Our Path to Net Zero
We are committed to halving our carbon emissions by 2030 and achieving net zero by 2050.
That is why we introduced an internal carbon pricing mechanism. The aim is to incentivise clean energy adoption and energy efficiency among our business divisions by factoring in the price of carbon into the bottom line and tying executive bonuses to the Group’s decarbonisation goals. Sunway is among the first corporations in Southeast Asia and the first in Malaysia to introduce a carbon pricing framework into its businesses.
We also extend our net zero aspirations to external suppliers, fostering a sustainable and resilient supply chain. Sunway’s Sustainable Procurement Policy sets clear guidelines on the company’s expectations of our suppliers in terms of their environmental and social impacts. The supplier selection process favours vendors that adopt sustainability practices in their organisation.
Our commitment to sustainable development is reflective of the vision of our founder and chairman Tan Sri Sir Dr. Jeffrey Cheah, who rehabilitated an abandoned tin mine and subsequently transformed it into Malaysia’s first green integrated township known as Sunway City Kuala Lumpur.
Further Reading:
Zeroing in on Net-Zero: The Road to 2050 Net Zero for Businesses Is Possible, With the Right Approach Sunway Sets Carbon Pricing Strategy in Lofty Net Zero TargetsOur Social Presence: