Our Sustainability Framework sets out our sustainability priorities as a Group through to 2030. The Framework is driven by three pillars, namely Acting Progressively, Consuming Responsibly and Focusing on People. These three pillars form a multi-disciplinary approach that recognises 13 corresponding Environment, Social and Governance (ESG) focus areas. The Sustainability Framework also provides common ground upon which we will direct our efforts to manage and deliver our sustainability priorities across the value chain, while providing individual business units and listed REITs with sufficient flexibility to develop and implement strategies and action plans tailored to their business model, operations and plans.
Our Sustainability Steering Committee (SSC), chaired by our Group CEO and comprising top management, provides guidance and drives our corporate sustainability agenda. To ensure that the progression of our sustainability efforts is on the right track, the SSC meets to review performance against our sustainability objectives.
The Sustainability Working Committee (SWC) supports the SSC and is responsible for realising the corporate sustainability agenda. The SWC is made up of middle and senior management from key business units. Its main tasks are to implement action plans, monitor our sustainability performance against key performance indicators and communicate our sustainability performance to our stakeholders.
We continually look for opportunities to reduce our consumption of the earth’s limited resources and preserve them for the next generation. We have committed to achieving an Energy-and-water-efficient portfolio, and are working towards managing waste generation and disposal processes at our properties.
In addition to improving our operational efficiencies, we believe that the design of a building directly affects its performance and indirectly encourages sustainable behaviour in its occupants. Frasers Property therefore employs innovative methods and techniques to create positive and enabling spaces at the development stage. We also adopt technologies in the energy sector to help us meet energy challenges quickly.
Frasers Property values the experiences of our employees and our customers. We emphasise the career development, welfare, health and safety of each employee. We pride ourselves on having a diverse workforce in terms of age, gender, skill-sets and nationality. We are also committed to providing equal employment opportunities based on meritocracy.
Our properties provide spaces for people to live, work and interact and we look for opportunities to create memorable and enriching experiences for our customers.
As a company with a global presence, we are able to create positive impact in the communities where we operate.
We believe a progressive and innovative mindset is vital to business sustainability. We incorporate innovative solutions and sustainability criteria into the way we manage our portfolio to strengthen our resilience and competitive edge as a business.
Being respectful of laws, regulations and needs of society is key to being a good corporate citizen. Good governance serves as an indispensable foundation upon which we can evolve as a business. We recognise the benefits that clear policies and good management bring to our business and we strive to maintain high standards of integrity, accountability and responsible governance.
Frasers Property is a signatory to the Corporate Governance Statement of Support since 2015, and a signatory to the United Nations Global Compact since 2016. We have a zero-tolerance approach towards corruption and fraud. We also strive for zero incidence of non-compliance with all laws and regulations.