Frasers Property Limited has announced its inaugural Climate and Nature Transition Plan (CNTP), outlining its strategy for transitioning towards a climate-resilient, net-zero carbon, and nature-affirming future. The CNTP is designed to support the Group's Environmental, Social and Governance $(ESG)$ goals by integrating climate and nature considerations into its operations. Key components of the plan include ambitions for carbon, climate, and nature; actions for managing related risks and opportunities; and accountability measures through governance, metrics, and targets. The plan also introduces a Climate Value at Risk platform to assess business exposure to climate risks, aiding in adaptation planning and investment decisions. The decarbonisation strategy will focus on renewable energy, energy efficiency, and reducing embodied carbon. This initiative reflects Frasers Property's commitment to sustainable value creation across markets. More information is available on their website.
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