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Led by our Purpose – Inspiring experiences, creating places for good.
We embed environmental, social and governance (ESG) considerations across our value chain and strive to manage associated long-term risks and opportunities. This enables us to respond with agility to evolving market and regulatory developments, uphold business resilience and create sustainable value for stakeholders.
Advancing on our Group ESG Goals
We are progressing on our Group ESG Goals amid evolving regulatory landscapes and stakeholder expectations.
Achieve net-zero carbon across Scopes 1, 2 and 3 by 2050.
~24% decrease in Scopes 1 and 2 location-based emissions in FY24 against FY19 base year1. Expanded disclosure of Scope 3 carbon emissions.
1 Excludes development assets, which comprise a minority of Scopes 1 and 2 location-based emissions. These emissions will be included in our ESG databook.
Install 215 MW of renewable energy capacity on our properties by 2030.
More than 46 MW of solar capacity installed to-date.
Deploy Group-wide climate risk analytics platform to identify, assess and manage climate-related risks by FY24.
Developed Group-wide Climate Value at Risk platform, with 100% of development and stabilised assets loaded into platform.
Have 100% by GFA of new development projects, and 85% of our owned and asset-managed properties, be either green-certified or pursuing green certification by 2030.
>54% of our owned and asset-managed properties are either green-certified or pursuing green certification. 71% of new development projects have been certified or are in the process of certification since FY21.
Engage 75% of our suppliers by spend on our Responsible Sourcing Policy by FY25.
47% suppliers engaged on our Responsible Sourcing Policy2. This was achieved through our tailored supplier e-learning programme and direct engagement strategies, such as sustainability surveys.
2 Excluding those supplying our Singapore corporate offices and Frasers Hospitality.
Develop a framework to assess and prioritise biodiversity risks and opportunities by FY25.
Conducted high-level TNFD-aligned Group nature risk assessment which enabled an understanding of where nature-related impacts, dependencies, risks and opportunities lie across our business.
