Our first participation in green finance
Our first retail green notes
Sustainable financing raised in FY2024*
*as at 30 September 2024
To further our commitment to responsible investment, Frasers Property introduced a refreshed Sustainable Finance Framework in 2025.
Aligned with key international standards, and externally assured to reinforce transparency and credibility in our sustainable financing approach, the Framework supports the issuance of sustainable debt instruments by Frasers Property and our wholly-owned subsidiaries.
Building on our previous Green Finance Framework, the refreshed Sustainable Finance Framework outlines our approach to two categories of sustainable financing:
• Sustainable financing transactions – covering use of proceeds, project selection, management of proceeds and progress reporting.
• Sustainability-linked financing transactions – detailing the selection of key performance indicators, calibration of sustainability performance targets, financial characteristics, reporting and independent verification.
- International Capital Market Association (“ICMA”) 2025 Green Bond Principles (“GBP”), 2025 Social Bond Principles (“SBP”), 2021 Sustainability Bond Guidelines (“SBG”)
- Asia Pacific Loan Market Association (“APLMA”), Loan Market Association (“LMA”) and Loan Syndications and Trading Association (“LSTA”) 2025 Green Loan Principles (“GLP”), 2025 Social Loan Principles (“SLP”), 2025 Sustainability-Linked Loan Principles (“SLLP”)
Verco Advisory Services Ltd provided independent assurance on our Sustainable Finance Framework.
The assurance engagement was a pre-issuance limited assurance review focused on evaluating whether the Framework is consistent with international market principles and provides an appropriate basis for future issuances.
Assessment criteria included:
- ICMA 2025 GBP, 2025 SBP, 2021 SBG
- APLMA, LMA and LSTA 2025 GLP, 2025 SLP, 2025 SLLP