Content

Index

The Sunway Berhad Sustainability Report 2023 has been internally reviewed by Group Internal Audit and externally assured by SIRIM QAS International Sdn Bhd, which has verified that the policies, initiatives and data disclosed here are accurate and acceptable.

F4GBM ESG Themes Page reference
ENVIRONMENTAL
Climate Change 25, 32-34, 77-80
Pollution & Resources 25, 32-40, 77-84
Water Security 35-40, 80-84
Environment Supply Chain 42-45
Social Supply Chain 42-45
SOCIAL
Labour Standards 42, 47-57, 85-90
Human Rights & Community 42, 47-57, 59-64, 85-86, 90
Health & Safety 53-57, 91
GOVERNANCE
Anti-Corruption 68-69
Corporate Governance 52, 87-90
Risk Management 65-66, 68
Bursa Malaysia Indicators
Page reference
Anti-corruption
128
Community/Society
111
Diversity
98, 99
Energy management
62
Health and safety
104 - 108
Labour practices and standards
98, 155
Supply chain management
79
Data privacy and security
129
Water
68
Waste management
76
Emissions management
48 – 51
Emissions – Air Quality/Pollution
N/A
Materials
83
Supply Chain (Environmental)/Supplier Environmental Assessment
79, 150
Supply Chain (Social)/Supplier Social Assessment
79, 150
Effluents
N/A
ESG Pillars
GRI Standard
Disclosure Number
Standards Disclosure
Page Reference and reasons for omissions, if applicable
GENERAL DISCLOSURES
GRI 2: General Disclosures 2021
The organisation and its reporting practices
2-1
Organisational details
2 – 3
2-2
Entities included in the organisation’s sustainability reporting
3
2-3
Reporting period, frequency and contact point
1
2-4
Restatements of information
137,162
2-5
External assurance
1, 174 – 175
Activities and workers
2-6
Activities, value chain and other business relationships
2 – 3, 79
2-7
Employees
93 – 109 , 151 – 160
2-8
Workers who are not employees
102 – 109, 159
Governance
2-9
Governance structure and composition
19
2-10
Nomination and selection of the highest governance body
Please refer to Sunway Berhad's IAR2023
2-11
Chair of the highest governance body Please
Please refer to Sunway Berhad's IAR2023
2-12
Role of the highest governance body in overseeing the management of impacts
19
2-13
Delegation of responsibility for managing impacts
19
2-14
Role of the highest governance body in sustainability reporting
19
2-15
Conflicts of interest
Please refer to Sunway Berhad's IAR2023
2-16
Communication of critical concerns
79, 93
2-17
Collective knowledge of the highest governance body
19
2-18
Evaluation of the performance of the highest governance body
19
2-19
Remuneration policies
129
2-20
Process to determine remuneration
Please refer to Sunway Berhad's IAR2023
2-21
Annual total compensation ratio
99
Strategy, policies and practices
2-22
Statement on sustainable development strategy
4 – 17, 20 – 21, 35 – 39
2-23
Policy commitments
129
2-24
Embedding policy commitments
128 – 129
2-25
Processes to remediate negative impacts
93
2-26
Mechanisms for seeking advice and raising concerns
93
2-27
Compliance with laws and regulations
128 – 129
2-28
Membership associations
163 – 165
Stakeholder engagement
2-29
Approach to stakeholder engagement
25 – 34
2-30
Collective bargaining agreements
94
MATERIAL TOPICS
GRI 3: Material Topics 2021
3-1
Process to determine material topics
22 – 24
3-2
List of material topics
22 – 24
ECONOMIC
Company economic performance
GRI 3: Material Topics 2021
3-3
Management of material topics
125
GRI 201: Economic Performance
201-1
Direct economic value generated and distributed
125
201-2
Financial implications and others risk and opportunities due
43 – 46
201-3
Defined benefit plan obligations and other retirement plans
N/A
201-4
Financial assistance received from government
N/A
Macroeconomic issues
GRI 3: Material Topics 2021
3-3
Management of material topics
125
GRI 202: Market Presence 2016
202-1
Ratios of standard entry level wage by gender compared to local minimum wage
Not disclosed due to confidentiality constraints.
