Sustainability | About Us | Frasers Hospitality

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About Us

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OUR COMMITMENT TO SOCIETY

Frasers Hospitality is guided by a group-wide Sustainability Framework that maps out specific initiatives through to 2030 that will bring us closer to the Sustainable Development Goals (SDGs) set out by the United Nations. Chief of this is carbon neutrality as we work towards reducing our carbon emissions, while also tackling other pressing issues that arise in the global fight against climate change.

ENERGY MANAGEMENT & CARBON NEUTRALITY

15% ENERGY INTENSITY REDUCTION BY 2025

We have set in place protocols and innovative solutions to meet our goal of 15% energy reduction by 2025. We are already seeing progress in our properties around the world. In Singapore and Australia, a paperless check-in system in several properties has seen up to 40 percent improvement in check-in efficiency and a 30 to 40 percent drop in paper use. Smart control units intuitively adjust lighting and air conditioning with electricity savings of 10 percent

BUILDINGS OF TOMORROW

5 STARS GRESB CERTIFICATION

We have put in place a task force of sustainability professionals to reinforce our strong commitment to integrate sustainability into our business. Chief among this is to develop green buildings as we lay out the framework to achieve five-star GRESB certification - the industry’s ultimate benchmark for sustainable real estate.

WORLD WITHOUT WASTE

90% of our properties have phased out single-use plastics

We have been an advocate of replacing single-use plastics and responsible sourcing across our global hospitality operations since 2019. We identified amenities in our apartments and bathrooms, as well as packaging in our food and beverage offerings, and sought to replace them with alternative or biodegradable materials.

WATER STEWARDSHIP

INSTALLATION OF WATER-SAVING AND WATER-RECYCLING FEATURES

In 2020, we set a target for our properties to reduce indoor water consumption by 15% compared to a standard building in the same country. A minimum water efficiency standard was adopted to support the move to minimise water consumption in all new developments. We have further committed to reduce water intensity by 20% in our Singapore properties by 2030.

DIVERSITY

HUMAN-CENTRIC PLACES, SAFE & INSPIRING SPACES

People define Frasers Hospitality’s universe. That’s why it’s non-negotiable that we provide an environment that celebrates diversity and inclusion, and ensures the health, safety and well- being of all we work with. We set out to implement our Global Procurement Supplier Guideline in 2017, and a code of conduct for our suppliers in relation to human rights, equal opportunity employment, corruption and harassment. In 2019, Frasers Hospitality and Frasers Property UK also released a Modern Slavery Act 2015: Slavery and Human Trafficking Statement, cementing our commitment to prevent human rights abuses. As a business, we have the potential to create significant positive impact - we take care of our own and while we’re at it, the rest of the community as well.

2050 SUSTAINABILITY GOALS

GROWING OUR GREEN FUTURE

Sustainability plays a big role in future-proofing our business through innovation and long-term strategic planning. In FY2020, we established five new goals that will guide Frasers Property through to 2050 as we integrate sustainability into our business operations.