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Our sustainability strategy drives our progress towards our five Sustainability Goals and Targets for 2030. It outlines our approach to achieving our objectives through business practices that balance social and environmental responsibility with long-term economic performance. Refreshed in 2024, our sustainability strategy enables us to meet stakeholder needs and contribute to a more sustainable and just future.
We stay true to our vision and mission, undeterred by evolving challenges. Our commitment to sustainability and our ability to adapt to change through technology and innovation are key to unlocking exciting new opportunities.
Sunway City Kuala Lumpur (SCKL) was certified as Malaysia’s first fully integrated green township by Green Building Index (GBI) Malaysia
Published Sunway Berhad's inaugural sustainability report, aligned with: • Bursa Malaysia (Sustainability Reporting Guide) • Global Reporting Initiative Constituent of the: • FTSE4Good Bursa Malaysia Index
SCKL was recognised as the first Low Carbon City by the Malaysian Institute of Planners. Aligned with: • Sustainable Development Goals
Group Sustainability Department was established, which initiated the consolidation of Group-wide ESG information for disclosure. A water treatment plant was constructed in Sunway South Quay to supply commercial buildings in SCKL. Published: • Sustainability Policy
Established the 2030 Sustainability Goals and Targets.
Established the Board Sustainability Committee and Management Sustainability Committee to advance the Group’s sustainability leadership. Further enhanced Sunway Berhad Sustainability Report by aligning it with: • Integrated Reporting • Task Force on Climate-Related Financial Disclosures • Sustainability Accounting Standards Board • World Economic Forum
• Aligned with the Malaysian Code on Corporate Governance (MCCG) • Pledged to achieve Net Zero Carbon Emissions by 2050. • Established Malaysia’s first Internal Carbon Pricing framework.
• Aligned with Bursa Malaysia’s sustainability reporting requirements. • Spearheaded the country’s first Green Lease Partnership programme for tenants and hotel lessees through Sunway REIT. • Launched the United Nations Sustainable Development Solutions Network (SDSN) Asia Headquarters in SCKL.
Early Adopters of: • The Taskforce on Nature-related Financial Disclosures • Simplified ESG Disclosure Guide Introduced Internal Carbon Pricing incentives for renewable energy and waste diversion Established an embodied carbon emissions roadmap for the Building Materials and Quarry business divisions
• Aligned with International Financial Reporting Standards (IFRS) S1 & S2. • Disbursed >RM322,000 of incentives under the Internal Carbon Pricing framework for renewable energy and waste diversion. • Adopted a Double Materiality Assessment to assess risks and opportunities from financial and non-financial impact.
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