We define our stakeholders as groups whom our business has a significant impact on and those with a vested interest in our operations. We believe that actively engaging and working in partnership with our stakeholders is crucial to addressing sustainability concerns.
We value our customers and strive to serve with the best of our abilities and resources to provide them quality products and services.
We prioritise the welfare of our employees, believing that they act as enablers of the transformation we want to achieve within the organisation, in the communities we build, own, manage and serve.
We work closely with the government, such as the Department of Occupational Safety and Health (DOSH), and industry affiliates to achieve the best outcomes in sustainable development and nation-building efforts.
We invest in the communities in which we operate and aim to create long-term value to enrich their livelihoods.
We maintain prudent risk management and maximise our shareholders’ returns on top of ensuring transparency through fair reporting and timely communication.
We ensure our suppliers adhere to our Sustainable Procurement Policy and Supplier Code of Conduct, which emphasise environmental protection and social ethics.
Materiality assessments are integral to Sunway’s value creation journey, enabling us to identify and assess key risks and opportunities to ensure sustainable growth. They help us further engage with our stakeholders and improve our understanding on ESG issues that are most important to the Group and all our stakeholders.
Process of Sunway’s Materiality Assessment:
Identification of objectives and scope
Identification and categorisation of material issues
Stakeholders engagement through online surveys and focus group discussions
Prioritisation of material issues
Validation to ensure alignment with industry peers locally, regionally and globally
Endorsement by Board Sustainability Committee (BSC)
This report is prepared in accordance with the Global Reporting Initiative (GRI) Standards. We engaged an external assurance provider to verify the report’s accuracy and reliability of data, initiatives and policies, and to provide an independent assurance statement.
Feedback from our stakeholders is vital for us to continually improve our reporting and sustainability practices. We welcome your views, comments or feedback, which may be directed to sustainability@sunway.com.my.
