myFrasersProperty
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Energy & carbon
Making clean energy accessible for all.
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.
Our current targets.
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47% reduction in carbon emissions of Scope 1,2 and 3 emissions in line with SBTi by 30.09.2028 |
SBTi targets submitted and approved. Currently working through decarbonisations initiatives on assets and developments. |
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All Commercial properties to have a decarbonisation and electrification roadmap by 30.09.2024 |
L2Energy audits and a roadmap for electrification has been developed for all commercial assets. |
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All Retail properties to have a decarbonisation and electrification roadmap by 30.09.2025 |
Currently in the process of being completed. |
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All Commercial Properties to either achieve and maintain a minimum of 4 Stars NABERS Energy rating |
All properties except one have NABERS ratings above 4 Stars. This is due to low occupancy. |
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Improved monitoring strategy for energy performance of assets with new benchmarks by 30.09.2025 |
Currently underway with benchmarks considering various standards which we report/ certify under. |
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Business to install 21 MW of renewable energy by 2030 |
Continuing to install renewables on our projects - target is tracked internally. |
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All assets base building energy use (100% data completion) to be collected and recorded in company Data platform - 30.09.2024 |
Completed |
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All assets tenant energy use to be collected (at least 80%) and recorded in company Data platform - 30.09.2025 |
Completed |
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All Corporate Office energy use to be collected (100% data completion) and recorded in company Data platform - 30.09.2025 |
Completed |
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Update and transfer all data to new ESG Data platform with improved functionality by 31.12.2025 |
Underway |
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Implementing ESG QA processes during construction on Built Form developments by 30.09.2026 |
This has commenced but not completed |
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ESG Capacity Building with Development Teams working on Built Form 30.09.2026 |
This has commenced but not completed |
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In progress
Achieved