KORAMCO REITs Management and Trust

KORAMCO’s ESG is not cosmetic; it is the source of sustainable growth achieved by solving E, S, and G issues. For a firm whose business is mediated by real estate, environmental matters are the most material.

Environment-Friendly Investment Principles in Operations
Development of Green Products and Services
Credibility via International Certifications and Initiatives

Creating Environmental Investment Value

KORAMCO’s Sustainable Growth

A Greener Environment for the Next Generation

KORAMCO sets green investment principles and develops new products and services accordingly. Though ‘green features’ were once dismissed in real estate as low-return for high cost, we have worked to dispel that bias and secure rightful recognition for the value of sustainability.

KORAMCO’s GHG-Reduction Management for Climate Action

In 2022, we built an in-house system to measure, collect, and analyze data across all physical operating assets in REITs and REF: GHG emissions, fossil vs. renewable energy use, water consumption, and waste output. From 2023, under integrated AM/PM/FM collaboration, we set annual GHG-reduction targets for each asset and continue working toward them.

Data-Driven ESG KPI Management Domestic Physical Assets of KORAMCO REITs & Trust and KORAMCO AM as of Dec. 2023

Total Renewable Energy Use (MWh)

384,330
Renewable Energy Usage

5,681

Usage Rate: 1.5%

Total Water Use (㎥)

2,089,201
Water Reuse Volume

80,648

Reuse Rate: 3.9%

Total Waste Generated (ton)

12,146
Waste Recycled

4,899

Recycling Rate: 40.3%

Waste Incinerated

4,386

Incineration Share: 36.1%

ESG-Measured Asset Coverage (2023)

Type	Office	Retail	Logistics	Residential	Hotel	Total
No. of Assets	21	17	12	3	1	54
AUM (KRW trillion)	8.3	2.1	1.7	1.1	0.1	13.2
GFA (㎢)	1.1	0.7	0.7	0.3	0.02	2.9

GHG Emissions (tCO₂eq)

Category	Scope 1 (Stationary)	Scope 1 (Mobile)	Scope 2 (Purchased Electricity)	Total (Scopes 1+2)	Scope 3	Grand Total (Scopes 1+2+3)	GHG Intensity (kgCO₂eq/㎡)
2021	99	92	555	746	133,170	133,916	52.7
2022	99	91	589	779	147,130	147,909	52.3
2023	89	104	553	746	146,232	146,978	51.4

Energy Use (MWh)

Category	2021	2022	2023	CAGR
Energy Consumption	352,797	389,652	384,330	2.9%
Energy Intensity EUI (kWh/㎡)	140.2	138.4	134.8	-1.3%

※ Results cover domestic physical assets under ESG measurement (AUM approx. KRW 13.2 tn).

The great idea of the KORAMCO : "Let's save the Earth."

The brilliant thinking of youthful KORAMCO at 24.

"We embed ESG in our culture to advance the sustainability of the environment, society, and our organization. In 2023, our people focused on cutting office-space emissions through ideas that enable natural, voluntary participation. As a result, in 2024 we reduced 11,536.8 kgCO₂eq (26,237.6 kgCO₂eq cumulative since Jun-2022)—equivalent to planting about 5.0 30-year-old pine trees per employee (11.4 trees cumulative)."

Employee Action Projects

Zero-Cup Project
- All drinks in reusable cups; returned, washed, and reused
- Companywide switch to eco-friendly biodegradable cups* (from 2024)
Daily “E-mail Diet”
- Delete unnecessary emails/attachments from personal inboxes
- Monthly recognition and gifts for top organizers
Cool-den Tower' Challenge
- Turn off unnecessary lights/devices at night & weekends; unplug
- Office lights-out moved from 22:00 → 20:00; elevator-hall lighting control
Print 2x' Project
- Default to N-up, duplex, and black-and-white printing
- Use eco-font (saves ~35% toner): Naver Nanum Eco Font
Use Water Wisely
- Three water-saving habits at work
- Slightly close under-sink valves (~20% cut)
- Install faucet aerators (~30% cut)
- Turn off tap while brushing (saves 12L per minute)