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ENVIRONMENTAL REPORT 2005 Protecting the Environment for Future Generations

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ENVIRONMENTAL REPORT 2005

Protecting the Environment for Future Generations

Environmental Report 2005

Investor Relations and Research Page 2

Contents Page

I. Introduction 3

II. Environmental Initiatives – Singapore 4

III. Environmental Initiatives – Overseas 11

IV. Recognition for Environmental Efforts 20

V. Management Commitment 24

VI. Staff Involvement 25

VII. Environmental Reporting and Audit 27

VIII. Conclusion 30

Environmental Report 2005

Investor Relations and Research Page 3

I. Introduction

As a major property developer contributing to changing landscapes in Singapore and

the region, Keppel Land makes conscious efforts to create vibrant living and working

spaces for its home­owners, tenants as well as the general public.

By striking a balance between economic objectives and environmental welfare, the

Group aims to enrich lives and build value for generations to come. This commitment

to caring for the environment and the guiding philosophy of creating quality living and

working spaces while integrating environmentally viable management drives the

design and development of all its projects, is part of the Keppel hallmark of quality.

Be it homes or offices, Keppel Land’s developments are carefully crafted with

detailed planning in structural design and landscape, carving out verdant sanctuaries

and green retreats within each development while at the same time ensuring minimal

encroachment into natural reserves.

Environmental Report 2005

Investor Relations and Research Page 4

II. Environmental Initiatives –

Singapore

Creating Green Havens

In Singapore, extensive green initiatives are undertaken at its residential

developments. At Caribbean at Keppel Bay apart from preserving historic docks into private waterways, the seafront development is home to 15

different botanical species, with some 2,200 shrubs and 800 trees. Plants indigenous to the Caribbean islands such as cabbage palms, were planted, with

special consideration to their tolerance of sea breezes.

At Park Infinia at Wee Nam, about 66% of the 230,000 sf site area is dedicated for lush landscaping and recreational facilities, such as open lawns, water features such as an eco­pond, a tropical spa, waterfalls and

flowing streams, creating an urban sanctuary.

Park Infinia at WeeNam

Environmental Report 2005

Investor Relations and Research Page 5

Besides residential projects, Keppel Land deliberately incorporates pockets of green space with verdant landscaping and interactive water features in the architecture of its office buildings. For instance, Prudential Tower features a trellis­lined green haven with wide canopy and palm trees, while a central

garden with water features nestles between Keppel Bay and HarbourFront

Tower One.

Top : Keppel Land built a park­cum­ playground next to Saigon Centre in Ho Chi Minh City, Vietnam

Right and bottom : Landscaped park at Prudential Tower

Keppel Land deliberately incorporates pockets of green space in the architecture of its office buildings.

Environmental Report 2005

Investor Relations and Research Page 6

Preservation of Historic Docks

Keppel Land is instrumental in the transformation of the 32­ha (equivalent to 45

football fields) former Keppel shipyard site into a landmark, premier housing

precinct called Keppel Bay, complete with commercial and marina components

as well as recreational facilities.

Endowed with a 1.2­km long shoreline, Keppel Bay enjoys a rare combination

of natural assets and prime location. The century­old site was carved out into

six distinctive plots to be developed over eight to ten years. It will have a total

gross floor area of 435,000sm, of which 88% is residential. Caribbean at Keppel

Bay is the first residential project that has been developed on the site.

In developing the project, historic shipyard docks were cleaned, preserved and

converted into water channels, which were integrated into the development as

waterways to promote marine life.

Dock No. 2, King’s Dock and Queen’s Dock, built in 1870, 1913 and 1956

respectively were preserved as water channels that fringe part of the

development.

Today, these waterways are thriving with marine life and many residents enjoy

fishing along the waterways for fishes, prawns and crabs.

