Climate Change Data

Capital World Limited

Climate Impact & Sustainability Data (2023)

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:24,328 kWh
Water Consumption:136 l
Waste Generated:9 tons
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Energy Management
  • Water Management
  • Waste Management
  • Health and Safety
  • Employment Practices
  • Anti-Corruption

Environmental Achievements

  • Constantly looking for cost-efficient solutions to reduce energy and water consumption during mall renovations; aiming to improve energy efficiency post-reopening
  • Minimising renovation waste and debris during mall renovations; exploring cost-efficient solutions to compact waste, increase segregation and recycling, and increase use of recycled materials post-reopening

Social Achievements

  • Implementing Occupational Safety and Health Policy (OSHP) to ensure compliance with OSHA 1994; aiming for zero workplace fatalities and non-compliance regulatory matters
  • Implementing Human Resources Policy (HRP) to ensure compliance with Malaysia and Singapore Employment Acts; aiming for at least 1 hour of job-related training annually for key employees

Governance Achievements

  • Conducting anti-corruption training for all employees; implementing a comprehensive whistle-blowing policy

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Achieve Malaysia Green Building Index certification for all future projects
Short-term Goals:
  • Reduce electricity usage and water consumption for corporate offices by approximately 5% by FY2024
  • Organize at least 1 ESG-related event in FY2024

Environmental Challenges

  • Minimal operating activities in FY2023 due to mall closure; need to ramp up operations for FY2024 and beyond
  • Potential challenges in meeting sustainability targets due to limited data from minimal operations in FY2023
  • Climate-related risks and opportunities not fully assessed due to limited operations in FY2023
Mitigation Strategies
  • Setting up of Sustainability Committee with a Chief Sustainability Officer; focusing on energy, water, waste management, workplace safety, health, and employment practices
  • Engaging an independent external consultant to prepare the sustainability report; adopting a phased approach in reporting GHG emissions
  • Implementing a safety-first mindset and aligning key stakeholders to a zero-harm goal; developing human capital and improving employee retention rates

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Working with potential partners to look for resource-efficient processes and materials for future projects

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Utilizing lower carbon generating sources of electricity; considering use of smart building technologies

Reporting Standards

Frameworks Used: GRI Standards: Core Option, TCFD, SGX Sustainability Reporting Guide - SGX Practice Note 7.6

Certifications: Null

Third-party Assurance: Baker Tilly Monteiro Heng Governance Sdn Bhd (internal review), Alder Corporate Services (independent external consultant)

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed