Content
Index
The Sunway Berhad Sustainability Report 2023 has been internally reviewed by Group Internal Audit and externally assured by SIRIM QAS International Sdn Bhd, which has verified that the policies, initiatives and data disclosed here are accurate and acceptable.
- BURSA MALAYSIA
- GRI
- F4GBM ESG Themes
- UN SDG
- SASB
- UNGC
BURSA MALAYSIA
F4GBM ESG Themes | Page reference |
---|---|
ENVIRONMENTAL | |
Climate Change | 25, 32-34, 77-80 |
Pollution & Resources | 25, 32-40, 77-84 |
Water Security | 35-40, 80-84 |
Environment Supply Chain | 42-45 |
Social Supply Chain | 42-45 |
SOCIAL | |
Labour Standards | 42, 47-57, 85-90 |
Human Rights & Community | 42, 47-57, 59-64, 85-86, 90 |
Health & Safety | 53-57, 91 |
GOVERNANCE | |
Anti-Corruption | 68-69 |
Corporate Governance | 52, 87-90 |
Risk Management | 65-66, 68 |
Bursa Malaysia Indicators
|
Page reference
|
---|---|
Anti-corruption
|
128
|
Community/Society
|
111
|
Diversity
|
98, 99
|
Energy management
|
62
|
Health and safety
|
104 - 108
|
Labour practices and standards
|
98, 155
|
Supply chain management
|
79
|
Data privacy and security
|
129
|
Water
|
68
|
Waste management
|
76
|
Emissions management
|
48 – 51
|
Emissions – Air Quality/Pollution
|
N/A
|
Materials
|
83
|
Supply Chain (Environmental)/Supplier Environmental Assessment
|
79, 150
|
Supply Chain (Social)/Supplier Social Assessment
|
79, 150
|
Effluents
|
N/A
|
GRI
ESG Pillars
|
GRI Standard
|
Disclosure Number
|
Standards Disclosure
|
Page Reference and reasons for omissions, if applicable
|
|
---|---|---|---|---|---|
GENERAL DISCLOSURES
|
|||||
GRI 2: General Disclosures 2021
|
The organisation and its reporting practices
|
||||
2-1
|
Organisational details
|
2 – 3
|
|||
2-2
|
Entities included in the organisation’s sustainability reporting
|
3
|
|||
2-3
|
Reporting period, frequency and contact point
|
1
|
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2-4
|
Restatements of information
|
137,162
|
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2-5
|
External assurance
|
1, 174 – 175
|
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Activities and workers
|
|||||
2-6
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Activities, value chain and other business relationships
|
2 – 3, 79
|
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2-7
|
Employees
|
93 – 109 , 151 – 160
|
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2-8
|
Workers who are not employees
|
102 – 109, 159
|
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Governance
|
|||||
2-9
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Governance structure and composition
|
19
|
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2-10
|
Nomination and selection of the highest governance body
|
Please refer to Sunway Berhad's IAR2023
|
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2-11
|
Chair of the highest governance body Please
|
Please refer to Sunway Berhad's IAR2023
|
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2-12
|
Role of the highest governance body in overseeing the management of impacts
|
19
|
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2-13
|
Delegation of responsibility for managing impacts
|
19
|
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2-14
|
Role of the highest governance body in sustainability reporting
|
19
|
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2-15
|
Conflicts of interest
|
Please refer to Sunway Berhad's IAR2023
|
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2-16
|
Communication of critical concerns
|
79, 93
|
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2-17
|
Collective knowledge of the highest governance body
|
19
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2-18
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Evaluation of the performance of the highest governance body
|
19
|
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2-19
|
Remuneration policies
|
129
|
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2-20
|
Process to determine remuneration
|
Please refer to Sunway Berhad's IAR2023
|
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2-21
|
Annual total compensation ratio
|
99
|
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Strategy, policies and practices
|
|||||
2-22
|
Statement on sustainable development strategy
|
4 – 17, 20 – 21, 35 – 39
|
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2-23
|
Policy commitments
|
129
|
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2-24
|
Embedding policy commitments
|
128 – 129
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2-25
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Processes to remediate negative impacts
|
93
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2-26
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Mechanisms for seeking advice and raising concerns
|
93
|
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2-27
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Compliance with laws and regulations
|
128 – 129
|
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2-28
|
Membership associations
|
163 – 165
|
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Stakeholder engagement
|
|||||
2-29
|
Approach to stakeholder engagement
|
25 – 34
|
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2-30
|
Collective bargaining agreements
|
94
|
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MATERIAL TOPICS
|
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GRI 3: Material Topics 2021
|
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3-1
|
Process to determine material topics
|
22 – 24
|
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3-2
|
List of material topics
|
22 – 24
|
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ECONOMIC
|
Company economic performance
|
||||
GRI 3: Material Topics 2021
|
3-3
|
Management of material topics
|
125
|
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GRI 201: Economic Performance
|
|||||
201-1
|
Direct economic value generated and distributed
|
125
|
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201-2
|
Financial implications and others risk and opportunities due
|
43 – 46
|
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201-3
|
Defined benefit plan obligations and other retirement plans
|
N/A
|
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201-4
|
Financial assistance received from government
|
N/A
|
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Macroeconomic issues
|
|||||
GRI 3: Material Topics 2021
|
3-3
|
Management of material topics
|
125
|
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GRI 202: Market Presence 2016
|
|||||
202-1
|
Ratios of standard entry level wage by gender compared to local minimum wage
|
Not disclosed due to confidentiality constraints.