Environmental Report 2005

Investor Relations and Research Page 7

Transformation of old Keppel shipyard (above) to Caribbean at Keppel Bay, a premier waterfront condominium (below)

Environmental Report 2005

Investor Relations and Research Page 8

Water Conservation

Keppel Land has installed water conservation systems in its buildings to recycle condensate water retrieved from air conditioning systems for watering plants.

Office buildings like Ocean Building, Ocean Towers and Bugis Junction Towers

have implemented water­saving measures using thimbles and other systems.

The interactive fountain at Bugis Junction runs on a built­in filtering system, which purifies and recycles water continuously.

Energy Conservation

Keppel Land is hosting a District Cooling Plant at Marina Boulevard as part of the development of its One Raffles Quay office project. This provides

centralised and more efficient air­conditioning system for adjoining sites. The

building is also designed using the innovative hybrid structural system which

minimises building weight and movements. In addition, energy efficiency

features such as the intelligent passenger lift system to pools passengers by

similar floor destinations to reduce waiting and travelling time and double­

glazed glass to help reduce heat from entering the building.

Interactive fountain at Bugis Junction

Environmental Report 2005

Investor Relations and Research Page 9

InterContinental Singapore, a champion of eco­friendly practices, has installed heat pumps to produce hot water for guestrooms and other usage. The reverse of refrigeration, heat pump technology taps heat from the

environment and produces cold air which can be used to cool internal space.

In addition, no pollutant is discharged into the environment with the cessation of

the use of the boilers. Coupled with the installation of the heat pumps, the

general environment in the basement level is cooler. The cold air, which is a by­

product of the heat pumps, is used to lower the temperature of the current

laundry space. This results in further savings on energy. The quantum is four

refrigeration tons per unit of heat pump.

The hotel also has a linen programme that reduces daily changes, uses

biodegradable cleaning agents and an active recycling programme involving the

re­use of paper, plastic and glass. Timer switches are installed so that lights are

Clockwise from left : Artist impression of One Raffles Quay; North Tower lobby; South Tower lobby

Environmental Report 2005

Investor Relations and Research Page 10

turned off when not needed and energy­saving cards are provided in all

guestrooms. The hotel has switched to energy­saving fluorescent bulbs, where

possible.

Procurement and Use of Eco­friendly Materials

Newer buildings like Keppel Bay Tower and Prudential Tower have installed

CFC­free air conditioning systems which do not release ozone­damaging

gases. InterContinental Singapore uses low­impact cleaning chemicals and

treats all sewage water before disposal.

Prudential Tower (left) and Keppel Bay Tower (above) uses CFC­free air­conditioning

Environmental Report 2005

Investor Relations and Research Page 11

III. Environmental Initiatives – Overseas

Keppel Land’s commitment to preserving and improving the environment extends

beyond the shores of Singapore.

Protecting Wildlife Enclaves

Keppel Land is committed to preserving and conserving natural landscapes in

its overseas projects as well. At Botanic Cove residential development in Sydney, Keppel Land worked closely with Hunter’s Hill Council on the conservation of the nature reserves at Tarban Creek and Angophora Gully.

These include the design of the sedimentation basin which stops direct flow of

silt from the stormwater drainage into the creek, and prevents erosion and

subsequent pollution of the creek. This facilitates the reversal of long­term

degradation of the creek.

Conservation of nature reserves at Botanic Cove, Sydney

Environmental Report 2005

Investor Relations and Research Page 12

In addition, Native species of vegetation and heritage­listed trees including 130 species of flora, fauna and indigenous plants such as Magnolia,

Sandalwood and Tulipwood were grown. The lush reserve has attracted

migrating wild ducks to roost in summer, becoming one of the area’s best kept

wildlife enclaves.

Preserving Biodiversity

Keppel Land’s golf courses in Bintan, Indonesia and Kunming, China are

sculptured along the natural contours of undulating landscape. Exceptional care

is taken to preserve the land’s biodiversity.

