Real estate contributes approximately 40% of global greenhouse emissions, primarily from materials used in construction and maintaining operations with electricity. Taking our corporate responsibility seriously, we are the first SGX-listed real estate company to commit to achieving net-zero carbon by 2050, inclusive of Scopes 1, 2 and 3 emissions. Fundamental to our sustainability approach is our people’s understanding – we organise an Environment Month annually and train all our people on sustainability. 

Real estate is a people business and we are committed to building our people to collectively deliver on our Purpose. Critical to our success is our people, which in turn draws strength from an open, safe and supportive working environment. As we embrace the Future of Work, we continue to explore and unlock future opportunities for employees to collaborate and work more productively. To better achieve our purpose-driven strategy, we are listening and taking action to support the well-being of our people with our Culture Survey results.

The health and wellbeing of all our stakeholders remain our top priority in the current pandemic. For our employees, we started with a vaccination sentiment pulse survey, which enabled the development of local strategies to support and encourage high vaccination rates amongst our work force. To ensure safe and healthy buildings, new measures and initiatives aligned with global standards were quickly implemented in our properties across the footprint. This includes the deployment of autonomous UV robots to sterilise high-traffic locations in commercial buildings across Singapore and Thailand. In Thailand, we offered our spaces to support public vaccination drives and rapidly transformed three industrial facilities for use in the community as isolation and recovery facilities and field hospitals. 

Our choice of building materials makes a difference. We are committed to green buildings and standards for better optimising the use of resources and providing healthy environments for people. We rolled-out a Group Responsible Sourcing Policy outlining our commitment to environmental, social and governance (ESG) best practices to source and procure responsibly and the expectations we have of our suppliers. Building on our Burwood Brickworks Living Building Challenge® Petal Certification, we launched Greensheet, Australia’s first full publicly shared list of building materials, to accelerate positive change in the construction materials supply chain.

We are in a period of unprecedented change, and we believe the resilience of our people helps our business stay relevant. To meet the expectations of all our stakeholders, we are focused on inculcating a customer-centric mindset with an open and collaborative learning culture. We support and encourage innovation and learning by enabling synergistic business partnerships together with an in-house Design Thinking curriculum in the pursuit of continuous improvements towards excellence.

Inclusive Spaces is a key community investment initiative aimed at building more inclusive communities via a Design Thinking conversation around the accessibility of real estate spaces. We believe real estate can promote better resilience by focusing on well-being and inclusion, particularly during the pandemic with billions affected by lockdowns. With thorough planning and transformation, we bring people together for social connectedness and community resilience, thereby, improving their long-term health and sustainability.

At Frasers Property, we recognise the scarcity of water and are equally focused on the reduction and curtailment of waste generation. The World Bank estimates waste generation from cities is expected to increase by an estimated 70% from 2016 to 2050. Taking a two-prong approach to waste, we are actively reducing construction waste and operational building waste from employees, customers and tenants. To consume water responsibly, we are expanding water consumption data coverage for landlord- and tenant-controlled areas in operating assets, increasing water efficiency and safe recycling and reuse of discharged water.

Each employee should have the best possible experience at work, and diversity, equity and inclusion is an integral part of our culture. We are creating, inspiring, and nurturing an inclusive culture that unlocks the power of diverse teams to drive Frasers Property forward. We aim to create a safe place where each individual has a sense of belonging, is mutually respected, and feels empowered to be authentic at work. This is because we know that working collaboratively makes us progressively stronger and better as an organisation, which helps our people to thrive each day.

Across our multinational business, we take steps to enhance the health and well-being of our employees, tenants and communities, by incorporating wellness features in our properties. Farnborough Business Park in the UK became the first commercial site in the world to receive a 3-star Fitwel rating. Frasers Property UK also holds the largest Fitwel-certified portfolio in the world. In Melbourne, Burwood Brickworks features residential homes set in lush open parklands and landscaped parks with a retail mall – the world’s most sustainable shopping centre – that includes a 2,500m² urban organic and chemical-free farm planted with over 200 varieties of food crops.