202-2
Proportion of senior management hired from the local community
99
GRI 203: Indirect Economic Impacts 2016
203-1
Infrastructure investments and services supported
2, 52 – 53, 56 – 59, 111 – 123, 125
203-2
Significant indirect economic impacts
52 – 53, 56 – 59, 111 – 123, 125
Responsible and sustainable financing
GRI 3: Material Topics 2021
3-3
Management of material topics
126 – 127
Capital allocation strategy (Build-Own-Operate business model)
GRI 3: Material Topics 2021
3-3
Management of material topics
28
Brand and reputation
GRI 3: Material Topics 2021
3-3
Management of material topics
28
ENVIRONMENTAL
Climate action
GRI 3: Material Topics 2021
3-3
Management of material topics
41, 56, 61
GRI 302: Energy 2016
302-1
Energy consumption within the organization
61 – 63, 140 – 143
302-2
Energy consumption outside of the organization
61 – 63, 140 – 143
302-3
Energy intensity
50, 63
302-4
Reduction of energy consumption
61 – 63
302-5
Reductions in energy requirements of products and services
61 – 63
GRI 305: Emissions 2016
305-1
Direct (Scope 1) GHG emissions
48 – 51, 137 – 139
305-2
Energy indirect (Scope 2) GHG emissions
48 – 51, 137 – 139
305-3
Other indirect (Scope 3) GHG emissions
48 – 51, 137 – 139
305-4
GHG emissions intensity
48 – 51, 137 – 139
305-5
Reduction of GHG emissions
48 – 51, 137 – 139
305-6
Emissions of ozone-depleting substances (ODS)
137 – 139
305-7
Nitrogen oxides (NOx), sulfur oxides (SOx), and other significant air emissions
148 – 149
Protection of biodiversity and ecology
GRI 3: Material Topics 2021
3 - 3
Management of material topics
56
GRI 304: Biodiversity 2016
304-1
Operational sites owned, leased, managed in, or adjacent to protected areas and areas of high biodiversity value outside
52 – 59
304- 2
Significant impacts of activities, products, and services
52 – 59
304-3
Habitats protected or restored
52 – 55
304-4
IUCN Red List species and national conservation list species with habitats in areas affected by operations
N/A
Pollution management
GRI 3: Material Topics 2021
3 - 3
Management of material topics
70
GRI 303: Water and Effluents 2018
303-1
Interactions with water as a shared resource
64 – 69
303-2
Management of water discharge-related impacts
65, 77, 148
303-3
Water withdrawal
64 – 69
303-4
Water discharge
65, 77, 148
303-5
Water consumption
64 – 69
GRI 306: Waste 2020
306-1
Waste generation and significant waste-related impacts
70 – 76
306-2
Management of significant waste-related impacts
70 – 76
306-3
Waste generated
70 – 76, 145 – 147
306-4
Waste diverted from disposal
70 – 76, 145 – 147
306-5
Waste directed to disposal
70 – 76, 145 – 147
SOCIAL
Employee well-being
GRI 3: Material Topics 2021
3-3
Management of material topics
93, 102
GRI 403: Occupational Health and Safety 2018
403-1
Occupational health and safety management system
102
403-2
Hazard identification, risk assessment, and incident investigation
106 –107
403-3
Occupational health services
107
403-4
Worker participation, consultation, and communication on occupational health and safety
103 – 104
403-5
Worker training on occupational health and safety
104
403-6
Promotion of worker health
106 – 108
403-7
Prevention and mitigation of occupational health and safety impacts directly linked by business relationships
106 –108
403-8
Workers covered by an occupational health and safety management system
105
403-9
Work-related injuries
108, 159
403-10
Work-related ill health
108, 159
GRI 404: Training and Education 2016
404-1
Average hours of training per year per employee
98, 157 –158
404-2
Programs for upgrading employee skills and transition assistance programs
97 –98
404-3
Percentage of employees receiving regular performance and career development reviews
98, 158
Human Rights
GRI 3: Material Topics 2021
3-3
Management of material topics
93
GRI 401: Employment 2016
401-1
New employee hires and employee turnover
99, 153 –156
401-2
Benefits provided to full-time employees that are not provided to temporary or part-time employees
94 – 95
401-3
Parental leave
95, 158
GRI 402: Labour/ Management Relations 2016
402-1
Minimum notice periods regarding operational changes
94
GRI 405: Diversity and Equal Opportunity 2016
405-1