|
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202-2
|
Proportion of senior management hired from the local community
|
99
|
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GRI 203: Indirect Economic Impacts 2016
|
|||||
203-1
|
Infrastructure investments and services supported
|
2, 52 – 53, 56 – 59, 111 – 123, 125
|
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203-2
|
Significant indirect economic impacts
|
52 – 53, 56 – 59, 111 – 123, 125
|
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Responsible and sustainable financing
|
|||||
GRI 3: Material Topics 2021
|
3-3
|
Management of material topics
|
126 – 127
|
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Capital allocation strategy (Build-Own-Operate business model)
|
|||||
GRI 3: Material Topics 2021
|
3-3
|
Management of material topics
|
28
|
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Brand and reputation
|
|||||
GRI 3: Material Topics 2021
|
3-3
|
Management of material topics
|
28
|
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ENVIRONMENTAL
|
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Climate action
|
|||||
GRI 3: Material Topics 2021
|
3-3
|
Management of material topics
|
41, 56, 61
|
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GRI 302: Energy 2016
|
302-1
|
Energy consumption within the organization
|
61 – 63, 140 – 143
|
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302-2
|
Energy consumption outside of the organization
|
61 – 63, 140 – 143
|
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302-3
|
Energy intensity
|
50, 63
|
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302-4
|
Reduction of energy consumption
|
61 – 63
|
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302-5
|
Reductions in energy requirements of products and services
|
61 – 63
|
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GRI 305: Emissions 2016
|
305-1
|
Direct (Scope 1) GHG emissions
|
48 – 51, 137 – 139
|
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305-2
|
Energy indirect (Scope 2) GHG emissions
|
48 – 51, 137 – 139
|
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305-3
|
Other indirect (Scope 3) GHG emissions
|
48 – 51, 137 – 139
|
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305-4
|
GHG emissions intensity
|
48 – 51, 137 – 139
|
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305-5
|
Reduction of GHG emissions
|
48 – 51, 137 – 139
|
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305-6
|
Emissions of ozone-depleting substances (ODS)
|
137 – 139
|
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305-7
|
Nitrogen oxides (NOx), sulfur oxides (SOx), and other significant air emissions
|
148 – 149
|
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Protection of biodiversity and ecology
|
|||||
GRI 3: Material Topics 2021
|
3 - 3
|
Management of material topics
|
56
|
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GRI 304: Biodiversity 2016
|
304-1
|
Operational sites owned, leased, managed in, or adjacent to protected areas and areas of high biodiversity value outside
|
52 – 59
|
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304- 2
|
Significant impacts of activities, products, and services
|
52 – 59
|
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304-3
|
Habitats protected or restored
|
52 – 55
|
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304-4
|
IUCN Red List species and national conservation list species with habitats in areas affected by operations
|
N/A
|
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Pollution management
|
|||||
GRI 3: Material Topics 2021
|
3 - 3
|
Management of material topics
|
70
|
||
GRI 303: Water and Effluents 2018
|
303-1
|
Interactions with water as a shared resource
|
64 – 69
|
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303-2
|
Management of water discharge-related impacts
|
65, 77, 148
|
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303-3
|
Water withdrawal
|
64 – 69
|
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303-4
|
Water discharge
|
65, 77, 148
|
