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Frasers Property

Better Buildings Partnership - 251

    NEWS BETTER BUILDINGS PARTNERSHIP

    Frasers Property is a foundation member of the City of Sydney's Better Buildings Partnership, launched today.

    Frasers Property Australia’s CEO Guy Pahor today joined 13 major corporations in signing an historic agreement with the City of Sydney to cut carbon emissions and improve the sustainability of buildings in the nation’s largest CBD.

    The Sydney Better Buildings Partnership (BBP) is an alliance of the City of Sydney and 14 major organisations, which collectively own nearly 60 per cent of Sydney’s CBD office space. The initiative seeks to encourage companies to work toward the city’s 2030 Sustainable Sydney plan.

    Lord Mayor Clover Moore MP said it’s the first time major property owners in Australia have come together to develop energy, water and waste systems to improve environmental performance precinct-wide.

    “Sydney is the most power hungry geographical area in the country and buildings produce nearly a quarter of Australia’s greenhouse gas emissions, so buildings that use less energy and water and produce less waste will help in the fight against climate change,” the Lord Mayor said.

    Foundation members today signed a memorandum of understanding with the City of Sydney to reduce carbon emissions from their buildings, helping the City cut 70% of carbon emissions by 2030 (on 2006 levels).

    The 14 founding member organisations include Frasers Property, AMP Capital Investors, Brookfield Office Properties Australia, Charter Hall, Colonial First State Property Global Asset Management, DEXUS, GPT Group, Investa Property Group, Lend Lease, Mirvac, Stockland, the University of Sydney, the University of Technology Sydney and the City of Sydney.

    Frasers will deliver on this commitment to sustainable design at Central Park, an entire precinct designed from the ground up with Sydney's future in mind.

    For more on the Better Buildings Partnership, visit www.sydneybetterbuildings.com.au

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