Diversity of governance bodies and employees
99, 151, 153 – 156
405-2
Ratio of basic salary and remuneration of women to men
156
GRI 406: Non-discrimination 2016
406-1
Incidents of discrimination and corrective actions taken
99, 128
GRI 407: Freedom of Association and Collective Bargaining 2016
407-1
Operations and suppliers in which the right to freedom of association and collective bargaining may be at risk
93 – 94
GRI 408: Child Labour 2016
408-1
Operations and suppliers at significant risk for incidents of child labour
93
GRI 409: Forced or Compulsory Labour 2016
409-1
Operations and suppliers at significant risk for incidents of forced or compulsory labour
93
GRI 410: Security Practices 2016
410-1
Security personnel trained in human rights policies or procedures
93
GRI 411: Rights of Indigenous People 2016
411-1
Incidents of violations involving rights of indigenous peoples
93
GRI 416: Customer Health and Safety 2016
416-1
Assessment of the health and safety impacts of product and service categories
88
416-2
Incidents of non-compliance concerning the health and safety impacts of products and services
2 – 3
Community Investment
GRI 3: Material Topics 2021
3-3
Management of material topics
111
GRI 413: Local Communities 2016
413-1
Operations with local community engagement, impact assessments, and development programs
111 – 123
413-2
Operations with significant actual and potential negative impacts on local communities
111 – 123
Value Chain Improvement
GRI 3: Material Topics 2021
3-3
Management of material topics
79, 88
GRI 204: Procurement Practices 2016
204-1
Proportion of spending on local suppliers
79, 136, 150
GRI 301: Materials 2016
301-1
Materials used by weight or volume
83, 150
301-2
Recycled input materials used
82
301-3
Reclaimed products and their packaging materials
82
GRI 308: Supplier Environmental Assessment
308-1
New suppliers that were screened using environmental criteria
79, 136, 150
308-2
Negative environmental impacts in the supply chain and actions taken
79, 136, 150
GRI 417: Marketing and Labelling 2016
417-1
Requirements for product and service information and labeling
88
417-2
Incidents of non-compliance concerning product and service information and labeling
88
417-3
Incidents of non-compliance concerning marketing communications
88
GRI 418: Customer Privacy
418-1
Substantiated complaints concerning breaches of customer privacy and losses of customer data
129
GOVERNANCE
Group standards and operating procedure
GRI 3: Material Topics 2021
3-3
Management of material topics
128
GRI 205: Anti – corruption 2016
205-1
Operations assessed for risks related to corruption
128 – 129
205-2
Communication and training about anti-corruption policies and procedures
128 – 129
205-3
Confirmed incidents of corruption and actions taken
128 – 129
GRI 206: Anti – competitive Behavior 2016
206-1
Legal actions for anti-competitive behavior, anti-trust, and monopoly practices
128 – 129
GRI 419: Socioeconomic Compliance 2016
419-1
Non-compliance with laws and regulations in the social and economic area
105
Innovation and technology
GRI 3: Material Topics 2021
3-3
Management of material topics
129
F4GBM ESG Themes Page reference
ENVIRONMENTAL
Climate Change 25, 32-34, 77-80
Pollution & Resources 25, 32-40, 77-84
Water Security 35-40, 80-84
Environment Supply Chain 42-45
Social Supply Chain 42-45
SOCIAL
Labour Standards 42, 47-57, 85-90
Human Rights & Community 42, 47-57, 59-64, 85-86, 90
Health & Safety 53-57, 91
GOVERNANCE
Anti-Corruption 68-69
Corporate Governance 52, 87-90
Risk Management 65-66, 68
F4GBM ESG Themes
Page reference
ENVIRONMENTAL
Biodiversity ​
52 – 59
Climate Change ​
48 – 51, 61 – 63
Environment Supply Chain
79, 83
Pollution & Resources
48 – 51, 64 – 69, 70 – 77
Water Security
64 – 69, 70 – 77
SOCIAL
Labour Standards
97 – 98
Health & Safety 
102 – 108
Human Rights & Community
93 – 94
Social Supply Chain
79, 150
GOVERNANCE
Anti - Corruption 
128 – 129
Corporate Governance 
99, 128
Risk Management
88
United Nations Sustainable Development Goals Page reference
Goal 1 No poverty 111 – 123
Goal 2 Zero hunger 111 – 123
Goal 3 Good health and well-being 93 – 109, 111 – 123 
Goal 4 Quality education 93 – 109
