Sime Darby Property

Water Management
Project

Overview

The Water Management Project is a company wide sustainability initiative started in 2016, focusing on water consumption and reduction opportunities. Presently, the project tracks metered potable water used (mostly), while non-potable water is tracked but is not a part of the overall intensity calculations at present. However, it does account for about 10-15% of total water used (in 2019 - 87,776m3 of 674,951m3). The 2016 Preliminary Representative Baseline is being reviewed in 2020 and if needed, will be restated now that 4 years of data have been gathered.

Objective

To track Sime Darby Property’s water consumption and optimise use to reduce our impact on the environment and ecosystems.

Rationale

Optimising environmental performance resulting from our business activities, in the context of climate change, is becoming more critical year by year. We are aware of the potential risks from a changing environment, including potential exposure to related extreme weather events. There is a need to inculcate further resilience in our business value chain and product. By extension, we understand that conserving water also protects other water-reliant lifeforms. Our program outlined above implies that our focus is on water quantity and on the ESH page, environmental compliance. However, we are also interested in water quality, the necessary needs of ecosystems and the interconnected nature of the hydrological cycle, hence our investment in matters such as creating wetlands. In this vein, we have engaged an international environmental NGO related to wetlands conservation to co-create a constructed wetlands and maintenance guideline. This extends to implementing its application in new and future green spaces and flood mitigation assets. Furthermore, we also encourage and track water savings features/fittings in all our townships and integrated developments (WEPL/WELPS certified).
Supporting UN-SDG 11, 12, 13, 14 and 15.

Status/Coverage

All segments owned or controlled by Property Development, Investment Management and Hospitality & Leisure.

Short-term Target
(FY2020)

To review and reset baseline for water intensity (if required).

Mid-term Target
(FY2024)

To achieve at least 9% water intensity reduction.

Long-term Target
(FY2030)

To achieve at least 30% water intensity reduction.

Results

In 2019, 2.26% water intensity reduction from Preliminary Representative 2016 Baseline

Initiatives

Eco-efficiency audit, regular engagement and briefings.
Accountability through embedding annual reduction targets within the company scorecard KPI as a key component of the staff performance management system.
Long-term targets embedded into SDP 2030 Sustainability Goals.

Reference to other source documents

Water Management Guideline (pdf)
Eco-Efficiency Audit Info Deck (pdf)