Climate Change Data

Environmental Metrics

ESG Focus Areas

• Sustainability
• Good Health and Wellbeing
• Quality Education
• Decent Work and Economic Growth
• Sustainable Cities and Communities
• Peace, Justice and Strong Institutions

Environmental Achievements

• Installation of solar panels on the roof top of Celebration Centre Sales Gallery for electricity generation
• Implementation of rainwater harvesting tanks for landscape irrigation
• Implementation of eco-friendly features in development projects to reduce the buildings’ overall environmental footprint (natural ventilation and lighting in Bell Suites; starken block and panel in Monet Springtime and Monet Garden; North-South orientation to avoid direct sunlight and reduce room temperature in Tangerine Suites; and rainwater harvesting tanks in The Forum 2 for landscape irrigation).

Social Achievements

• Contributed a total of RM785,835 to organisations that addressed the plight of communities most adversely impacted by the pandemic, as well as education scholarships and social welfare.
• Organised online training, classes, and webinars for employees to upskill themselves professionally.
• Organised virtual health and wellness events for employees to keep fit and stay connected while working from home.

Governance Achievements

• Established a Crisis Management Committee with the support of Sunsuria’s Emergency Response Team
• Established Standard Operating Procedure (“SOP”) for COVID-19
• Implemented Anti-Corruption Framework in FY2020
• Formation of Anti-Bribery and Anti-Corruption Working Group (“ABACWG”) with Board approval

Climate Goals & Targets

Environmental Challenges

• Slowdown in economy due to the COVID-19 pandemic
• Credit risk due to limited funding for end-financing of projects

Mitigation Strategies

• Exercise prudence in expenditure and in growing its land bank under the new normal
• Embarked on more digitalisation initiatives
• Cost-cutting measures on non-critical expense items

Supply Chain Management

Supplier Audits: Biannual assessments

Responsible Procurement

• Review of supplier’s ISO System during pre-qualification

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Bursa Malaysia Sustainability Reporting Guide (2nd Edition), GRI Standards

Certifications: ISO 9001:2015

UN Sustainable Development Goals

• Good Health and Wellbeing
• Quality Education
• Decent Work and Economic Growth
• Sustainable Cities and Communities
• Peace, Justice and Strong Institutions

The Group has endeavoured to integrate its strategies to contribute to the aspirations and targets of these goals.

Awards & Recognition

• Forbes Asia – Best Under A Billion Awards 2020
• StarProperty Awards 2020
• Construction Quality Excellence Awards 2020
• Malaysia Landscape Architecture Awards (MLAA) 2019
• Starproperty.my Awards 2019
• Focus Malaysia’s Best Under Billion Awards 2019
• Starproperty.my Awards 2018
• Developer Property Award 2018
• Property Insight – Prestigious Developer Awards 2018
• Certificate from SIRIM QAS International
• Certificate from SIRIM Industri 2018
• Certificate from the International Certification Network (IQNET)
• Starproperty.my Awards 2017
• The Edge Billion Ringgit Club 2017
• Property Insight – Prestigious Developer Awards 2016
• Noble Excellence Awards 2016
• Asia Pacific Property Awards Architecture 2015-2016
• Focus Malaysia Best Under Billion Awards 2015

Environmental Metrics

ESG Focus Areas

• Climate Change
• Energy Efficiency
• Water Efficiency
• Customer Satisfaction
• Local Procurement
• Brand Recognition and Reputation
• Talent Retention and Development
• Labour and Human Rights
• Occupational Safety and Health
• Regulatory Compliance
• Diversity and Inclusion
• Anti-Corruption
• Data Privacy

Environmental Achievements

• Increased recycled rebar usage by 118.8% to 343.3 tonnes in FY2023
• Bangsar Hill Park (Block B & C) received GreenRE Silver Certification (Provisional)
• The Chapter and Monet Meadow secured GreenRE Bronze Certification (Provisional)
• Sunsuria Kejora Business Park achieved GreenRE Bronze Certification (Provisional)

Social Achievements

• 84.9% employee satisfaction rate
• 50% women representation on Sunsuria’s Board
• Zero fatalities in FY2023 with 3,554,265 manhours worked
• Zero incidence of customer data breaches
• Zero incidence of regulatory non-compliance
• 100% procurement spend on local vendors
• 4,967 total workforce training hours (increased 71.6% from FY2022)
• Zero incidence of corruption
• 84.5% customer satisfaction score

Governance Achievements

• Zero incidences of corruption and non-compliance cases
• 100% of procurement from local businesses

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions
• Rising building material costs
• Increased Scope 1 and Scope 2 emissions due to expanding projects

Mitigation Strategies

• Exploring strategies for enhanced cost efficiency, including evaluating international suppliers
• Implementing enhancements in energy management strategy to minimize emissions
• Actively exploring strategies to enhance mitigation efforts, aligning with TCFD recommendations

Supply Chain Management

Responsible Procurement

• Prioritising local suppliers (100% in FY2023)
• Supplier pre-qualification process considering ISO 14001 and OHSAS 18001
• Compliance with Sunsuria's Anti-Bribery and Corruption Policy

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather

Transition Risks

• Regulatory changes
• Market shifts

Opportunities

• Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI Standards 2021 Core Option, TCFD, Bursa Malaysia Sustainability Reporting Guide (3rd Edition), UN SDGs, MCCG 2021

Certifications: ISO 9001:2015, ISO 45001, ISO 14001, GreenRE Silver (Provisional), GreenRE Bronze (Provisional)

UN Sustainable Development Goals

• Good Health and Well-being
• Quality Education
• Decent Work and Economic Growth
• Sustainable Cities and Communities
• Peace, Justice, and Strong Institutions
• Responsible Consumption and Production
• Climate Action
• Gender Equality

Initiatives aligned with SDGs are described throughout the report

Sustainable Products & Innovation

• Energy-efficient lighting and air conditioning
• Rainwater harvesting systems
• Use of green cement

Awards & Recognition

• PropertyGuru Asia Property Awards Australia 2023
• StarProperty Awards 2023
• GreenRE certifications

Environmental Metrics

ESG Focus Areas

• Economic
• Environmental
• Social
• Governance

Climate Goals & Targets

Supply Chain Management

Responsible Procurement

• fair trade
• ethical sourcing
• supplier diversity

Climate-Related Risks & Opportunities