SINGAPORE (EDGEPROP) - Frasers Property has named Paolo Bevilacqua as its group head of sustainability. Prior to stepping into this newly-created role, he served as general manager of Real Utilities, an energy and utilities firm wholly owned by Frasers Property Australia. Before that, he was the general manager for sustainability at Frasers Property Australia. He has been with the group since 2011.

Bevilacqua will continue to be based in Sydney, Australia, reporting to group chief corporate officer Chia Khong Shoong in Singapore. In his new role, he will deepen Frasers Property’s environmental, social and governance (ESG) agenda, working closely with the leadership team and with its business units, as well as exploring strategic partnerships with external stakeholders aligned with the group’s ESG ambitions.

Bevilacqua’s appointment and the creation of the group head of sustainability role marks an “opportune time” for Frasers Property to elevate its focus with regards to ESG considerations, says Chia in a Dec 6 press release. “Paolo 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,” he adds.