Climate Change Data

I-Berhad

Climate Impact & Sustainability Data (2022, 2023)

Reporting Period: 2022

Environmental Metrics

ESG Focus Areas

  • Economic
  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Achieved zero fatalities and non-lost time incidents for three consecutive years with a cumulative worked hour of more than 2 million hours.
  • DoubleTree by Hilton Shah Alam i-City won the International Sustainable Award 2022.
  • All lightings within the i-City development are LED lights, reducing CO2 emission and saving 50%-60% of energy.
  • Air-conditional performance complies with MS1525:2019 (Energy Efficiency and Use of Renewable Energy For Non-Residential Buildings).
  • Installed solar lights at surrounding Mercu Maybank walkway for energy saving.
  • Motion sensor control for office light management.
  • Rainwater harvesting for cleaning purpose at construction site.
  • Installed pump and using ground water for construction works.
  • All sanitary fittings in Mercu Maybank are automated.

Social Achievements

  • Achieved zero fatalities and non-lost time incidents for three consecutive years with a cumulative worked hour of more than 2 million hours.
  • Hired an additional 106 interns and 177 part-timers in 2022.
  • Meet with Purpose program at DoubleTree by Hilton Shah Alam i-City helps clients create a meaningful change for attendees within the communities.

Governance Achievements

  • Adopted the Directors’ Fit and Proper Policy.
  • Established a formal and transparent relationship with external auditors via the Audit Committee.
  • Implemented policies and procedures on whistleblowing and anti-corruption.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Develop and sell approximately 73% of the 13 million square feet of Gross Floor Area (GFA) allocated to the i-City development.
Short-term Goals:
  • Become a billion-value company in 3 years.

Environmental Challenges

  • Challenging economic landscape.
  • COVID-19 pandemic impact.
Mitigation Strategies
  • Strengthened net assets.
  • Strategic capital partnerships.
  • Talented and motivated team of professional managers.
  • Strategic alliances with leading organisations.
  • Improving the yield of its investment properties and growing this portfolio for sustainable recurring income.

Supply Chain Management

Responsible Procurement
  • Prioritising local suppliers

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Bursa Malaysia Securities Berhad’s Sustainability Reporting Guide Third Edition

Certifications: GBI certified Mercu Maybank

Awards & Recognition

  • International Sustainable Award 2022 (DoubleTree by Hilton Shah Alam i-City)
  • The Outstanding Property Entrepreneur Award 2022 (Tan Sri Lim Kim Hong)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:8,302,682.90 MWh/year
Water Consumption:227,702.00 m3/year
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Anti-corruption
  • Community Wellbeing
  • Diversity, Equality & Inclusion
  • Energy Management
  • Water Management
  • Supply Chain & Materials Management
  • Waste Management
  • Labour Standards & Practices
  • Health and Safety
  • Data Privacy & Security
  • Climate Change Related

Environmental Achievements

  • Reduced CO2 emissions and energy usage by 50%-60% compared to fluorescent tube lights by implementing LED lighting.
  • Ensured air-conditioning performance complies with MS1525:2019.
  • Installed solar lights along Mercu Maybank walkways.
  • Implemented motion sensor control for office light management.
  • Implemented rainwater harvesting systems at construction sites.
  • Installed pumps and utilised groundwater for construction activities.
  • Installed automated sanitary fittings in Mercu Maybank.

Social Achievements

  • Achieved zero fatalities and only two non-lost time incidents over the past three years, totalling over 2 million worked hours.
  • Implemented Notion as a channel for employees to engage in information sharing.
  • Adopted usage of ChatGPT for work purposes.
  • Invested MYR 1,600,000.00 in the community, benefiting 31,000 individuals through the 'One Shah Alam One Destination' program.
  • Increased employee count by 39% compared to FY2022.

Governance Achievements

  • Established a zero-tolerance policy against bribery and corruption, detailed in its Code of Conduct and ABAC Policy.
  • Conducted anti-corruption briefings for management and executive staff.
  • Established secured whistleblowing channels.

Climate Goals & Targets

Long-term Goals:
  • Transform i-City into a dynamic urban centre with a total development value of RM10 billion.
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Launch of the second BeCentral residences tower.

Environmental Challenges

  • Not disclosed
Mitigation Strategies
  • Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Prioritising locally based suppliers (90% and above from 2020 to 2023).

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: Bursa Malaysia Securities Berhad Sustainability Reporting Guide Third Edition

Certifications: GBI (Mercu Maybank)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • The Malaysia Developer Awards (MDA) in the Transformation Category (August 2023)