Frasers Logistics & Commercial (FLCT) is a Singapore-based real estate investment trust (REIT) that specializes in the acquisition and management of industrial and commercial properties. The company has a diverse portfolio of assets, including logistics facilities, warehouses, business parks, and industrial parks, which are located across Australia, Europe, and Asia.

FLCT's primary focus is on the development and management of high-quality properties that meet the needs of its tenants, which include some of the world's leading companies in the logistics, e-commerce, and manufacturing sectors. The company's properties are designed to provide flexible and efficient spaces that can be customized to meet the specific needs of its tenants, while also offering advanced technology and infrastructure to support their operations.

FLCT is committed to sustainability and decarbonization, and has implemented a number of initiatives to reduce its carbon footprint and promote renewable energy. The company has set a target to reduce its carbon emissions intensity by 30% by 2030, and has implemented a range of measures to achieve this goal.

One of the key initiatives that FLCT has implemented is the use of corporate power purchase agreements (PPAs) to source renewable energy. PPAs are long-term contracts between a company and a renewable energy provider, which guarantee a fixed price for the electricity generated by the provider. By using PPAs, FLCT is able to secure a stable and predictable source of renewable energy, while also reducing its exposure to volatile energy prices.

FLCT has signed several corporate PPAs in recent years, including a 10-year agreement with a wind farm in New South Wales, Australia, which will provide the company with 50% of its energy needs for its Australian portfolio. The company has also signed a 20-year agreement with a solar farm in Western Australia, which will provide 100% of the energy needs for its Perth properties.

In addition to its use of corporate PPAs, FLCT has also implemented a range of other initiatives to promote renewable energy and reduce its carbon footprint. The company has installed solar panels on several of its properties, which provide a source of renewable energy and help to reduce its reliance on grid electricity. FLCT has also implemented energy efficiency measures across its portfolio, including the use of LED lighting, energy-efficient HVAC systems, and smart building management systems.

FLCT is committed to sustainability and decarbonization, and has set ambitious targets to reduce its carbon footprint and promote renewable energy. The company's use of corporate PPAs and other initiatives demonstrate its commitment to sustainability, and its willingness to take a leadership role in the transition to a low-carbon economy. As the demand for sustainable and energy-efficient properties continues to grow, FLCT is well-positioned to capitalize on this trend and deliver long-term value for its investors.