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303-5
|
Water consumption
|
64 – 69
|
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GRI 306: Waste 2020
|
|||||
306-1
|
Waste generation and significant waste-related impacts
|
70 – 76
|
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306-2
|
Management of significant waste-related impacts
|
70 – 76
|
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306-3
|
Waste generated
|
70 – 76, 145 – 147
|
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306-4
|
Waste diverted from disposal
|
70 – 76, 145 – 147
|
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306-5
|
Waste directed to disposal
|
70 – 76, 145 – 147
|
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SOCIAL
|
Employee well-being
|
||||
GRI 3: Material Topics 2021
|
3-3
|
Management of material topics
|
93, 102
|
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GRI 403: Occupational Health and Safety 2018
|
403-1
|
Occupational health and safety management system
|
102
|
||
403-2
|
Hazard identification, risk assessment, and incident investigation
|
106 –107
|
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403-3
|
Occupational health services
|
107
|
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403-4
|
Worker participation, consultation, and communication on occupational health and safety
|
103 – 104
|
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403-5
|
Worker training on occupational health and safety
|
104
|
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403-6
|
Promotion of worker health
|
106 – 108
|
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403-7
|
Prevention and mitigation of occupational health and safety impacts directly linked by business relationships
|
106 –108
|
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403-8
|
Workers covered by an occupational health and safety management system
|
105
|
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403-9
|
Work-related injuries
|
108, 159
|
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403-10
|
Work-related ill health
|
108, 159
|
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GRI 404: Training and Education 2016
|
404-1
|
Average hours of training per year per employee
|
98, 157 –158
|
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404-2
|
Programs for upgrading employee skills and transition assistance programs
|
97 –98
|
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404-3
|
Percentage of employees receiving regular performance and career development reviews
|
98, 158
|
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Human Rights
|
|||||
GRI 3: Material Topics 2021
|
3-3
|
Management of material topics
|
93
|
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GRI 401: Employment 2016
|
401-1
|
New employee hires and employee turnover
|
99, 153 –156
|
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401-2
|
Benefits provided to full-time employees that are not provided to temporary or part-time employees
|
94 – 95
|
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401-3
|
Parental leave
|
95, 158
|
|||
GRI 402: Labour/ Management Relations 2016
|
402-1
|
Minimum notice periods regarding operational changes
|
94
|
||
GRI 405: Diversity and Equal Opportunity 2016
|
405-1
|
Diversity of governance bodies and employees
|
99, 151, 153 – 156
|
||
405-2
|
Ratio of basic salary and remuneration of women to men
|
156
|
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GRI 406: Non-discrimination 2016
|
406-1
|
Incidents of discrimination and corrective actions taken
|
99, 128
|
||
GRI 407: Freedom of Association and Collective Bargaining 2016
|
407-1
|
Operations and suppliers in which the right to freedom of association and collective bargaining may be at risk
|
93 – 94
|
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GRI 408: Child Labour 2016
|
408-1
|
Operations and suppliers at significant risk for incidents of child labour
|
93
|
||
GRI 409: Forced or Compulsory Labour 2016
|
409-1
|
Operations and suppliers at significant risk for incidents of forced or compulsory labour
