Frasers Property Singapore (Development & Projects) is a leading real estate developer and investor in Singapore that operates in the Multi Asset Class Own & Develop sector. The company has a strong focus on sustainable development and is committed to reducing its carbon footprint through decarbonisation initiatives and the use of renewable energy sources.
One of the key areas of focus for Frasers Property Singapore (Development & Projects) is corporate energy management. The company has implemented a range of measures to reduce its energy consumption and improve energy efficiency across its properties. This includes the use of energy-efficient lighting and HVAC systems, as well as the installation of solar panels and other renewable energy solutions.
In addition to reducing its own energy consumption, Frasers Property Singapore (Development & Projects) is also actively involved in the corporate power purchase agreement (PPA) market. The company has signed several long-term agreements with renewable energy providers to purchase clean energy for its properties, helping to support the growth of the renewable energy sector in Singapore.
One example of this is the company's recent partnership with Sunseap Group, a leading solar energy provider in Singapore. Under the agreement, Frasers Property Singapore (Development & Projects) will purchase 21 GWh of renewable energy annually from Sunseap's solar farm in the north of Singapore. This is equivalent to powering over 4,000 households for a year and will help to reduce the company's carbon emissions by over 10,000 tonnes annually.
In addition to its focus on renewable energy, Frasers Property Singapore (Development & Projects) is also committed to decarbonisation across its operations. The company has set ambitious targets to reduce its carbon footprint and has implemented a range of initiatives to achieve these goals. This includes the use of green building materials, the implementation of energy-efficient building designs, and the adoption of sustainable transportation solutions.
One example of this is the company's new development, One Pearl Bank, which is set to become one of the most sustainable residential developments in Singapore. The project incorporates a range of sustainable features, including rainwater harvesting systems, green roofs, and energy-efficient lighting and HVAC systems. The development also features a range of sustainable transportation options, including electric vehicle charging stations and bicycle parking facilities.
Overall, Frasers Property Singapore (Development & Projects) is a leading real estate developer and investor in Singapore that is committed to sustainable development and reducing its carbon footprint. The company's focus on renewable energy, corporate energy management, and decarbonisation initiatives is helping to drive the transition towards a more sustainable future in Singapore and beyond.