and emphasis on employee growth recognises that our success is critically linked to the people we work with and the markets in which we operate. UHREIT’S SUSTAINABILITY VISION Deliver a sustainable future for all our stakeholders and the markets in which we operate Figure 2: UHREIT’s Sustainability Approach Materiality Assessment [3-1] [3-2] The materiality assessment supports UHREIT in identifying key sustainability-related topics for the business, allowing UHREIT to focus its sustainability efforts and create greater value for stakeholders. The Board and management review and determine the material EESG factors each year, taking into account prevailing operations, business strategy, macroeconomic conditions, peers and industry benchmarking and stakeholder concerns. The latest evaluation was conducted in FY2024, where UHREIT undertook a double materiality assessment to assess sustainability topics more holistically. This assessment considered both impact materiality (the “inside-out” perspective), which examines UHREIT’s impacts on the economy, environment and people, and financial materiality (the “outsidein” perspective), which assesses how sustainability-related issues may affect UHREIT’s financial performance and long-term value creation. 66 UNITED HAMPSHIRE US REIT
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