Frasers Property UK Signs Climate Change Commitment After Joining Better Buildings Partnership

09/01/2020

For immediate release 

The Better Buildings Partnership (BBP) is delighted to announce Frasers Property UK as the latest member to join the BBP.

Frasers Property UK is part of Frasers Property, a multinational real estate company listed in Singapore with over £21bn of assets under management. The BBP’s Climate Change Commitment unites signatories in targeting carbon net zero by 2050 and commits signatories to publish their net zero pathways by the end of this year.

Frasers Property UK’s membership brings the total number of BBP members to 33, representing a significant share of UK commercial real estate owners, signalling the industry’s commitment to sustainability in the built environment and demonstrating leadership in achieving carbon reduction goals.

Ilaria del Beato, Chief Executive Officer at Frasers Property UK said, “The BBP’s mission aligns with our commitment to sustainability, a core principle for our business across all our geographies. We have set ourselves ambitious internal targets to achieve on our portfolio in the UK, and we look forward to working with the BBP and our industry peers to also achieve the targets of the Climate Change Commitment.”

To date, the Climate Change Commitment has been signed by 26 companies representing over 11,000 commercial properties globally - over £300bn AUM - and responsible for over 1.2 million tonnes of carbon emissions per annum.

Frasers Property Australia is a member of the Australian BBP chapter.