Goal 1

TRANSFORMING OUR PORTFOLIOS TO LOW-CARBON SUSTAINABLE CITIES

Sunway is committed to adapting to climate change and transforming its townships to low-carbon cities to build a sustainable future for all. Leveraging technology and innovation, the Group aims to develop smart and sustainable cities that are compact, digitalised and transit-oriented, with minimised resources to connect communities together.

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net zero carbon emissions roadmap, 2050, achieving targets, accelerating decarbonisation, strategic framework, implementation, resource management, pollution management, storage and capture, investment large-scale renewable energy, residual emissions

SUNWAY’S NET ZERO CARBON EMISSIONS BY 2050 ROADMAP

On track towards achieving 2030 targets

We have set future value goals and 2030 targets to transform our portfolios to low-carbon sustainable cities.

Strategic Framework:

Accelerating decarbonisation

From now until 2030, Sunway’s focus is on reducing residual emissions by improving efficiency and using energy substitution. In 2021, we established an Internal Carbon Pricing framework to start preparing for the potential transition risks from climate-related issues at RM15 per tonne of CO2e emitted above a threshold level. This is a mechanism/decision-making tool that can help our business divisions to understand their exposure to external carbon pricing schemes, guide their decisions and investments and put a value on their greenhouse gas (GHG) emissions in a way that drives positive change in their business.

 

We target for our managed and industrial properties to reduce their emissions per tonne of production by 4% and 3.5%, respectively, per year by 2030 using 2022 as a base year.

Implementation:

By 2030, we
will reduce
our residual
emissions by

0%

Getting to net zero

To get to net zero carbon emissions

by 2050, we plan to focus on carbon

offset technology.

Implementation:

By 2050, we

target to reach

NET
ZERO

Global temperature is estimated to reach between 4.0°C and 5.0°C without any mitigation efforts.

Global warming is limited to 1.5°C with mitigation efforts, in line with the Paris Agreement goal.

2021

2022

2030

2050

CO2e emission inventory in 2021

0

tonnes

CO2e avoided

0

tonnes

CO2e emitted

Carbon sequestrated from 81,839 trees planted in Sunway townships

- 0

tonnes of CO2e emissions

scope 1, direct emissions, scope 2 indirect emissions, scope 3, company vehicles, company facilities, purchased electricity, renewable energy, purchased goods and services, waste diverted, waste disposed, business travel, downstream leased assests

Green Initiatives

Green Buildings

Sunway is committed to ensuring all new townships and buildings completed from 2025 onwards are green-certified.

Green Lease

In 2022, we will be inviting our tenants to participate in our green lease programme, which aims to encourage our tenants to reduce their environmental footprint and promote responsible resource management.

Ecology & Biodiversity

We are committed to preserving the biodiversity and natural ecosystems surrounding the areas we operate in to minimise both health and environmental risks to local communities.

Environmental Data

Efficient energy management and shifting from fossil fuel to renewable energy play a key role in reducing the Group’s GHG emissions. Sunway’s environmental stewardship remains guided by the Group Sustainability Policy, which underscores the Group’s commitment to aligning its goals and targets with the UN SDGs.

Purchased Electricity

0 MWh

Solar Energy

0 MWh

Liquefied Petroleum Gas (LPG)

0 MWh

Diesel

0 MWh

Light Fuel Oil (LFO)

0 MWh

Hydraulic Oil

0 MWh

Note:
Figures stated are for the year 2021

Water is one of the most important natural resources for our business operations. We continue to invest in  technology and innovation to reduce water wastage and preserve this precious natural resource.

Municipal Potable Water

0 m3

Water Treatment Plant

0 m3

Rainwater Harvesting

0 m3

Groundwater

0 m3

Lakewater

0 m3

Note:
Figures stated are for the year 2021

Efficient waste management continues to be a key area in our environmental management. We remain guided by a waste management hierarchy and strongly believe in waste prevention where possible, as we strive to reduce our waste to landfills from across our operations.

Disposed Waste

0 tonnes

Diverted Waste

0 tonnes

Waste Management Hierarchy

PREVENTION     Most Preferred

REDUCTION

REUSE

RECYCLING

RECOVERY

DISPOSAL    Least Preferred

Note:
Figures stated are for the year 2021

Disposed Waste

0 tonnes

Diverted Waste

0 tonnes

PREVENTION

We prioritise waste prevention whenever possible in all our operations. Our aim is to optimise our resources and share our knowledge with the local communities in which we operate to reduce waste generation and GHG emissions.

REDUCTION

We strive to reduce our waste generation through various waste reduction initiatives. At Sunway Malls, Sunway Lagoon Theme Park and Sunway Pyramid Shopping Mall, the use of biodegradable plastics, metal straws and bamboo utensils is encouraged, while their staff are urged to bring their own containers to purchase food and drinks.

REUSE

Our business divisions try to reduce waste by reusing their materials and resources whenever possible. For instance, our offices reuse their festive season decorative items while Sunway Malls exchange decorative items with each other.

RECYCLING

Recycling is practised within all our premises, where recyclable items such as paper, cardboard boxes, plastic, bottles and cans are collected by recycling vendors. We always advocate the segregation of waste among our retail and office tenants, as well as shoppers, by providing waste segregation bins.

RECOVERY

When it comes to waste that is not recyclable or reusable, we apply the recovery method and turn it into something useful. Recovery means using waste to create valuable products. Six of our hotels have been selling used cooking oil to waste energy company, FatHopes Energy, which processes the oil into biodiesel.

DISPOSAL

We dispose of all waste that is not recyclable or reusable in compliance with local laws and regulations. This means segregating scheduled waste, including clinical waste, from general waste. We ensure that our hazardous waste is managed by appointed and licensed vendors, who dispose of the waste in places designated by the regulators.