green buildings certified or pursuing certification^
staff volunteer hours committed in FY24
as at 30 September 2023 | ^ by GFA for Frasers Hospitality owned properties
We remain committed to strengthening business resilience and creating long-term stakeholder value through, among others, addressing key environmental, social and governance (ESG) aspects. Prioritising ESG considerations will enhance Frasers Property’s ability to adapt to evolving market dynamics and regulatory changes, and effectively identify and manage long-term risks and opportunities.
Advancing on our ESG Goals
We adopt a science-based approach and leverage partnerships to manage emissions across our operations and value chain.
Having installed over 32 MW of solar PV to date, we expect to scale up solar PV adoption, particularly across our industrial and residential footprint.
We completed a Group Climate Value at Risk analysis and are developing a platform to continuously manage risks and enhance climate adaptation and mitigation plans.
We strive to meet green certification requirements for our developments, benefiting our business and contributing to sustainable outcomes.
We aim to expand engagement with our suppliers, strengthening ESG awareness through our policies and initiatives such as our e-learning programme.
We aim to lay the foundations for a roadmap to effectively manage biodiversity and our impacts.
We have six Group ESG Goals to enable us to strategically manage our impact as a responsible business on communities and climate. We take a science-based approach to monitoring, measuring and managing our progress and goals.
We foster a progressive and innovative mindset, supported by a robust governance structure that promotes transparency and embeds ESG within our business strategy.
We focus on reducing our climate impact by prioritising responsible resource management and minimising our environmental footprint.
Our properties provide spaces for people to live, work and interact.
Comprehensive assessment to address environmental, health, safety and social risks
Find out moreCreating, inspiring and nurturing an inclusive culture that unlocks the power of diverse teams to drive Frasers Hospitality forward.
Find out moreWe proactively evaluate, address and mitigate our environmental, health, safety and social risks and implement policies and initiatives that promote robust governance and compliance, ensuring adherence to established governance standards and integrity and accountability of our business.
significant instances of non-compliance with laws and regulations for which fines or non-monetary sanctions were incurred in FY23
instances of confirmed incidents of corruption and incidents in which employees were dismissed or disciplined for corruption, or contracts with business partners that were terminated or not renewed due to violations related to corruption in FY23
The lodging sector’s increasing energy consumption and carbon emissions are critical concerns that necessitate our urgent attention and actions to pursue solutions and implement improvements in our operations to maximise energy efficiency and expand the use of renewable energy.
carbon roadmap established since 2022
of owned properties running on renewable energy sources as at 30 September 2023
Authentic hospitality extends beyond our guests to our workforce and the communities around us. We create and foster an inclusive environment that celebrates diverse backgrounds, perspectives, and talents that enrich the lives of one another.
employees across our business as of 30 September 2023
female representation in our workforce in FY23
female representation in senior management in FY23
Incorporating environmental, social and governance criteria into our investment process
Find out moreIncreasing water efficiency and the recycling and safe reuse of water discharged
Find out moreDeveloping programmes that support productivity, creativity, and innovation
Find out moreWe adopt a multi-faceted strategy for responsible investment through the pursuit of green and sustainable financing, green building certifications and integration of sustainability considerations into our investment decisions.
ESG Pre-Investment assessment imposed for all new investments to evaluate their resilience
The management of water resources is of utmost importance to us. We track and monitor the water consumption closely, adopt water-savings measures and install water efficient fittings to reduce water usage in our properties. We also actively train with our workforce and engage our guests to participate in water conservation efforts.
of our owned properties adopt water conservation practices or align with local standards
We prioritise the overall development of our people as it represents a vital component of our business. We constantly improve our policies and programmes to foster growth as part of our mission. We secure our future by investing in our people.
learning hours on average per employee in FY23
online courses available on our LinkedIn Learning, Typsy, and other platforms as part of our self-directed learning offerings
We are committed to futureproofing our properties to address impacts related to climate change and safeguard lives and assets. This strategy reduces the long-term economic and environmental costs associated with climate disruptions.
of owned properties by GFA are green-certified or pursuing green certification
of new development projects by GFA are green-certified or pursuing green certification
We are fully committed to managing waste effectively through the implementation of robust waste management practices to reduce environmental impact through prevention, reduction, recycling and reuse.
of general waste produced by our properties across various regions was successfully recycled
The health and well-being of our workforce, guests and communities surrounding us are of utmost priority to us. We strive towards creating a positive culture and building inclusive spaces to strengthen our capacity to deliver true hospitality.
to benefits with a strong focus on preventive health and healthier living as well as holistic wellbeing
Fostering a culture of innovation that creates value and strengthens our competitive edge
Find out moreAchieving sustainable management and efficient use of materials along the supply chain
Find out moreWe encourage constant innovation across our business to embrace creativity, new ideas and continuous improvement by empowering our diverse workforce to contribute valuable insights and providing them with training and development opportunities as well as investing in the latest technology.
submissions by employees during FY24 Innovation Challenge
We believe in going the extra mile to source ethically and responsibly as well as engage in sustainable supply chain management. This is essential in building a resilient business in the lodging space and fostering a positive ripple effect beyond our business.
platform on Frasers Property’s Responsible Sourcing Policy was introduced to suppliers in FY24
We strongly believe in giving back to the communities around our properties by committing time and resources as well as facilitating direct engagements to enhance community connectedness where we operate. Staying true to our mission, we endeavour to connect with the local communities through life-enriching experiences.
volunteer hours committed in FY24
Our responsibility to the planet includes preserving biodiversity which is crucial for maintaining ecological balance. This responsibility involves protecting habitats, reducing pollution, mitigating climate change and promoting sustainable practices that allow both nature and humanity to thrive together. From bee farming to tree-planting campaigns worldwide, we proactively allocate time and resources to ensure we manage nature-related impacts more effectively.
on-property bee farms
on-property community gardens
The three pillars of our ESG Framework – Acting Progressively, Consuming Responsibly and Focusing on People – align us with our key priorities. These three pillars underpin 13 interconnected focus areas that are most impactful to our business and stakeholders, identified following a comprehensive materiality assessment. We regularly review our focus areas to validate their relevance, with the most recent review in FY22.
