FY22 Financial Highlights
Collective action for positive ESG impact
Progressing on our sustainability processes and performance
# 1: To be a net-zero corporation
by 2050
All business units on track to develop
net-zero carbon roadmaps by FY23; 5
business units and 3 REITS
have already developed roadmaps
2 business units and 1 REIT submitted
carbon reduction targets to Science
Based Targets initiative for validation,
with other key business units on track to
submit in FY23
ACTING PROGRESSIVELY
• Issued Singapore's first corporate green
retail notes
• Overall improvement in 2022 GRESB results.
Maintained 5-star rating for:
•
Standing Investments - FCT, FPA, FPI
(Australia), FLCT
Development - FPA and FPI (Australia)
#2: To be climate-resilient and
establish adaptation and mitigation
plans by 2024
•
285 key personnel, including senior
leaders, trained on topics such as
climate risks and opportunities,
decarbonisation and green finance
All business units and REITS
performed a gap analysis and identified
initiatives for closer alignment to the
Task Force on Climate-Related
Financial Disclosures (TCFD)
CONSUMING RESPONSIBLY
•
#3: To green-certify 80% of our
owned and managed assets
by 2024
45% of owned and asset-managed
operating properties green-certified or
pursuing certification
90% of new development projects
green-certified or pursuing certification
Partnered tenants to install smart water
meters in 34 industrial properties in Europe
Supported Singapore Green Plan 2030 with the
signing of Green Nation Pledge and initiating
stakeholder engagement activities during Climate
Action Week 2022.
•⚫ Launched first certified Passive House by a
volume developer in Australia
#4 To finance the majority of our
new sustainable asset portfolios
with green & sustainable financing
by 2024
33 green and sustainability-linked loans
secured, and 3 green and sustainability-
linked bonds issued, totalling over S$9
billion. This is the equivalent to 50% of
our net borrowings1.
79% of the Group's financed green and
sustainable assets are funded by green
and sustainability-linked loans and
bonds
FOCUSING ON PEOPLE
• One of Singapore's Best Employers 2022
• NVPC's Champions of Good 2022
Equileap's top three most gender-equitable
companies listed in Singapore
• Co-founder at Sustainability Expo 2022 with over
250,000 international attendees
• Almost all employees trained on sustainability
1. Includes debt related to Frasers Tower, Northpoint City South Wing, Waterway Point, The Grove project, Yarraville project and Midtown project, which are not included in the consolidated financial statements. Total gross debt in the consolidated
financial statements is S$15.9 billion.
We are Frasers Property
16View entire presentation