|
93
|
||
GRI 410: Security Practices 2016
|
410-1
|
Security personnel trained in human rights policies or procedures
|
93
|
||
GRI 411: Rights of Indigenous People 2016
|
411-1
|
Incidents of violations involving rights of indigenous peoples
|
93
|
||
GRI 416: Customer Health and Safety 2016
|
416-1
|
Assessment of the health and safety impacts of product and service categories
|
88
|
||
416-2
|
Incidents of non-compliance concerning the health and safety impacts of products and services
|
2 – 3
|
|||
Community Investment
|
|||||
GRI 3: Material Topics 2021
|
3-3
|
Management of material topics
|
111
|
||
GRI 413: Local Communities 2016
|
413-1
|
Operations with local community engagement, impact assessments, and development programs
|
111 – 123
|
||
413-2
|
Operations with significant actual and potential negative impacts on local communities
|
111 – 123
|
|||
Value Chain Improvement
|
|||||
GRI 3: Material Topics 2021
|
3-3
|
Management of material topics
|
79, 88
|
||
GRI 204: Procurement Practices 2016
|
204-1
|
Proportion of spending on local suppliers
|
79, 136, 150
|
||
GRI 301: Materials 2016
|
301-1
|
Materials used by weight or volume
|
83, 150
|
||
301-2
|
Recycled input materials used
|
82
|
|||
301-3
|
Reclaimed products and their packaging materials
|
82
|
|||
GRI 308: Supplier Environmental Assessment
|
308-1
|
New suppliers that were screened using environmental criteria
|
79, 136, 150
|
||
308-2
|
Negative environmental impacts in the supply chain and actions taken
|
79, 136, 150
|
|||
GRI 417: Marketing and Labelling 2016
|
417-1
|
Requirements for product and service information and labeling
|
88
|
||
417-2
|
Incidents of non-compliance concerning product and service information and labeling
|
88
|
|||
417-3
|
Incidents of non-compliance concerning marketing communications
|
88
|
|||
GRI 418: Customer Privacy
|
418-1
|
Substantiated complaints concerning breaches of customer privacy and losses of customer data
|
129
|
||
GOVERNANCE
|
Group standards and operating procedure
|
||||
GRI 3: Material Topics 2021
|
3-3
|
Management of material topics
|
128
|
||
GRI 205: Anti – corruption 2016
|
205-1
|
Operations assessed for risks related to corruption
|
128 – 129
|
||
205-2
|
Communication and training about anti-corruption policies and procedures
|
128 – 129
|
|||
205-3
|
Confirmed incidents of corruption and actions taken
|
128 – 129
|
|||
GRI 206: Anti – competitive Behavior 2016
|
206-1
|
Legal actions for anti-competitive behavior, anti-trust, and monopoly practices
|
128 – 129
|
||
GRI 419: Socioeconomic Compliance 2016
|
419-1
|
Non-compliance with laws and regulations in the social and economic area
|
105
|
||
Innovation and technology
|
|||||
GRI 3: Material Topics 2021
|
3-3
|
Management of material topics
|
129
|
||
F4GBM ESG Themes
F4GBM ESG Themes | Page reference |
---|---|
ENVIRONMENTAL | |
Climate Change | 25, 32-34, 77-80 |
Pollution & Resources | 25, 32-40, 77-84 |
Water Security | 35-40, 80-84 |
Environment Supply Chain | 42-45 |
Social Supply Chain | 42-45 |
SOCIAL | |
Labour Standards | 42, 47-57, 85-90 |
Human Rights & Community | 42, 47-57, 59-64, 85-86, 90 |
Health & Safety | 53-57, 91 |
GOVERNANCE | |
Anti-Corruption | 68-69 |
Corporate Governance | 52, 87-90 |
Risk Management | 65-66, 68 |
F4GBM ESG Themes
|
Page reference
|
---|---|
ENVIRONMENTAL
|
|
Biodiversity
|
52 – 59
|
Climate Change
|
48 – 51, 61 – 63
|
Environment Supply Chain
|
79, 83
|
Pollution & Resources
|
48 – 51, 64 – 69, 70 – 77
|
Water Security
|
64 – 69, 70 – 77
|
SOCIAL
|
|
Labour Standards
|
97 – 98
|
Health & Safety
|
102 – 108
|
Human Rights & Community
|
93 – 94
|
Social Supply Chain
|
79, 150
|
GOVERNANCE
|
|
Anti - Corruption
|
128 – 129
|
Corporate Governance
|
99, 128
|
Risk Management
|
88
|
UN SDG
United Nations Sustainable Development Goals | Page reference | |
---|---|---|
Goal 1 | No poverty | 111 – 123 |
Goal 2 | Zero hunger | 111 – 123 |
Goal 3 | Good health and well-being | 93 – 109, 111 – 123 |
Goal 4 | Quality education | 93 – 109 |
Goal 5 | Gender equality | 93 – 109 |
Goal 6 | Clean water and sanitation | 41 – 77 |
