Frasers Property appoints new head of sustainability

FRASERS Property has appointed Paolo Bevilacqua, former general manager of the group’s subsidiary Real Utilities, as the new group head of sustainability.

In this newly created role, Bevilacqua will deepen Frasers Property’s environmental, social and governance (ESG) agenda by working with the leadership team and with its business units.

He will also explore strategic partnerships with external stakeholders aligned with the group’s ESG ambitions, said the property company on Tuesday (Dec 6).

Bevilacqua has over two decades of experience in the real estate industry and has previously held sustainability-related senior appointments in the International Living Future Institute and Living Future Institute Australia. He also represents Frasers Property on the Property Council of Australia’s national sustainability roundtable.

“Bevilacqua has already been leading a group-wide taskforce over the last few years, so his familiarity with the group’s sustainability efforts and progress, coupled with his deep expertise in the real estate and energy sectors make him the right candidate to helm and drive our ESG efforts,” said Chia Khong Shoong, group chief corporate officer, Frasers Property.

Bevilacqua will continue to be based in Sydney, Australia, and report to Chia in Singapore.