FLCT recognises the importance of addressing key global environmental and social issues. We adopt a three-pronged strategy that drives FLCT’s approach by focusing on three core areas – Acting Progressively, Consuming Responsibly and Focusing on People. Not only do we see sustainability from risk lenses, we see it as an opportunity to enhance our resilience, provide better offerings to customers, and future-proof our business for the long term.
We are aligned with the Sponsor’s five long-term goals established in 2020:
We have established a sustainability roadmap with a clear action plan for FLCT to continue to lead the way and measure our sustainability performance1 , which includes a goal to achieve net zero carbon status by 2030.
1Please visit https://www.frasersproperty.com/reits/flct/who-we-are/sustainability for a complete list of our targets
We are committed to creating long-term value for our portfolio, integrating environmental, social and governance considerations into our business decisions. This helps us build resilience and holistically manage risks associated with our business to continue to lead the way in the real estate industry. Our culture of strong corporate governance is underpinned by a robust framework of policies and a progressive mindset.
Our people are our most valuable asset. With the disruptions and challenges that have come with the COVID-19 pandemic and climate change, core skills like agility, resilience and design thinking have never been more relevant. We make continuous development a priority for our staff and contractors, and take tangible steps to create diverse workplaces and promote a progressive, respectful culture. We are also committed to supporting and protecting the interests and well-being of our stakeholders through our business practices and community investments as they are key drivers of our growth and success.
We recognise the critical role we play as a property owner in reducing environmental impacts in our value chain and driving responsible consumption and production. In our effort to achieve net zero carbon emissions by 2030, we are making conscious decisions that will positively impact our carbon footprint. With an eye on evolving stakeholder needs and expectations, we constantly engage and collaborate with our tenants to help them meet their own environmental goals.
Ranked 2nd of 19 in Asia-Pacific under the Diversified – Office/Industrial category
We have the highest-rated industrial Green Star performance rated portfolio in Australia
Green Star Industrial Design & As-built with 6 stars:
Green Star Industrial Design & As-built with 5 stars:
Ranked 2nd of 19 in Asia-Pacific under the Diversified – Office/Industrial category
357 Collins Street, Caroline Chisholm Centre and Central Park attained a minimum 5.0-star NABERS Energy base building rating
Central Park: first premium office building in Perth to attain 5.0-star NABERS Energy base building rating
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.
FLCT’s Sustainability Reports summarise our approach towards sustainability and our progress to-date