Frasers Property Vietnam has announced that its commercial building Worc@Q2 has received Leadership in Energy and Environmental Design (LEED) Gold certification for Operations and Maintenance (O+M).

Awarded by the US Green Building Council (USGBC), the certification recognizes Worc@Q2’s strong sustainable and healthy building practices. Worc@Q2 is Frasers Property Vietnam’s first commercial building to receive LEED Gold certification under v4.1 O+M, setting a new industry benchmark and reflecting Frasers Property’s commitment towards sustainability.

“We are delighted that Worc@Q2 has been awarded LEED Gold v4.1 certification for Operations and Maintenance,” said Mr. Edwin Tan, Deputy CEO at Frasers Property Vietnam. “As a leading multinational real estate company focused on sustainability, we have a goal of green certifying the vast majority of our owned and asset-managed properties by 2024. Benchmarking our properties to international green building standards is part of how we embed sustainability across our assets’ lifecycle, which helps ensure our portfolio remains resilient and future-proof as well as aligned with the country’s net-zero carbon commitment.”

“The work of innovative building projects, such as Worc@Q2, is a fundamental driving force in transforming the way we build, design, and operate our buildings,” said Mr. Peter Templeton, President and CEO of the USGBC. “Buildings that achieve LEED certification contribute to reduced carbon emissions, lower operating costs, and conserving resources while prioritizing sustainable practices and the well-being of occupants.”

LEED is recognized as one of the world’s leading green building rating systems, serving as a global symbol of sustainability excellence. Buildings with LEED O+M certification demonstrate performance-oriented sustainable strategies and outcomes for building operations to improve energy efficiencies. Worc@Q2 LEED v4.1, the newest version of the rating system, provides an enhanced framework for green building design, construction, operations, and performance.

Worc@Q2’s LEED certification is attributable to the implementation of practical and measurable strategies and solutions for achieving high sustainability performance, including energy and water savings, waste sortation management, and enhanced indoor environment quality.

Pursuing partnerships to boost sustainability in real estate

Partnerships help accelerate action towards addressing climate issues. Worc@Q2 tenants are regularly engaged to build stronger awareness and understanding of sustainability. Green practices with regulations for green building requirements have been introduced to create a sustainable and productive workplace environment for tenants. Most tenants at Worc@Q2 are currently on green leases for the improvement of the environmental performance of the premises and the building. Additionally, the building operations team actively supports tenant fit-outs with recommendations and guidelines for better energy efficiency performance and lower carbon building materials for a greener and better working environment for occupants.

Green certification is an important aspect of Frasers Property’s net-zero carbon journey. Frasers Property Vietnam has adopted a commitment to green certify its entire portfolio across asset classes.

In July, the Eco Logistics Centre, a ready-built warehouse development managed by Frasers Property Vietnam, obtained LEED certification. Binh Duong Industrial Park, Frasers Property’s first industrial development in Vietnam, is also on track to receive LEED Certification. Additionally, its industrial and logistics expansion into northern Vietnam is aiming for a minimum certification of LEED Silver.