First Mutual Properties (FMP) says its recently completed Arundel Office Block has a 75kWh solar system, marking a significant step in its transition toward sustainable energy.
The installation is net-metered, allowing the property to feed excess power back into the national grid.
The project aligns with a broader environmental, social, and governance (ESG) strategy for the ZSE-listed developer, which is now prioritising renewable energy for all new developments and portfolio upgrades.
“We remain firmly committed to conducting our business in a way that creates long-term value while safeguarding ESG principles,” FMP’s chairman Elisha Moyo said in the group’s latest financials.
He added that sustainability is embedded in FMP’s operations through responsible property management, prudent resource utilisation and ongoing investment in asset resilience, energy efficiency and climate risk assessment.
“First Mutual Properties will continue to ensure that developments contribute positively to the broader socio-economic environment through sound governance, ethical business practices, and disciplined risk management, which are key to balancing commercial performance with social responsibility and supporting sustainable growth for all stakeholders over the long term,” Moyo said.
FMP’s strategy focuses on enhancing ESG initiatives, aligning with global standards to ensure future-proofed properties.
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