ESG considerations are progressively integrated within our risk, investment and strategy decisions, supported by our ESG governance structure. Our ESG approach is embedded within our overall business strategy. Our value creation business model provides a framework for how we create long-term value for our stakeholders.
We foster a progressive and innovative mindset, supported by a robust governance structure that promotes transparency and embeds ESG within our business strategy.
Comprehensive assessment to address environmental, health, safety and social risks
Find out moreIncorporating environmental, social and governance criteria into our investment process
Find out moreFostering a culture of innovation that creates value and strengthens our competitive edge
Find out moreWe proactively evaluate, address and mitigate our environmental, health, safety and social risks and implement policies and initiatives that promote robust governance and compliance, ensuring adherence to established governance standards and integrity and accountability of our business.
significant instances of non-compliance with laws and regulations for which fines or non-monetary sanctions were incurred in FY23
instances of confirmed incidents of corruption and incidents in which employees were dismissed or disciplined for corruption, or contracts with business partners that were terminated or not renewed due to violations related to corruption in FY23
We adopt a multi-faceted strategy for responsible investment through the pursuit of green and sustainable financing, green building certifications and integration of sustainability considerations into our investment decisions.
ESG Pre-Investment assessment imposed for all new investments to evaluate their resilience
We are committed to futureproofing our properties to address impacts related to climate change and safeguard lives and assets. This strategy reduces the long-term economic and environmental costs associated with climate disruptions.
of owned properties by GFA are green-certified or pursuing green certification
of new development projects by GFA are green-certified or pursuing green certification
We encourage constant innovation across our business to embrace creativity, new ideas and continuous improvement by empowering our diverse workforce to contribute valuable insights and providing them with training and development opportunities as well as investing in the latest technology.
submissions by employees during FY24 Innovation Challenge
We focus on reducing our climate impact by prioritising responsible resource management and minimising our environmental footprint.
Increasing water efficiency and the recycling and safe reuse of water discharged
Find out moreAchieving sustainable management and efficient use of materials along the supply chain
Find out moreThe lodging sector’s increasing energy consumption and carbon emissions are critical concerns that necessitate our urgent attention and actions to pursue solutions and implement improvements in our operations to maximise energy efficiency and expand the use of renewable energy.
carbon roadmap established since 2022
of owned properties running on renewable energy sources as at 30 September 2023
The management of water resources is of utmost importance to us. We track and monitor the water consumption closely, adopt water-savings measures and install water efficient fittings to reduce water usage in our properties. We also actively train with our workforce and engage our guests to participate in water conservation efforts.
of our owned properties adopt water conservation practices or align with local standards
We are fully committed to managing waste effectively through the implementation of robust waste management practices to reduce environmental impact through prevention, reduction, recycling and reuse.
of general waste produced by our properties across various regions was successfully recycled
We believe in going the extra mile to source ethically and responsibly as well as engage in sustainable supply chain management. This is essential in building a resilient business in the lodging space and fostering a positive ripple effect beyond our business.
platform on Frasers Property’s Responsible Sourcing Policy was introduced to suppliers in FY24
Our responsibility to the planet includes preserving biodiversity which is crucial for maintaining ecological balance. This responsibility involves protecting habitats, reducing pollution, mitigating climate change and promoting sustainable practices that allow both nature and humanity to thrive together. From bee farming to tree-planting campaigns worldwide, we proactively allocate time and resources to ensure we manage nature-related impacts more effectively.
on-property bee farms
on-property community gardens
Our properties provide spaces for people to live, work and interact.
Creating, inspiring and nurturing an inclusive culture that unlocks the power of diverse teams to drive Frasers Hospitality forward.
Find out moreDeveloping programmes that support productivity, creativity, and innovation
Find out moreAuthentic hospitality extends beyond our guests to our workforce and the communities around us. We create and foster an inclusive environment that celebrates diverse backgrounds, perspectives, and talents that enrich the lives of one another.
employees across our business as of 30 September 2023
female representation in our workforce in FY23
female representation in senior management in FY23
We prioritise the overall development of our people as it represents a vital component of our business. We constantly improve our policies and programmes to foster growth as part of our mission. We secure our future by investing in our people.
learning hours on average per employee in FY23
online courses available on our LinkedIn Learning, Typsy, and other platforms as part of our self-directed learning offerings
The health and well-being of our workforce, guests and communities surrounding us are of utmost priority to us. We strive towards creating a positive culture and building inclusive spaces to strengthen our capacity to deliver true hospitality.
to benefits with a strong focus on preventive health and healthier living as well as holistic wellbeing
We strongly believe in giving back to the communities around our properties by committing time and resources as well as facilitating direct engagements to enhance community connectedness where we operate. Staying true to our mission, we endeavour to connect with the local communities through life-enriching experiences.
volunteer hours committed in FY24