Our Progress at a glance

An innovative culture enables our business to stay relevant and meet the expectations of our stakeholders. We encourage innovation across our business through partnerships and organic innovation in our pursuit to cultivate a customer-centric and collaborative mindset. In addition, we continue our efforts to innovate and improve processes to enhance the experiences of employees, tenants and customers, including adapting to their changing needs during the COVID-19 pandemic.

Our impact extends beyond our operations. We are aware of our role in influencing our supply chain to create sustainable value and encourage them to consider environmental, social and governance issues in their own businesses. In 2021, we conducted an internal consultation and materiality assessment to drive responsible sourcing and implemented a Group-wide responsible sourcing policy and workplan. 

Frasers Property sees diversity and inclusion as integral parts of our culture and identity. We are building a culture where differences are valued and respected, knowing that such diversity brings us closer to the communities we serve. We strive to create workplaces where everyone feels empowered to be authentic at work. That's why, in 2020, we established a Group-wide Diversity & Inclusion Policy and pledged to the UN Women's Empowerment Principles to advance and empower women at the workplace. 

To future-proof our business, it is integral to comprehensively assess environment, health and safety and social risks associated with our business. That is why we have set ourselves the goal to establish holistic overarching internal policies to govern and guide management of the focus areas. In FY20, we introduced a Group Corporate Social Responsibility Policy, while all of our business developed their own sustainability workplan aligned with the Group goals.  

At Frasers Property, we encourage the efficient use and management of resources to curb waste generation. We are aiming to expand the coverage of data monitoring of waste generated and recycled in our asset portfolio. We are also on track to phase out single-use plastics in rooms and food and beverage of our managed hospitality assets by 2021.

We believe promoting the health and well-being of our stakeholders would lead to increased productivity and work satisfaction and reduced workplace risks associated with safety. This took even greater prominence with the impact of COVID-19. As a business, we are building wellness into culture to positively engage employees and by creating awareness of health management, support mental wellness.