We recognise the importance of embedding key global environmental and social considerations within the way we do business to respond to a rapidly changing world. Beyond managing risks, we leverage sustainability as an opportunity to enhance our resilience, provide better offerings to customers, and future-proof our business for the longer term. Our ESG strategy is aligned to our Sponsor’s refreshed ESG Framework and Goals, which takes into account focus areas and targets identified as material to our business.

The refreshed ESG Framework holistically integrates ESG aspects into ongoing efforts to deliver on the Group’s long-term commitments while adapting to regulatory and disclosure-related changes. Broadly aligned to the UN Sustainable Development Goals1, the framework covers nine focus areas that represent interconnectedness across our material topics.

FLCT has established ESG targets which correspond to areas identified as material. These targets have considered short-, medium- and long-term horizons consistent with those used for strategic planning and financial planning where applicable. We periodically review our goals and targets to align with evolving strategic and operational context.