At the island resort of Ria Bintan, in Bintan, Indonesia the award­winning golf resort takes an environmentally­friendly stance towards the maintenance of the

greens. Hillslopes affected by natural erosion have been re­forested with indigenous trees. Barren turfs have also been re­planted with indigenous cover.

Croton leaves Rosewood

Nuccio’s Gem

Jacaranda

Grenvillea

Japanese Maple

Heath Banksia

Bull Bay Magnolia

Sydney Peppermint

Some of the 130 species of indigenous plants grown at Botanic Cove Sydney

Environmental Report 2005

Investor Relations and Research Page 13

To preserve air quality, open­burning to clear land parcels is strictly prohibited. As part of its recycling efforts, fallen trees are used to build staircases ensuring minimal impact on the natural forestation. Besides expanding the turf nursery size and increasing the number of shrubs, flowering

plants and trees, some lakes have been utilised to capture excess run­off water

and to maintain the water level of other lakes for water conservation.

The Spring City Golf and Lake Resort in Kunming is another exemplary model of Keppel Land’s eco­efforts. Initially an arid and mountainous region

afflicted by poor surface drainage and severe soil erosion, Spring City is now

home to two world­class golf courses.

The natural and indigenous flora which is situated 2,000 metres above sea­

level were carefully preserved during the construction stage, and thereafter. Original eucalyptus trees and wildflowers have been relocated and replanted as the greens were carved out of the hills. Natural habitats of local fauna were painstakingly recreated to ensure that the ecosystem remains

balanced and intact.

Preserving biodiversity at Ria Bintan Golf Club, Bintan, Indonesia

Environmental Report 2005

Investor Relations and Research Page 14

Given the natural biodiversity, golfers can now enjoy glimpses of wild rabbits

and squirrels, butterflies and even kingfishers skimming in the lakes.

Golf courses are sculptured along the natural contours of undulating landscape at Spring City Golf and Lake Resort in Kunming, China

Environmental Report 2005

Investor Relations and Research Page 15

Revitalisation of Old Districts

Keppel Land’s Park Avenue residential precinct in Shanghai has been recognised by the Jingan District office as contributing significantly to the rejuvenation of the district and has been credited as a catalyst to the urban renewal of the city. Previously an area encumbered by dilapidated shop

houses, Jingan has since become one of the most sought after residential

enclaves in Shanghai.

As part of the project’s master plan, Keppel Land is re­developing the central

thoroughfare, Wu Ding Road into a tree­lined boulevard framed by fountains,

public plazas and park benches. These green features will add vibrancy and a

new lease of life to the area, creating a lush residential sanctuary in the heart of

Shanghai.

One Park Avenue project in the Park Avenue precinct was awarded the Gold Award in the Environment category of Top 10 properties in Shanghai by Hong Kong’s Da Gong Bao newspaper for its verdant surroundings, thoughtful

design and unit layouts. Thoughtfully designed to take into account Shanghai’s

four seasons, all apartment units are oriented towards the favoured south­

facing, and fitted with ample glass windows to capture the warmth and sunlight

during winter.

Gold Award in Environment category for One Park Avenue in Shanghai, China

Environmental Report 2005

Investor Relations and Research Page 16

Environmentally­friendly Housing

Keppel Land’s developments are carefully crafted with detailed planning in

structural design and landscape to strike a balance between economic

objectives and environmental welfare.

To accommodate the four seasons in China, Keppel Land’s developments are

oriented towards the south rather than east or west (which would subject

residents directly to the cold in winter and the heat in summer). Double­glazed windows are used and concrete wall treated with external insulation material to keep occupants warm during winter and cool in summer.

8 Park Avenue in Shanghai features a glass dome to filter sunlight into the swimming pool in the basement. At The Seasons in Beijing, the recreational

plaza transforms from a multi­purpose sports arena in spring, into an ice­ skating rink in winter.

