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 2050, 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
FLCT’s commitment lies in building lasting value for our portfolio and our stakeholders through the careful integration of ESG factors in our decision making processes. This comprehensive approach allows us to build resilience and effectively manage risks inherent in our industry, positioning us as industry leaders. Our corporate governance culture is grounded in a solid framework of policies and a forward-thinking ethos. This entails formulating relevant policies to steer our processes toward business and sustainability goals, embracing green building certifications, engaging in responsible investment and nurturing an innovation-driven culture.
At FLCT, we recognise that people are our greatest asset, and we strive to create an environment where they can thrive and reach their full potential. We foster the development of core skills such as resilience and design thinking by investing in continuous employee growth, while cultivating a progressive, respectful, and diverse culture.
FLCT’s goal is to create lasting value and contribute to the well-being of the communities in which we operate. As part of our commitment to social responsibility, we continually invest in our local communities and establish policies that strengthen human capital and ensure equitable outcomes. Additionally, we actively engage stakeholders through collaboration, education, and advocacy to make a positive impact in the core areas of Health, Education and the Environment.
In managing our industrial and commercial property portfolio across five developed markets, FLCT recognises our dual responsibility and valuable opportunity to minimise environmental impacts throughout our value chain. This entails the adoption of energy-efficient solutions, increased utilisation of renewable energy and collaborative partnerships for sustainable property practices. Continually adapting to meet evolving stakeholder needs, FLCT actively engages with and supports our tenants in their environmental objectives. Our approach encompasses establishing sustainable operational policies and conducting regular reviews to identify areas for improvement.
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