Goal 5 Gender equality 93 – 109
Goal 6 Clean water and sanitation 41 – 77
Goal 7 Affordable and clean energy 41 – 77
Goal 8 Decent work and economic growth 93 – 109
Goal 9 Industry, innovation and infrastructure 41 – 77
Goal 10 Reduced inequalities 93 – 109, 111 – 123 
Goal 11 Sustainable cities and communities 41 – 77, 79 – 91 
Goal 12 Responsible consumption and production 41 – 77, 79 – 91 
Goal 13 Climate action 41 – 77, 79 – 91 
Goal 14 Life below water 41 – 77
Goal 15 Life on land 41 – 77
Goal 16 Peace, justice and strong institutions 93 – 109, 125 – 131
Goal 17 Partnerships for the goals 41 – 77, 79 – 91, 93 – 109, 111 – 123, 125 – 131
Topic SASB Code Accounting-Metric Page Reference
Energy Management IF-RE- 130a.1 Energy consumption data coverage as a percentage of total floor area, by property sector 61 – 63, 140 – 143
IF-RE- 130a.2
  1. Total energy consumed by portfolio area with data coverage
  2. Percentage grid electricity
  3. Percentage renewable, by property subsector
61 – 63, 140 – 143
IF-RE- 130a.3 Like-for-like percentage change in energy consumption for the portfolio area with data coverage, by property subsector 50, 63
IF-RE- 130a.4 Percentage of eligible portfolio that (1) has an energy rating and (2) is certified to ENERGY STAR, by property sector 61 – 63, 140 – 143
IF-RE- 130a.5 Description of how building energy management considerations are integrated into property investment analysis and operational strategy 61 – 63
Water Management IF-RE- 140a.1 Water withdrawal data coverage as a percentage of (1) total floor area and (2) floor area in regions with High or Extremely High Baseline Water Stress, by property sector 65, 77, 148
IF-RE- 140a.2
  1. Total water withdrawn by portfolio area with data coverage
  2. Percentage in regions with High or Extremely High Baseline Water Stress, by property subsector
65, 77, 148
IF-RE- 140a.3 Like-for-like percentage change in water withdrawn for portfolio area with data coverage, by property subsector 65, 77, 148
IF-RE- 140a.4 Description of water management risks and discussion of strategies and practices to mitigate those risks 64 – 69 
Climate Change Adaptation IF-RE-450a.1 Area of properties located in 100-year flood zones, by property sector 48 – 51, 137 – 139
IF-RE-450a.2 Description of climate change risk exposure analysis, degree of systematic portfolio exposure, and strategies for mitigating risks 48 – 51, 137 – 139
Management of Tenant Sustainability Impacts IF-RE-410a.1 (1) Percentage of new leases that contain a cost recovery clause for resource efficiency-related capital improvements and (2) associated leased floor area, by property sector 79, 88
IF-RE-410a.2 Percentage of tenants that are separately metered or submetered for (1) grid electricity consumption and (2) water withdrawals, by property sector 79, 88
IF-RE-410a.3 Discussion of approach to measuring, incentivising and improving sustainability impacts of tenants 79, 88
United Nations Global Compact
Page Reference
HUMAN RIGHTS 
Principle 1
Businesses should support and respect the protection of internationally proclaimed human rights​
4 – 17, 20 – 21, 35 – 39, 93 – 94, 128 – 129
Principle 2
Make sure that they are not complicit in human rights abuses
4 – 17, 20 – 21, 35 – 39, 93 – 94, 128 – 129
LABOUR
Principle 3
Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining​
25 – 34 , 93 – 94
Principle 4
The elimination of all forms of forced and compulsory labour​
61, 67 – 68, 93 – 94
Principle 5
The effective abolition of child labour​
61, 67 – 68, 93 – 94
Principle 6
The elimination of discrimination in respect of employment and occupation
2 – 3, 61, 67 – 68, 93 – 94
ENVIRONMENT
Principle 7
Businesses should support a precautionary approach to environmental challenges​
48 – 51, 52-59, 61 – 69, 79,82 – 83
Principle 8
Undertake initiatives to promote greater environmental responsibility​
48 – 51, 52 – 59, 61 – 69, 79, 82 – 83
Principle 9 
Encourage the development and diffusion of environmentally friendly technologies
48 – 51, 52 – 59, 61 – 69, 79, 82 – 83
Principle10
Businesses should work against corruption in all its forms, including extortion and bribery​
4 – 17, 20 – 21, 35 – 39, 128 – 129