OUE Real Estate Investment Trust

Lobbying Governance

AI Extracted Evidence Snippet Source

OUE C-REIT has not made any contributions or spending for political campaigns, political organisations, lobbyists, or lobbying organisations and trade associations. [...] The ARC has the responsibility of overseeing and monitoring this policy which is administered with the assistance of the Head of Internal Audit, who is designated as the Group Ethical Officer. All concerns and complaints received will undergo thorough investigations supported by the senior management team and ARC, and appropriate follow-up action will be taken. Please refer to the Corporate Governance section on page 136 for more details.

https://www.ouereit.com/misc/OUE-C-REIT-Sustainability-Report-2022.pdf

The Board delegates its responsibilities to the SSC, which is chaired by the CEO and comprising the CFO, Head of Asset Management ("AM") and Head of Investor Relations ("IR") of OUE REIT as the committee members. The SSC drives the implementation of sustainability initiatives and monitors OUE REIT's progress against targets to evaluate their effectiveness The SSC meets monthly and reports to the Board regularly on key initiatives and progress, at least on a bi-annual basis. [...] The Manager tables climate-related risks and opportunities as agenda items during their meetings with the Board, SSC and STF, to strengthen their oversight and management of climate-related risks and opportunities.

https://www.ouereit.com/misc/OUEREIT_SR2023.pdf