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 sustainability framework provides the overarching strategy that drives FLCT’s approach towards sustainability by focusing on three focus areas – Acting Progressively, Consuming Responsibly and Focusing on People.
We have established a sustainability roadmap with a clear action plan for FLCT to continue to lead the way and drive our sustainability performance1. This includes a goal for FLCT to achieve net-zero carbon status by 2030, with established targets that contribute towards our Sponsor’s Group-wide goals.
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 important asset, and we strive to nurture an environment that they can thrive in and be their best selves. With climate change impacts becoming more pressing and as the world eases into the endemic phase of the COVID-19 pandemic, it is crucial that we expand our capabilities in core skills like agility, resilience and design thinking. We invest in continuous development of our employees and take tangible steps to promote a progressive, respectful and diverse culture. We are also committed to supporting and protecting the interests, inclusion and well-being of our stakeholders through our business practices and community investments.
With our portfolio of industrial and commercial properties across five major developed markets, we recognise that we have both a duty and a valuable opportunity to minimise the environmental impacts in our value chain. We continue to make progress against our goal of achieving net-zero carbon emissions by 2030, taking steps to accelerate decarbonisation including implementing energy efficient solutions, increasing renewable energy use and partnering stakeholders to implement sustainable practices across our properties – from design through to operations. 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