Sunway aims to accelerate decarbonisation efforts
KUALA LUMPUR: Sunway Bhd aims to accelerate its decarbonisation efforts towards achieving net zero and remain committed to communicating with transparency with all the stakeholders.

Its president Tan Sri Dr Chew Chee Kin said integrating sustainability into Sunway’s products and services has enabled the group to continuously stay at the forefront of the industries, offering innovative solutions and meeting evolving demands.

"We remain steadfast in advancing the United Nation’s (UN) Sustainable Development Goals (SDGs), ensuring that sustainability is embedded in all our decision-making processes, business practices and operations,” he said in Sunway Bhd’s Annual and Corporate Governance Report 2023.

He said the group has established an embodied carbon emissions roadmap for Building Materials and Quarry divisions with the impending implementation of the European Union’s Carbon Border Adjustment Mechanism which will tax carbon-intensive products.

"Both divisions have effectively begun quantifying the carbon footprint of all products since 2023,” he said.

Chew said from 2025 onwards, the group will progress towards obtaining Environmental Product Declarations for these products, underscoring the commitment to transparency and environmental responsibility.

Besides that, he said Sunway’s partnership with Gentari Sdn Bhd and EV Connection Sdn Bhd to install more electrical vehicle (EV) charging stations was in line with the Malaysian government’s Low Carbon Mobility Blueprint, which aims for EVs and hybrids to constitute at least 15 per cent of total industry volume by 2030.

"The target is to build 10,000 EV charging stations nationwide by 2025,” he said.

Meanwhile, the founder and chairman of Sunway Bhd, Tan Sri Dr Jeffrey Cheah Fook Ling said the group remains persistent in achieving beyond financial bottom lines and always growing as a model corporate citizen.

"Even as we go forward, we remain steadfast in our commitment to the sustainable development agenda,” he added. - Bernama
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KUALA LUMPUR: Sunway Bhd aims to accelerate its decarbonisation efforts towards achieving net zero and remain committed to communicating with transparency with all the stakeholders.