Potential offtaker

Frasers Property Industrial

www.frasersproperty.com.au

Estimated electricity consumption

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Countries of production presence

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Frasers Property Industrial is a leading real estate services company in Australia that is committed to sustainability and decarbonisation. The company operates in the industrial and logistics sector, providing a range of services including development, leasing, and property management.

Frasers Property Industrial is part of the Frasers Property Group, a global real estate company that operates in over 80 cities around the world. The company has a strong focus on sustainability and has set ambitious targets to reduce its carbon footprint and increase its use of renewable energy.

One of the key areas of focus for Frasers Property Industrial is decarbonisation. The company recognises the urgent need to reduce greenhouse gas emissions and is committed to playing its part in the transition to a low-carbon economy. To achieve this, Frasers Property Industrial has set a target to achieve net-zero carbon emissions across its global operations by 2050.

To achieve its decarbonisation goals, Frasers Property Industrial is implementing a range of measures across its operations. These include improving energy efficiency in its buildings, investing in renewable energy, and reducing the carbon intensity of its supply chain. The company is also exploring new technologies and innovations that can help to further reduce its carbon footprint.

One of the key ways that Frasers Property Industrial is investing in renewable energy is through corporate power purchase agreements (PPAs). A corporate PPA is a long-term contract between a company and a renewable energy provider, which allows the company to purchase renewable energy at a fixed price over a set period of time. This helps to reduce the company's reliance on fossil fuels and can provide cost savings over the long term.

Frasers Property Industrial has signed several corporate PPAs in recent years, which have helped to increase the amount of renewable energy in its portfolio. For example, in 2019 the company signed a 10-year PPA with a wind farm in New South Wales, which will provide enough renewable energy to power over 10,000 homes each year. This is just one example of the company's commitment to investing in renewable energy and reducing its carbon footprint.

In addition to its focus on decarbonisation and renewable energy, Frasers Property Industrial is also committed to improving corporate energy efficiency. The company has set a target to reduce energy intensity across its global operations by 30% by 2030. To achieve this, the company is implementing a range of energy efficiency measures, such as installing LED lighting, upgrading HVAC systems, and improving insulation in its buildings.

Frasers Property Industrial is also working to reduce the carbon intensity of its supply chain. The company recognises that its operations have an impact beyond its own facilities and is committed to working with suppliers to reduce emissions. This includes setting sustainability requirements for suppliers, working with them to improve energy efficiency, and encouraging the use of renewable energy.

In conclusion, Frasers Property Industrial is a leading real estate services company in Australia that is committed to sustainability and decarbonisation. The company is investing in renewable energy through corporate PPAs, improving energy efficiency in its buildings, and working to reduce the carbon intensity of its supply chain. Frasers Property Industrial is a great example of a company that is taking action to address the urgent challenge of climate change and is leading the way in the transition to a low-carbon economy.

✓ Declared Net Zero commitment