For Frasers Property Industrial, sustainability and moving towards net-zero carbon emissions sits at the core of its business.
The innovative, multinational leader in industrial and logistics property development, leasing and management was the first of its kind to mandate a 5-star Green Star rating across all of its facilities in 2017. It’s also committed to implementing environmentally responsible innovations such as solar and on-site battery storage into its property portfolio that help occupying businesses operate sustainably.
In short greener buildings mean greener businesses.
“Our approach is pragmatic, because we’re looking to create long-term value in terms of futureproofing what we do.” explains Fraser Property Industrial’s CEO Reini Otter of the company’s sustainability targets. “But on a deeper, purpose-driven level, we’re also contributing to a better future.”
That commitment to sustainable solutions has seen the company rank strongly in the 2022 global GRESB results – which assesses the ongoing ESG (environmental, social and governance) performance of real estate assets and progress towards global sustainability goals.
One example of Fraser Property Industrial’s green credentials is displayed through its collaboration with US retail giant Williams-Sonoma to deliver one of the most sustainable industrial buildings in Australia. The storage and distribution warehouse at Sydney’s Horsley Park Estate is the first to implement a net-zero carbon solution through solar power, battery storage and biodiesel back-up generation.
“This building will be able to generate and store its own electricity and reuse it when it needs to. We can see this being replicated on larger estates and that will be a game changer for the industry.”
The health of customer’s employees is also part of Fraser Property Industrial’s sustainable strategy. The new build-to-suit facilities support wellbeing through increased greenery and natural light and partnering with Healthy Heads in Trucks & Sheds to promote physical and mental health in the logistics industry.
As the company moves towards a net-zero carbon future, goals include the reduction of Scope 3 emissions (indirect emissions produced in a company’s value chain), increasing solar power generation and the rollout of the data-driven Smart Warehouse Pilot Program – which aims to improve energy consumption and environmental standards – across its portfolio.
“To be able to participate in the transformation of our industry, which benefits the people involved, and the planet, is very satisfying,” says Otter. “We want to inspire but we also want to be inspired because that’s how we’ll improve.”
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