Goal 7 | Affordable and clean energy | 41 – 77 |
Goal 8 | Decent work and economic growth | 93 – 109 |
Goal 9 | Industry, innovation and infrastructure | 41 – 77 |
Goal 10 | Reduced inequalities | 93 – 109, 111 – 123 |
Goal 11 | Sustainable cities and communities | 41 – 77, 79 – 91 |
Goal 12 | Responsible consumption and production | 41 – 77, 79 – 91 |
Goal 13 | Climate action | 41 – 77, 79 – 91 |
Goal 14 | Life below water | 41 – 77 |
Goal 15 | Life on land | 41 – 77 |
Goal 16 | Peace, justice and strong institutions | 93 – 109, 125 – 131 |
Goal 17 | Partnerships for the goals | 41 – 77, 79 – 91, 93 – 109, 111 – 123, 125 – 131 |
SASB
Topic | SASB Code | Accounting-Metric | Page Reference |
---|---|---|---|
Energy Management | IF-RE- 130a.1 | Energy consumption data coverage as a percentage of total floor area, by property sector | 61 – 63, 140 – 143 |
IF-RE- 130a.2 |
|
61 – 63, 140 – 143 | |
IF-RE- 130a.3 | Like-for-like percentage change in energy consumption for the portfolio area with data coverage, by property subsector | 50, 63 | |
IF-RE- 130a.4 | Percentage of eligible portfolio that (1) has an energy rating and (2) is certified to ENERGY STAR, by property sector | 61 – 63, 140 – 143 | |
IF-RE- 130a.5 | Description of how building energy management considerations are integrated into property investment analysis and operational strategy | 61 – 63 | |
Water Management | IF-RE- 140a.1 | Water withdrawal data coverage as a percentage of (1) total floor area and (2) floor area in regions with High or Extremely High Baseline Water Stress, by property sector | 65, 77, 148 |
IF-RE- 140a.2 |
|
65, 77, 148 | |
IF-RE- 140a.3 | Like-for-like percentage change in water withdrawn for portfolio area with data coverage, by property subsector | 65, 77, 148 | |
IF-RE- 140a.4 | Description of water management risks and discussion of strategies and practices to mitigate those risks | 64 – 69 | |
Climate Change Adaptation | IF-RE-450a.1 | Area of properties located in 100-year flood zones, by property sector | 48 – 51, 137 – 139 |
IF-RE-450a.2 | Description of climate change risk exposure analysis, degree of systematic portfolio exposure, and strategies for mitigating risks | 48 – 51, 137 – 139 | |
Management of Tenant Sustainability Impacts | IF-RE-410a.1 | (1) Percentage of new leases that contain a cost recovery clause for resource efficiency-related capital improvements and (2) associated leased floor area, by property sector | 79, 88 |
IF-RE-410a.2 | Percentage of tenants that are separately metered or submetered for (1) grid electricity consumption and (2) water withdrawals, by property sector | 79, 88 | |
IF-RE-410a.3 | Discussion of approach to measuring, incentivising and improving sustainability impacts of tenants | 79, 88 |
UNGC
United Nations Global Compact
|
Page Reference
|
|
---|---|---|
HUMAN RIGHTS
|
||
Principle 1
|
Businesses should support and respect the protection of internationally proclaimed human rights
|
4 – 17, 20 – 21, 35 – 39, 93 – 94, 128 – 129
|
Principle 2
|
Make sure that they are not complicit in human rights abuses
|
4 – 17, 20 – 21, 35 – 39, 93 – 94, 128 – 129
|
LABOUR
|
||
Principle 3
|
Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining
|
25 – 34 , 93 – 94
|
Principle 4
|
The elimination of all forms of forced and compulsory labour
|
61, 67 – 68, 93 – 94
|
Principle 5
|
The effective abolition of child labour
|
61, 67 – 68, 93 – 94
|
Principle 6
|
The elimination of discrimination in respect of employment and occupation
|
2 – 3, 61, 67 – 68, 93 – 94
|
ENVIRONMENT
|
||
Principle 7
|
Businesses should support a precautionary approach to environmental challenges
|
48 – 51, 52-59, 61 – 69, 79,82 – 83
|
Principle 8
|
Undertake initiatives to promote greater environmental responsibility
|
48 – 51, 52 – 59, 61 – 69, 79, 82 – 83
|
Principle 9
|
Encourage the development and diffusion of environmentally friendly technologies
|
48 – 51, 52 – 59, 61 – 69, 79, 82 – 83
|
Principle10
|
Businesses should work against corruption in all its forms, including extortion and bribery
|
4 – 17, 20 – 21, 35 – 39, 128 – 129
|