Enterprise Risk Management is an essential part of the Group’s business strategy, guiding decision making and enabling our business to be future-ready by systematically identifying, assessing and mitigating potential risks.

With the built environment accounting for 40% of global carbon emissions, there is a need for us to pursue solutions that maximises energy efficiency, expand the use of renewable energy and reduce embodied carbon. We adopt a data-driven approach to progress towards achieving net-zero carbon across Scopes 1, 2 and 3 by 2050.

We seek to continuously foster an empathetic culture that is open, inclusive and aligned with our Core Values. We value and respect differences, recognising that diversity brings us closer to the communities we serve.

We adopt a multi-pronged approach to responsible investment by seeking green and sustainable financing and embedding sustainability considerations within asset management and investment decisions.

* Includes joint ventures’ financing facilities which are not included in the Group’s consolidated financial statements.

Water has been identified as an aspect in which Frasers Property has dependencies and potential impacts on. We depend on reliable water supply across all stages of the property life cycle. In addition, a majority of our assets are located in high water-stressed countries, making water management a focal point for how we manage impacts on the environment.

Fostering learning and development throughout our workforce enables us to forge a resilient corporate culture, build organisational agility, stay competitive and hone leaders with growth mindset. Our policies and programmes are aimed at strengthening workforce capabilities and leadership and talent development.

With instances of extreme weather events and climate-related impacts likely to rise in future, resilient properties enable Frasers Property to protect and enhance occupant well-being as well as reduce climate-related financial and transition costs for assets.

We manage waste with a focus on prevention, reduction, recycling and reuse, aligning with circular economy principles. We also partner stakeholders including tenants and customers to encourage responsible waste management practices.

Through our role of creating places where people across our value chain live, work and play, we recognise the potential to deliver enduring value creation for our business through holistic safety, health and well-being practices. We strengthen and safeguard health and wellbeing to foster resilience in stakeholder groups across our value chain.

A culture of innovation supports Frasers Property in becoming more agile and scaling opportunities to address business and ESG challenges. This helps in scaling up sustainable solutions, improving operational efficiency and meeting stakeholder expectations, ultimately leading to long-term business resilience. Prioritising customer insights further enhances our ability to deliver meaningful and memorable experiences for our customers.

Our supply chain governance focuses on ESG compliance to manage business risk, reduce Scope 3 emissions and maintain our social license to operate. We actively engage suppliers to extend our ESG practices beyond our direct operations.

* Excluding suppliers to our Singapore corporate offices and Frasers Hospitality.

Harmonious, connected communities and thriving businesses are essential for social and economic resilience, providing longer-term stability for our business. By creating infrastructure and spaces that foster a vibrant culture, we aim to reduce social isolation, dismantle barriers between individuals and make a sustained difference in people's lives.

We recognise the importance for a real estate business to identify and mitigate nature-related impacts. Integrating nature-related considerations within our existing strategies enables us to prepare for nature-related risks and enhance business continuity while minimising potential disruptions.