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Sustainability Framework

Our ESG journey is guided by our Sustainability Framework below. We have set ambitions and imperatives under each dimension of ESG. We have also identified 18 key material matters that are pertinent to address in order to drive excellence in our ESG performance. Out of 18 of these matters, 9 key material matters for the core focus area for sustainability in the Group. Our framework is also aligned to 11 of the 18 UN SDGs. We strive to deliver strategies that will take us towards a leadership position in the real estate sector.

The key 9 material matters are: Climate Adaptation, Community Experience, Water Management, Occupational Health and Safety, Energy & Carbon Management, Responsible Supply Chain Management, Circularity, Innovation, Urban Biodiversity. We are committed to be a 1.5°C aligned company, with a strong social ambition to leave a positive impact on communities and our employees. Underpinning these two pillars, is our steadfast commitment to good governance and maintain transparent disclosures according to regulatory needs.

Our Purpose:

To be a Value Multiplier for people, businesses, economies and planet

Our Vision:

Advancing real estate as a force for collective progress, in harmony with the planet’s resources

Ambition
Imperatives

ENVIRONMENT

Commitment to a 1.5 degree Celcius aligned company that respects and protects nature

COMMUNITY

Leave a net positive impact on the social and economic well-being of communities and employees

GOVERNANCE

Comply and lead in 100% disclosure as per regulatory guidelines

ENVIRONMENT

  • Championing energy transition and low carbon in real estate
  • Enhancing urban biodiversity

COMMUNITY

  • Building climate adaptive communities
  • Creating positive community experiences

GOVERNANCE

  • Establishing and maintaining policies and guidelines. Ensuring consistent reporting and disclosure

ENVIRONMENT

Commitment to a 1.5 degree Celcius aligned company that respects and protects nature

  • Championing energy transition and low carbon in real estate
  • Enhancing urban biodiversity

COMMUNITY

Leave a net positive impact on the social and economic well-being of communities and employees

  • Building climate adaptive communities
  • Creating positive community experiences

GOVERNANCE

Comply and lead in 100% disclosure as per regulatory guidelines

  • Establishing and maintaining policies and guidelines. Ensuring consistent reporting and disclosure
Material
Issues

ECONOMIC

  • Innovation
  • Property Development
  • Investment and Asset Management
  • Land Bank Management

ENVIRONMENT

  • Climate Adaptation
  • Energy & Carbon Management
  • Urban Biodiversity
  • Water Management
  • Circularity

SOCIAL

  • Community Experience
  • Occupational Health and Safety
  • Responsible Supply Chain Management
  • Marketing and Communication
  • Corporate Social Responsibility
  • Talent Management and Training Development
  • Diversity and Inclusion

GOVERNANCE

  • Corporate Governance and Compliance
  • Data Privacy & Cybersecurity
UN SDGs

Activating Our Sustainability Agenda Our 4 Key Imperatives

In June 2022, we launched a brand-new Purpose, which sets the course for Sime Darby Property to be a Value Multiplier for people, businesses, economies and the planet. We also introduced our revised Vision, Mission and Values statements, highlighting our deep commitment as a ‘Force for Good’.

These new statements help provide a clearer and more constructive guide towards our approach in sustainability through these four imperatives.

Championing Energy Transition
and Low Carbon in Real Estate >

Enhancing
Urban Biodiversity >

Creating Positive
Community Experience >

Building Climate
Adaptive Communities >

Material Matters

In 2023, we embarked on a double materiality assessment to enhance our analytical capabilities regarding our company’s activities related to the environment, social responsibility and ethical considerations. The principle of double materiality allows us to elevate our sustainability reporting to a more comprehensive level.

