FCT is committed to achieving net-zero carbon emissions by 2050, which was a groupwide strategic goal announced by Frasers Property Group in January 2021.
As part of the Frasers Property Group, we are cognisant of the impact that our business operations and assets have on climate change and the environment. Together with the steering and working groups within the Frasers Property organisation, we made progress in many areas in our journey towards the net-zero carbon mission goal.
We invite you to visit the respective sections below which covers our Sustainability Reports and our newly established Sustainable Finance Framework, among other resources, which might be useful for you to understand our sustainability journey.
We are pleased to present our Sustainability Reports in this web page. Environmental, social and governance sustainability are important parts of our business and for our stakeholders. We believe it is important for our stakeholders to be informed of the efforts that we undertake in order to realise our vision for a sustainable future. This Sustainability Report will be published annually. We will report on the performance and strategy on the material issues to our stakeholders.
Our Sustainability report is produced based on the guidelines laid out by the Global Reporting Initiative ("GRI"), an international standard for sustainability reporting. The report meets the GRI's G4 Core requirements and accounts for the Construction and Real Estate Sector Disclosures. The scope of our Sustainability Report covers all properties owned by Frasers Centrepoint Trust.
Frasers Centrepoint Trust (“FCT”) 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.
FCT established its sustainable finance framework on 17 December 2021.
Please click the link below to view the document:
FCT engaged Deloitte & Touche LLP to provide independent assurance on FCT’s Sustainable Finance Framework (“Framework”), that the overarching criteria and guidelines of the Framework are in accordance with:
Eight of FCT’s nine retail properties and the office property Central Plaza received Gold or better Green Mark Certification awarded by the Building and Construction Authority (BCA), Singapore. The certification for each building is valid three years from the year of issue. More information on the terms and conditions governing the BCA Green Mark Award can be obtained from BCA’s website at: https://www1.bca.gov.sg/buildsg/sustainability/green-mark-certification-scheme
|Property||Description of Award||Year of Issue / Renewal||Expiry|
|Causeway Point||BCA Green Mark Platinum||2020||November 2023|
|Waterway Point||BCA Green Mark GoldPlus||2021||April 2024|
|Tampines 1||BCA Green Mark GoldPlus||2022||February 2025|
|Northpoint City North Wing||BCA Green Mark Gold||2020||October 2023|
|Tiong Bahru Plaza||BCA Green Mark Platinum||2022||November 2024|
|Central Plaza||BCA Green Mark Platinum||2022||November 2024|
|Century Square||BCA Green Mark Platinum||2021||February 2024|
|Changi City Point||BCA Green Mark GoldPlus||2020||December 2023|
|White Sands||BCA Green Mark Platinum||2021||August 2024|
The GRESB Real Estate Assessments benchmarks real estate funds and companies worldwide based on information relating to their ESG performance and sustainability best practices, based on consistent methodology across geography, investment vehicles and property types and it is aligned with international reporting frameworks. More information available from https://gresb.com/nl-en/real-estate-assessment/
According to GRESB, the assessment result is a set of high-quality and validated data that investors and participants can use in their investment, engagement and decision-making processes.
FCT has been a participant of the GRESB Assessment since 2019 and we are proud to receive the 5-Stars award for the 2021 Assessment. This is a significant improvement from our results in 2019 and 2020, which FCT received the 3-Stars award in both years.
If you need more information about FCT’s GRESB Real Estate Assessment results for 2021, please contact our Investor Relations at email@example.com