A global sustainability leader
Delivering stronger, smarter, happier neighbourhoods
Creating a better way to live.
At Frasers Property Australia, social and environmental sustainability is integral to our ambition to create stronger, smarter, happier neighbourhoods that promise greater futures. From site acquisition and project design to delivery, operation, reporting and beyond, we’re guided by a sustainability strategy that reduces our impact on the planet, while improving quality of life for people.
Through fostering resilient communities, carbon-reducing initiatives, responsibly sourcing services and materials, providing clean energy, using green finance and being accountable through independent tools and ratings, we contribute to a better, cleaner future.
Our Priorities
Sustainability priorities evolve constantly. As such, we need to be flexible and resilient. We need to rethink our current systems and technologies to enable sustainable development and to make a difference in a changing world.
We're fostering an innovation culture to develop scalable solutions, and to create adaptable places that will withstand shifts in demographics, climate and lifestyle.
Energy & Carbon
Making clean energy accessible for all
We're committed to seriously reducing our carbon footprint and future-proofing our properties and communities our customers. That's why we're a certified carbon neutral organisation under the Australian Government's Climate Active Carbon Neutral Standard. We're now aligning with Science Based Targets for our whole business to be net zero carbon by 2028.
We're being innovative about the way we deliver energy to our customers, launching Real Utilities, our 100% carbon neutral embedded network energy retailer.
We have long term goals, plus short term targets that we refresh every two years. For Energy and Carbon, our long term goal is: By 2030, we aim to create customer value through our energy and carbon strategy.
Responsible Investment
Establish mandatory Environmental, Social & Governance (ESG) considerations for all investment proposals.
Resilience
Under review.
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Showing respect for the natural environment
As a business, we strive to conserve, regenerate and enhance the planet's ecosystems. We're also leaning on nature's wisdom to design places that are healthier, happier and connect people to their environment. We have long term goals, plus short term targets that we refresh every two years. For Biodiversity, our long term goal is: By 2030, we aim to leave every site better than when we arrived.
Certification
Embed appropriate certification processes within teams and maintain current certification commitments.
Water
Respecting and reconsidering our water use
As part of our commitments to regeneration, and to reusing resources wherever possible, we're implementing new systems to help us understand and manage our waste in the most efficient way possible.
We have long term goals, plus short term targets that we refresh every two years. For Waste, our long term goal is: By 2030, we aim to move towards zero waste.
Waste
Changing the way we think about waste
As part of our commitments to regeneration, and to reusing resources wherever possible, we're implementing new systems to help us understand and manage our waste in the most efficient way possible.
We have long term goals, plus short term targets that we refresh every two years. For Waste, our long term goal is: By 2030, we aim to move towards zero waste.
Materials & Supply Chain
Being responsible at every step
We realise that our impact extends beyond our operations to our supply chain. It's why we're on a mission to source safe, renewable and responsible materials, and we're working with our supply chain to make this a reality.
In March 2021, we launched our first Modern Slavery Statement
Our Statement, developed in accordance with the Modern Slavery Act 2018, commits our businesses to diving deeper into our supply chains, collaborating even more closely with our suppliers to understand their relationships, to be more readily able to identify and mitigate modern slavery risks in our operations and those of the organisations we work with.
We have long term goals, plus short term targets that we refresh every two years. For Materials and Supply Chain, our long term goal is: By 2030, we aim to have a healthy, safe, responsible and renewable supply chain.
Happier communities
Our purpose as a business is to create belonging. This begins with the way we expertly design our neighbourhoods, and continues with the support we give to communities as they form and grow.
In addition to our investments in community development, Frasers Property Australia is engaged in a mission to raise awareness and reduce the impact of loneliness in Australian life. In this fight, we are very proud to be a producing partner in the documentary film, The Great Separation, and an industry advisor to Ending Loneliness Together.
Smarter environments
Finding better ways to live with lower impact has been our focus for decades. We’ve led the way with innovations that have improved the energy and water use of homes including Green Star design, geothermal and solar energy capture, and carbon-neutral power supply through our energy retailer, Real Utilities.
World leadership
We were the first in the world to achieve Living Building Challenge® Petal Certification for a retail building, and in doing so, we developed The Greensheet, Australia’s first comprehensive database of healthy building materials, freely available for everyone’s use. Additionally, 100% of our corporate funding is secured in the form of sustainability-linked loans.
Resilient communities
Thirteen Frasers Property communities are certified under the Green Star Communities tool, seven of which have achieved a 6 Star rating, representing World Leadership in sustainability. The remaining six have certified 5 Star ratings, representing Australian Leadership. We’ve also maintained the highest possible GRESB 5-star rating since 2018.
Real Utilities
Real Utilities is Frasers Property Australia’s carbon-neutral energy retailer providing 100% Climate Active-certified energy to many of our residential, commercial, and mixed-use developments. It plays a key role in both our decarbonisation efforts and those of our customers.
Strong foundations
World leadership
We have maintained the highest GRESB 5-star rating since 2018.
Our sustainability approach, from our carbon-reducing initiatives, use of green finance, increasing the resilience of our communities, responsibly sourcing services and materials, and using third-party certifications to benchmark our work, underpins our global leadership position.
Resilient communities
Eleven Frasers Property communities are certified under the Green Star Communities tool and six have achieved a 6 Star rating, representing World Leadership in sustainability.
The remaining five have certified 5 Star ratings, representing Australian Leadership.
An award-winning approach
Our pioneering projects and initiatives set new standards and improve sustainability results industry-wide. As a global sustainability leader, we’re consistently recognised for our achievements across various sectors and regions, as well as on multiple award platforms.
OVERALL WINNER
Burwood Brickworks
Living Building Challenge, Sustainability Leaders 2022
SHORTLIST
Real Utilities
Sustainability Leaders 2022
WINNER
Burwood Brickworks
Best Sustainable Development – New Buildings, Property Council Innovation & Excellence Awards 2021
FINALIST
Ed.Square
Sustainability & Environmental Technology, UDIA NSW Awards for Excellence 2021
SHORTLIST
Burwood Brickworks Shopping Centre
Sustainable Architecture, Victorian Architecture Awards 2021
WINNER
Central Park Sydney
Excellence in Sustainability, Urban Developer Awards 2019
WINNER
Central Park Sydney
Excellence in Sustainability & Environmental Technology, UDIA NSW Awards for Excellence 2019
FINALIST
Frasers Property Australia
Business Leadership in Sustainability, World Green Building Council Asia Pacific Awards 2018
WINNER
Central Park Sydney
Sustainable Architecture, AIA National Architecture Awards 2017
WINNER
Fairwater Park
Sustainability Award, Green Globe Awards 2016
HIGHLY COMMENDED
The Ponds Shopping Centre
Built Environment Sustainability, Green Globe Awards 2015
GOLD MEDAL
The Ponds Shopping Centre
Sustainable Design, ICSC Asia Pacific Shopping Centre Awards 2015
WINNER
Discovery Point
Sustainable Development, UDIA NSW Awards for Excellence 2015
WINNER
One Central Park
Best Sustainable Development of the Year, LEAF Awards 2014
Find your stronger, smarter, happier neighbourhood today