We drive our business competitiveness, enhance customer experiences and improve work efficiency through technology and digitalisation.
We manage our greenhouse gas emissions by reporting across various scopes, setting reduction targets and initiating strategies such as improving energy efficiency and adopting renewable energy sources, including rooftop solar PV panels.
We strive to minimise the impact of our urban development on biodiversity and mitigate these impacts through conservation and regeneration efforts. By incorporating several initiatives, we aim to enhance urban biodiversity and their ecosystem services.
We embed circular principles throughout our value chain by designing for recycling, procuring recycled materials, sustaining low-waste construction processes and managing waste to minimise landfill contributions.
We optimise water usage by incorporating water considerations into our designs, reducing water intensity, ensuring proper treatment and providing adequate access to water for our employees, contractors and tenants.
We assess and mitigate risks from the physical impacts of climate change (e.g., floods, sea-level rise) in our project design, development and management.
We commit to providing a safe and healthy work environment by adhering to health and safety laws, regulations and standards to prevent job-related injuries and aim for zero fatalities.
We foster positive community engagement by collecting and addressing feedback, ensuring adequate infrastructure and employment opportunities and prioritising the health and safety of our tenants.
We champion diversity, equity and inclusion as core aspects of our corporate identity, embracing talents of different ages and ethnicities to enrich perspectives and contribute to our success.
We uphold high labour standards and practices, ensuring the fair treatment and well-being of all our employees.
We ensure our supply chain partners advance on ESG imperatives, including reducing GHG emissions and upholding human rights throughout the procurement process.
We adopt a zero-tolerance policy towards bribery and corruption in all our business dealings, mitigating risks through promoting good governance and ethical practices among our employees, partners and suppliers.
We prioritise our stakeholders’ data privacy, continuously strengthening our cybersecurity measures and elevating our information technology security standards.

Sustainability
Highlights

Dive into our noteworthy achievements throughout our journey in sustainable transformation. Each highlight signifies our relentless commitment to environmental stewardship and sustainable practices. Explore this journey of measurable progress towards a greener, more sustainable future.

Environmental Performance

125,161 trees planted
since 2011 including
24,560 Endangered, Rare
and Threatened (ERT) trees

Sequestered
13,072 tCO2e

Total carbon emission
reduction of 3.3%
against 2021 baseline

Waste recycling
increment of 29%
against 30% increment
target in 2022

Contribution to a better society

25 community programmes focusing on community support, environmental sustainability, education and healthcare

20 schools, 23 welfare homes and 150 B40 families

2,941 volunteer hours

778 volunteers

45,000 individuals across more than 50 organisations through donations and sponsorships

RM11.9 million (including donation to Yayasan Sime Darby RM9.47 million and sponsorships to more than 50 organisations, impacting 45,000 beneficiaries)

Environmental Performance

125,161 trees planted
since 2011 including
24,560 Endangered, Rare
and Threatened (ERT) trees

Sequestered
13,072 tCO2e

Total carbon emission
reduction of 3.3%
against 2021 baseline

Waste recycling
increment of 29%
against 30% increment
target in 2022

Policies

The Sime Darby Property Group's commitment to sustainability and safety start with policy, which guide and set boundaries for employees whilst outlining our position for our stakeholders. These policy instruments detail thematic and sub-thematic sustainability and quality, health, safety, security and the environment areas that anchor to our governance, strategies and targets informing our sustainability direction and have been updated as at 2022 and 2023. These policies can be found below.

• Sustainability Policy • Quality, Health, Safety, Security & the Environment (QHSSE) Policy • Human Rights Policy

Sustainability Reports

To Be a Value Multiplier, Championing Urban Biodiversity

Other Publications

Symbiosis

Malaysian Threatened and Rate Tree

MARC Sustainability Sukuk Assessment

Sustainability Sukuk Framework

SRI Sukuk Allocation

Sustainability In the News

We’re here

Find us at:

Sime Darby Property Berhad Ara Damansara (HQ)
Block G, 10th Floor No.2, Jalan PJU 1A/7A, Ara Damansara,
PJU 1A 47301Petaling Jaya, Selangor
Toll Free Line: 1-800-88-1118
Outside Malaysia: +603-7849 5000
sustainability@simedarbyproperty.com