Glass dome which filters sunlight into the basement swimming pool at 8 Park Avenue in Shanghai, China

Environmental Report 2005

Investor Relations and Research Page 17

Water Conservation

Rainwater is recycled for the irrigation of golf courses at Spring City in Kunming and Ria Bintan in Indonesia.

Spring City also worked with the local government to build a water treatment

plant where rainwater is treated for residual chemicals before it is discharged

into the lakes. Similarly, rainwater is collected and used for irrigation and

cleaning at Caribbean at Keppel Bay.

Reduction of Ecological Impact

Sedona Hotels, Keppel Land’s hotel arm, uses only environmental­friendly

cleaning products.

Sedona Suites Hanoi and Sedona Suites Ho Chi Minh City serviced apartments in Vietnam use water­soluble, biodegradable cleaning agents

and deodorisers to reduce chemical overruns. Sedona Suites Hanoi also takes proper care to treat sewage water before discharge and so prevents pollution of the famed West Lake. The general purpose cleaner used by

Sedona Suites Hanoi also effectively purifies the drainage system and sewer

treatment plant.

In Indonesia, Hotel Sedona Makassar makes a conscious effort to reduce the use of resources made of plastic and uses environmentally­friendly supplies

instead.

At Ria Bintan in Indonesia, fertilisers are carefully chosen to minimise water contamination through quick evaporation. The use of pesticide is controlled, instead of blanket spraying on the premises. At the resort’s sewage treatment

plants, effluents are treated to prevent possible environment pollution.

Environmental Report 2005

Investor Relations and Research Page 18

Similarly, the use of slow release fertilisers on Spring City’s golf courses ensures that water pollution is minimised. Lakes surrounding the golf courses in Spring City are constantly scrutinised closely to ensure there is no

impairment of water quality.

Thoughtful recycling efforts are also adopted by Sedona Hotel Yangon and Sedona Hotel Mandalay, where old towels are recycled as cleaning cloth for

housekeeping and kitchen use, while old table cloths are given a new lease of

life as placemats in restaurants and at functions.

Bringing Nature into Homes

The Seasons in Beijing will be one of the first condominiums in the city to

showcase the unique beauty of all the four seasons. Meticulous landscape

planning ensures a mix of all­season evergreens as well as deciduous trees and flora to allow residents to enjoy different facets of nature all year round.

Controlled use of fertilisers and pesticides at golf courses to prevent environment pollution

Top : Spring City Golf and Lake Resort in Kunming, China

Left : Ria Bintan Golf Resort in Bintan, Indonesia

Environmental Report 2005

Investor Relations and Research Page 19

Keppel Land’s landed housing project Villa Arcadia at Srinakarin in Bangkok has specially designed resort­style "garden bathrooms" for each house. These are outdoor open­roof shower areas allowing for the enjoyment of natural

surroundings in complete privacy. The design also encourages users to

decorate the home with plants and other earthy materials. By so doing, Villa

Arcadia at Srinakarin goes a step further by transferring the beauty of the

outdoors into the home.

Similarly in Vietnam, Keppel Land’s penchant for creating homes close to

nature is brought to bear at Villa Riviera. Situated on the banks of the scenic Saigon River, this unique waterfront development with resort­style facilities is

set against a backdrop of luxuriant tropical gardens. Pockets of green parks are embedded throughout the 6­ha site, along with tree­lined boulevards and

water features.

Attention to nature is not confined to the outdoors. Apartment units in projects

such as 8 Park Avenue in Shanghai will have its own planter boxes where residents can create their very own high­rise sky gardens to bring nature into their homes.

Resort­style bathrooms at Villa Arcadia at Srinakarin in Bangkok, Thailand

Environmental Report 2005

Investor Relations and Research Page 20

IV. Recognition for Environmental Efforts

Keppel Land’s commitment to preserving and improving the environment has won

recognition from several authorities.

Recognition for Environmental Preservation

“Best In Class" Status by Storebrand

Keppel Land became one of two Singapore­based corporations to be

awarded the “Best in Class” status. Using a combination of 15 environmental

and social responsibility indicators in its screening process, only companies in

the top 30 percentile of Storebrand’s performance analyses are considered

best in class, and qualify for participation in its investment universe.

