Embedding sustainability within our core

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 Goals, 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.

 

FLCT’s ESG Goals are to:

  • Achieve net-zero carbon across Scopes 1, 2 and 3 by 2050.
  • Have 100% by GFA of new development projects, and 85% of our owned and asset-managed properties, be either green-certified or pursuing green certification by 2030.
  • Engage at least 75% of our suppliers by spend on ESG through our e-learning platform by 2025.
  • Maintain climate asset-level risk assessments across the portfolio.

ESG Reports

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Our ESG Approach

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Task Force on Climate-related Financial Disclosures

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Sustainable Financing

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Green certifications and GRESB assessment

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ESG case studies

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ESG Reports

Our annual ESG reports provide updates on our sustainability commitments and our actions and progress in managing our material sustainability issues.

Previous reports

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ESG Databook

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ESG Framework and Goals

Environmental

Social

Governance

ESG Framework and Goals

Environmental

Social

Governance

Climate action

Reduce GHG emissions and strengthen resilience to climate impacts.

Inclusive community

Uphold equitable employment practices and create places that foster social inclusion, enabling people to connect, belong, work and live in harmony.

Governance and business resilience

Build a trusted, transparent and ethical business with effective risk management.

Nature stewardship

Minimise impact on ecosystems across land, water, and air environments.

Holistic well-being

Promote health, well-being and resilience to enhance the quality of life for people.

Supply chain engagement

Advance responsible practices to ensure accountability within the value chain.

Resource management

Optimise energy, waste and materials use through responsible design and operations.

Enabling opportunity

Promote learning and growth development opportunities for our people and communities.

Sustainable financing and investment

Embed ESG within investment and financing decisions.

frasers supergraphic device

Task Force on Climate-related Financial Disclosures

Climate-related risks can have significant impacts on businesses, ranging from supply chain disruptions, operational risks, increasing regulations, to changing stakeholder expectations. We have published annual disclosures that strive to be in alignment with the Task Force on Climate-related Financial Disclosures (TCFD).

Read more about our activities to support TCFD alignment, including our identified climate-related physical and transition risks and opportunities.

 

 

Sustainable Financing

 

Frasers Logistics & Commercial Trust (“FLCT”) is committed to developing sustainable financing practices that are in line with international standards and guidelines and intends to actively leverage on financing opportunities to achieve our sustainability goals.

On 7 July 2021, FLCT established our sustainable finance framework.

 

 

 

Green certifications and GRESB assessment

 

 

GRESB Assessment 2023

  • GRESB Global Sector leader in the diversified office/industrial sector​
  • Maintained 5-star GRESB rating for 9 consecutive years​

Green Star 2024

  • Highest Green Star performance-rated industrial portfolio in Australia

Nabers 2024

  • Central Park: First commercial building in Australia to achieve 4.5- star NABERS Energy base building rating, first premium office building in Perth to attain 5.0-star NABERS Energy base building rating​
  • Caroline Chisholm Centre: 5.5-star NABERS Energy based ratings​
  • 545 Blackburn: 5.0-star NABERS Energy based ratings​​

Breeam 2024

  • 'Excellent'/ 'Very Good' (ratings for Farnborough Business Park, Maxis Business Park and Worcester)
  • Achieved BREEAM New Construction certification for FLCT’s Maastricht property in Europe with a “Very Good” rating awarded in 2025 ​

fitwel 2024

  • Blythe Valley Business Park: FITWEL 2-star rating​
  • Farnborough Business Park: First 3-star commercial site certification in the world​

SGBC EPC

  • Alexandra Technopark Block A & B: Awarded the BCA Green Mark GoldPLUS certification​
 

ESG case studies

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Sustainability