StorHub Wins ESG Initiative Award Once Again At The SSAA’s Self Storage Awards Asia 2023

Issue: Apr 2023

StorHub Wins ESG Initiative Award Once Again At The SSAA’s Self Storage Awards Asia 2023

As the winner of the Environmental, Social and Governance Initiative Award 2023 for 2 consecutive years, StorHub would like to thank the Self Storage Association Asia (SSAA), our valued customers, and our team for everyone’s concerted ESG efforts. We are dedicated to promoting a robust ESG culture across the board, focusing on sustainability and energy-efficiency. StorHub takes pride in providing high quality and sustainable self storage solutions that add value to our customers, investors, partners, and communities.

Environmental: We place great importance on environmental management and make it a point to utilise both clean and energy-efficient solutions. We work hand in hand with local communities and leaders to ensure that our environmental initiatives have a positive impact by reducing waste and incorporating Green technologies into our practices. StorHub has increased the solar panels installed at our storage facilities by 100%, from close to 3,000 across eight facilities previously to close to 6,000 across twelve facilities currently. StorHub China has also installed a total of 15 EV charging stations to date. As for our recycling campaign, it has been implemented in all 18 of our self storage facilities in Singapore, along with additional recycling bins at our head office in Toa Payoh. StorHub has also installed an Energy Storage Solution (ESS) in our Air Conditioning and Mechanical Ventilation (ACMV) system. The ESS helps to monitor real-time energy consumption to identify potential energy savings while optimising the temperature for customers’ comfort and satisfaction.

Social: Our mission is to align revenue generation with good corporate citizenship, and Corporate Social Responsibility (CSR) is an integral part of that. We are dedicated to giving back to our community by utilising our abundant storage space and human resources to integrate CSR into our values. We consistently show our dedication to CSR through training programs, with a total of over 500 training hours achieved by StorHub employees between 2022 and 2023. We also have community partnerships in place, and our volunteer hours have increased to more than 100 hours in the same period.

Governance: At the heart of our daily business operations is our corporate governance principle, which guides our conduct. Our business practices are rooted in honesty and ethics, and we strive to embed transparency and accountability at every level of our company.

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