Suppliers
Supplier Code of Conduct
We recognise that Sunway’s business activities will leave an impact throughout the value chain. We want to rise to the call in reducing environmental and social impacts for a more sustainable future. That is why we developed the goal of advocating a responsible value chain, which underpins our net zero by 2050 aspiration.
Alongside our tenants, customers and suppliers, we work towards reducing Sunway’s Scope 3 emissions by establishing green lease partnerships. Sunway REIT is among the first companies to implement this in Malaysia and we are proud to be a corporate standard bearer when it comes to doing sustainable and responsible business.
Supplier Risk Management
We require suppliers to provide information related to their environmental management systems and workplace standards as part of the evaluation in selecting our partners. This helps us review any potential environmental and social risks associated with the business activities of the vendors we work with.
We are increasingly raising awareness among our suppliers by indicating a preference to work with vendors adopting the best practices outlined in Sunway’s Sustainable Procurement Policy. This allows us to effectively encourage suppliers in minimising their negative environmental and social footprint, and to benchmark their sustainability practices against the industry, ultimately bringing all involved to a more sustainable future, together.
Further Reading:
Making the World a Better Place