These indicators include assessments on environmental risk

management, products and services, eco­efficiency, governance,

community involvement as well as occupational health and safety

among many other issues.

In a real estate industry overview conducted by Storebrand, a leading Norwegian financial institution, Keppel Land was singled out from a global analysis of 44

companies and bestowed the "Best in Class" status for its exceptional environmental and social performance.

Environmental Report 2005

Investor Relations and Research Page 21

Environmental Recognition for Spring City by FEER

Spring City Golf and Lake Resort, was singled out by Far Eastern Economic Review as a positive model for environmental preservation. Spring City's eco­friendly efforts include the use of biodegradable fertilisers,

wastewater treatment and recycling, as well as re­greening of the

surroundings. These measures have contributed to maintaining adjacent

farmlands as well as reducing excessive chemical pollution to Lake Yang

Zong Hai, the main reservoir of potable water for neighbouring region. Spring

City has also contributed to the economy of nearby provinces by generating

employment and promoting tourism.

Keppel Land was also one of six finalists in the ACCA Singapore

Environmental Reporting Award 2004 competition.

Recognition for Energy and Water Conservation

Melia Purosani Hotel in Yogyakarta is the first hotel outside of Bali that has been awarded the prestigious Green Globe 21 Certificate, which recognises

commitment to operating at the world's highest environmental standards. The

hotel spends considerable time benchmarking its energy and water

consumption, waste production and disposal as well as implementing an

integrated environmental and social sustainability policy.

Green Globe 21 Certificate for Melia Purosani Hotel in Yogyakarta, Indonesia

Environmental Report 2005

Investor Relations and Research Page 22

Bugis Junction Towers in Singapore was acknowledged as a Water Efficient Building by the Public Utilities Board in May 2005. Water flow control devices

installed in its taps has helped control water usage.

Ocean Building and Ocean Towers supported the national water conservation programme which resulted in an estimated 5% reduction in monthly water consumption.

Recognition for Benefit to the Environment

Prudential Tower won the prestigious FIABCI Prix d’Excellence, the real estate Oscars under the office/industrial category for its benefit to the environment, impact on the local community, construction, brokerage, facilities management and marketing strategy.

Taman Sutera, Keppel Land's 500­ha residential township project in Johor

Baru, was Runner­up in the Landscape Competition 2004 organised by the Landscape Department of Johor State. In line with providing a conducive, safe

and friendly environment, its comprehensive amenities include a well­

maintained park complete with a maze garden, shady footpaths and jogging

tracks and a fitness corner.

Water saving measures undertaken at Ocean Building (right) and Ocean Towers (left)

Environmental Report 2005

Investor Relations and Research Page 23

Recognition for Greening Efforts in China

i.

i. One Park Avenue ­ Gold Award in the Environment Category of Top 10 Properties in Shanghai by Hong Kong’s Da Gong Bao newspaper

ii. The Seasons ­ Best Landscaping Award by Beijing’s Xin Jing Bao newspaper, for capturing the distinctive spirit of each season with its

landscaping. The children’s pool in the central garden is transformed into a

rock garden in winter while the outdoor roller­blading rink changes into an

ice­skating rink in winter.

iii. The Waterfront ­ Most Habitable Development in Chengdu by the Funan River Revitalisation Committee and Chengdu Shang Bao newspaper

iv. The Waterfront ­ Best Landscaping Concept and Design by the International Federation of Parks and Recreation in October 2004. Both

awards for Chengdu were held under the auspices of the United Nations.

Similarly, Keppel Land’s projects in China

have received recognition for its efforts at

creating green enclaves within its

developments. Among them are:­

Environmental Report 2005

Investor Relations and Research Page 24

V. Management Commitment

Cultivating Best Practices for the Environment

Keppel Land’s management’s commitment to the environment is an all­round

effort which extends from its corporate culture. In striking a balance between

economic objectives and environmental viability, the Group strives to achieve

a high level of ecological efficiency while improving the quality of life for all

who live and work in its properties.

