Our Business Strategy
Our Commitment to Sustainability
At Mercatus, we recognise that our actions have far-reaching impact on our stakeholders. Hence, we take a holistic and collaborative approach towards advancing sustainability causes that are meaningful to the communities we operate in, our people and the environment.
Many of our initiatives and business activities support various United Nations (UN) Sustainable Development Goals (SDGs).
We are committed to building upon this momentum to further sustainability – for our business, our people, our community and the environment.
SUPPORT COMMUNITY INITIATIVES
The well-being of our community underpin ours. For that reason, we maintained our efforts in supporting various non-profit, community, charitable organisations and government agencies at our retail malls through venue sponsorships. Some partners we worked with in 2019 included Health Promotion Board, Central Narcotics Bureau, Ministry of Manpower, and Ministry of Culture, Community and Youth.
FOSTERING A FAIR, SAFE AND INCLUSIVE WORKPLACE
The health and safety, and continued development of our people is our priority. Besides attaining BizSafe STAR from Workplace Safety and Health Council across the Group portfolio, we achieved ISO 14001 (Environmental, Health and Safety Management System) and ISO 45001 (Occupational, Health and Safety Management System).
CONTRIBUTING TOWARDS ENVIRONMENTAL CAUSES
Being an active supporter of BCA green building standards, all Mercatus-owned buildings have received Green Mark certification – Jurong Point 1 & 2 (Green Mark Platinum); AMK Hub, One Marina Boulevard & NEX (Green Mark GoldPlus).
Making a Social Impact
As a subsidiary of NTUC Enterprise Co-operative Limited, we also kept up with our commitment to provide at least 25% of commercial space to NTUC Social Enterprises to facilitate their community outreach efforts. In 2019, in support of NTUC-U Care Fund, $446,600 was donated towards various assistance programmes, including the U Stretch Vouchers and U Care Back-to-School Vouchers, to help 26,000 beneficiaries. We also donated $250,000 to NTUC Health & Money Owl, in support of Merdeka Generation activities.
Each of our properties also played a part in supporting the communities in which they operate.