myFrasersProperty 13 38 38
myFrasersProperty 13 38 38

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.

In progress

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.

Achieved

All Retail properties to have a decarbonisation and electrification roadmap by 30.09.2025

Currently in the process of being completed.

In progress

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.

In progress - One property remaining

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.

In progress

Business to install 21 MW of renewable energy by 2030

Continuing to install renewables on our projects - target is tracked internally.

In progress

All assets base building energy use (100% data completion) to be collected and recorded in company Data platform - 30.09.2024

Completed

Achieved

All assets tenant energy use to be collected (at least 80%) and recorded in company Data platform - 30.09.2025

Completed

Achieved

All Corporate Office energy use to be collected (100% data completion) and recorded in company Data platform - 30.09.2025

Completed

Achieved

Update and transfer all data to new ESG Data platform with improved functionality by 31.12.2025

Underway

In progress

Implementing ESG QA processes during construction on Built Form developments by 30.09.2026

This has commenced but not completed

In progress

ESG Capacity Building with Development Teams working on Built Form 30.09.2026

This has commenced but not completed

In progress