Management ensures that the guiding philosophy that properties should be

developed to harmonise and improve the environment as well as enhance the

quality of the life of the people drives the design and development of all the

Group’s developments, both local and regional. In so doing, Keppel Land

strives for quality of life, meeting the needs of the present without

compromising resources for future generations.

As a major property developer contributing to changing landscapes in

Singapore and the region, Keppel Land makes conscious efforts to create

vibrant living and working spaces for its home­owners, tenants as well as the

general public.

Its commercial developments are distinguished by efficient intelligent features

geared towards housing the world's leading corporations while incorporating

environmentally­friendly initiatives which include the creation of green oases,

where practicable, for environmental relief from concrete skyscrapers. Lush

landscaping, interactive water features and roof gardens characterise some

Keppel Land office buildings. In the same vein, Keppel Land homes are

nestled in luxuriant sanctuaries.

Environmental Report 2005

Investor Relations and Research Page 25

V. Staff Involvement in Eco­Efforts

Recycling and Waste Minimisation in Keppel Land’s Offices

Staff are educated and actively participate in recycling, reusing and reducing

wastage through the disposal of scrap paper, old newspapers and magazines at recycling bins placed in the office.. These, together with used toners and ink cartridges, are sold to a recycling agency every month. Recycling bins are also

placed in its residential developments to encourage residents to adopt the good

habit

Paper and stationary usage was reduced with the introduction of web­based

Keppel Knowledge Portal (K2Portal), which allows Keppel Land’s employees to apply for leave, book facilities and obtain information online.

Raising Environmental Awareness among Residents

At Caribbean at Keppel Bay, residents are encouraged to recycle paper, plastic and drink cans at designated recycling bins placed throughout the development.

Donating Old Reusable Materials

Keppel Land strongly believes in being socially responsible and in giving back to

the communities in which it operates and invests in. Staff in its offices in Vietnam,

Myanmar, Indonesia and China actively participate in donating reusable old clothes

and furniture to local schools and orphanages.

Environmental Report 2005

Investor Relations and Research Page 26

Spring City Golf and Lake Resort in Kunming, China donated re­usable furniture, computers, television sets and household appliances, batteries and light bulbs to the local schools, orphanages and homes for the aged.

Sedona Suites Hanoi also regularly collects toys, clothing, food items and educational materials from staff and residents for donation to the School for People with Disabilities.

Supporting Community Activity

Through the Keppel Volunteers programme, staff helped to refurbish the premises of its adopted charity, the Association for Persons with Special

Needs. Staff painted, scrubbed floors, weeded the grounds at Jalan Tembusu, as well as helped raised funds which eventually went towards the refurbishment of the

Centre.

Promoting Employee Wellness

Recognising the importance of a healthy lifestyle, Keppel Land's commitment to the

workplace health promotion programme has led to it being conferred the Singapore H.E.A.L.T.H (Helping Employees Achieve Life­Time Health) Bronze Award 2004 by the Health Promotion Board. The annual Singapore H.E.A.L.T.H award accords national recognition to organisations with commendable workplace

health promotion programmes that look into the wellness of their employees.

Workplace health promotion at Keppel Land is championed by its Staff Welfare

Committee, which puts together activities such as health­related talks by external experts ranging from healthy eating and natural therapy to stress management.

Fitness passes to the Clark Hatch Fitness Centre at InterContinental Singapore are also made available to staff looking to work out at the gym or pool.

Environmental Report 2005

Investor Relations and Research Page 27

VII. Environmental Reporting and Auditing

Keppel Land dedicates a section of its Annual Report each year since 1997 to report on the environmental efforts that it has undertaken throughout the year. Eco­

friendly initiatives undertaken by the Group in its operations are detailed in the report.

