Manulife US REIT - Sustainability Report 2018

About This Report Manulife US Real Estate Investment Trust (MUST or Manulife US REIT) is a Singapore Real Estate Investment Trust (REIT) managed by Manulife US Real Estate Management Pte. Ltd. (Manager), established with the investment strategy principally to invest, directly or indirectly, in a portfolio of income-producing office real estate in key markets in the United States (U.S.), as well as real estate-related assets. The Manager is wholly owned by The Manufacturers Life Insurance Company (Sponsor) which is part of the Manulife Group (the Group). John Hancock Life Insurance Company (U.S.A.) (JHUSA) has been appointed as the property manager (Property Manager) for the properties. This Sustainability Report covers MUST’s sustainability approach, activities and performance from 1 January to 31 December 2018, with comparative data for the same period in 2017. This report has been prepared by the Manager in compliance with the Singapore Exchange Securities Trading Limited (SGX-ST) Listing Rules 711A and 711B, with reference to the Global Reporting Initiative (GRI) Standards (2016), and includes consideration of the GRI Construction and Real Estate Sector Disclosures. The GRI Standards have been selected as they represent global practices in sustainability and are suited to the REIT industry and business model. The GRI Content Index and the relevant references are presented on pages 76 to 77 and should be read together with MUST’s Annual Report 2018. A pdf version can be downloaded from http:// . Please forward any inquiries, comments or feedback to as the Manager continues its sustainability efforts to improve its reporting. Reporting Scope This report focuses on the activities of MUST, the Manager and the underlying properties in the U.S.: Figueroa in Los Angeles, Michelson in Irvine, Peachtree in Midtown Atlanta, Plaza in Secaucus and Exchange in Jersey City. Data from the 2018 acquisition of Penn in Washington D.C. and Phipps in Atlanta will be included in 2019’s Sustainability Report. Board Statement The Board is pleased to present the MUST’s 2 nd Sustainability Report. Since our inaugural report for 2017, the Sustainability Steering Committee (SSC) has continued to drive sustainability within MUST. We have established four focus areas in our sustainability approach in which we believe sustainability can contribute to MUST’s mission. These approaches are found on page 61. We monitor our sustainability performance and work with our Property Manager to identify opportunities to improve sustainability. This report details our work over the year in the direction of sustainability, governance performance and presents our performance and targets. It is aligned to the SGX-ST Listing Rules 711A and 711B and references the internationally recognised GRI Standards (2016). To create value for stakeholders through continuous sustainability efforts based on the principle that ‘A life is worth living through giving’ S U S T A I N A B I L I T Y M I S S I O N MANULIFE US REIT 57 ABOUT THIS REPORT