Frasers Property Retail Management Pte Ltd is a Singapore-based company that operates in the property management sector. The company is a subsidiary of Frasers Property Limited, a leading integrated real estate company that operates in 80 cities across Asia, Australia, Europe, and the Middle East. Frasers Property Retail Management Pte Ltd manages a portfolio of retail properties, including shopping malls, retail parks, and mixed-use developments, across Singapore, Australia, and Thailand.
Decarbonisation is a key focus area for Frasers Property Retail Management Pte Ltd. The company is committed to reducing its carbon footprint and contributing to the global effort to mitigate climate change. To achieve this, the company has set ambitious targets to reduce its greenhouse gas emissions intensity by 30% by 2030, based on a 2018 baseline. The company is also exploring opportunities to decarbonise its operations through the use of renewable energy and energy-efficient technologies.
Corporate energy management is another important aspect of Frasers Property Retail Management Pte Ltd's sustainability strategy. The company is committed to reducing its energy consumption and improving the efficiency of its operations. To achieve this, the company has implemented a range of energy-saving measures, including the installation of energy-efficient lighting and HVAC systems, the use of smart building technologies, and the implementation of energy management systems. The company also regularly conducts energy audits to identify areas for improvement and track progress towards its energy reduction targets.
Corporate power purchase agreements (PPAs) are an important tool for Frasers Property Retail Management Pte Ltd to achieve its renewable energy goals. The company has signed several corporate PPAs with renewable energy developers in Australia and Thailand, which enable it to purchase renewable energy at a fixed price for a specified period. These PPAs not only help the company to reduce its carbon footprint but also provide cost savings and price stability for its energy needs.
Renewable energy is a key focus area for Frasers Property Retail Management Pte Ltd. The company is committed to increasing its use of renewable energy and has set a target to achieve 80% renewable electricity consumption across its global operations by 2030. To achieve this, the company is exploring opportunities to install solar panels and other renewable energy technologies on its properties, as well as sourcing renewable energy through corporate PPAs.
In addition to its sustainability efforts, Frasers Property Retail Management Pte Ltd is also committed to creating vibrant and sustainable communities. The company works closely with its tenants, customers, and local stakeholders to create engaging and inclusive spaces that meet the needs of the community. The company also supports local businesses and social enterprises, and regularly organises community events and activities to promote social cohesion and community engagement.
Overall, Frasers Property Retail Management Pte Ltd is a leading player in the property management sector, with a strong commitment to sustainability and community engagement. The company's focus on decarbonisation, corporate energy management, corporate PPAs, and renewable energy is helping to drive the transition towards a low-carbon economy, while also creating value for its stakeholders and contributing to the well-being of the communities it serves.