These reports are also available online as the Group places past eight years’ annual

reports on its corporate website, www.keppelland.com.sg.

Working with Authorities

Preserving Natural Reserves at Botanic Cove

At Botanic Cove residential development in Sydney, Botanic Cove is an example

of a sanctuary of conserved habitat. Beyond building quality homes on prime

land, Keppel Land is appreciative of the fact that Botanic Cove harbours

important natural assets, and that the development surrounds environmentally

sensitive acreage.

Keppel Land worked closely with the Hunters Hill Council and its specialist

consultants in the development and construction of the park reserve next to

Tarban Creek, adjacent to Botanic Cove and Angophora Gully. This reserve is

now called the Riverglade Reserve. Work included the design of the

sedimentation basin which stops direct flow of silt from the stormwater drainage

into the creek, and prevents erosion and subsequent pollution of the creek. This

facilitates the reversal of long­term degradation of the creek.

Dedicated planting programmes also ensure the preservation of heritage­listed

vegetation at Botanic Cove. This allows the flourishing of an astounding 130

species of flora – an amazing showcase of biodiversity.

Environmental Report 2005

Investor Relations and Research Page 28

Eco­efforts at Spring City

In Kunming, China, Keppel Land’s other premier resort Spring City Golf and Lake

Resort has been developed into a world­class golf destination, with its courses

consistently garnering international awards for excellence. Environmental efforts

are key when developing existing natural terrains into greens and fairways.

The resort is adjacent to Lake Yang Zhong Hai, which is the main reservoir of

potable water for neighbouring municipal areas. To protect the pristine natural

lakes, governmental agencies have taken great efforts to monitor and control

waste disposal into the waters.

At Spring City, the management plays an active role in resource management by

participating in environmental protection campaigns. Staff are constantly

educated on minimising water and material wastage and guests are also

encouraged to participate in the conservation of natural resources.

Maintenance of this world­class turf has been designed around the use of low­

impact chemicals. Chemicals used will have gone through stringent quality tests

conducted both by international consultants as well as local authorities.

Even the dosage of use is carefully controlled through time­release methods. This

in turn controls the seepage into the lakes during rainfalls or natural drainage.

Constant checks are made through water sampling to ensure consistency in

management.

Site Inspections

As a property developer and a property manager, Keppel Land employs many

contractors and suppliers who provide a range of services and supplies including

cleaning, services, pest control maintenance of landscaped areas, plant and

machinery maintenance.

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Investor Relations and Research Page 29

To provide assurance of high standards, Keppel Land’s staff inspects the sites

regularly and ensures practices detrimental to the environment are corrected.

Experienced personnel formally audits property management activities

addressing all key issues to evaluate.

Conducting Tests at Offices

To ensure high standards of indoor environment (temperature, humidity, lighting

and Indoor Air Quality), Keppel Land’s property management team is committed

to conduct tests in office buildings and tenants’ premises every two years. The

scope of the assessment is based on the guidelines provided by the National

Environment Agency.

Water meter readings are also read daily to allow the maintenance staff to

identify and prevent instances of irregular high consumption, for example,

resulting from leaking pipes.

Benchmarking Energy and Water Consumption

Hotels such as Melia Purosani in Yogyakarta spends considerable time

benchmarking its energy and water consumption, waste production and

disposal as well as implementing an integrated environmental and social

sustainability policy.

Environmental Report 2005

Investor Relations and Research Page 30

VIII. Conclusion

Through its commitment to harmonise with the environment, Keppel Land strives for

quality of life, meeting the needs of the present without compromising resources for

future generations.

Keppel Land remains focused in its eco­efforts and is committed to the philosophy

that properties should be developed to harmonise with and improve the environment

as well as enhance the quality of life of the people who use them in Singapore and

overseas. Be it in the city or tropical resorts, this principle will drive the design and

development of all the Company’s projects in Singapore and overseas.