RAM Consultancy assigns highest sustainability rating to Sunway Bhd

PETALING JAYA: RAM Consultancy (RAM) has assigned its highest sustainability rating of Gold to Sunway Berhad, after it scored highly in all sustainability metrics evaluated, namely environment, social, governance and positive impact in the alignment of company's business activities towards the United Nations Sustainable Development Goals.
Citing its Sunway City development and the group's strong governance and risk management structure, RAM's head of sustainability ratings Gladys Chua said in a statement, the group has demonstrated its leadership in the area of sustainable development through business practices and decision making.
"It serves as an inspiration and role model for other corporations in Malaysia," she added.

Sunway City is home to more than 150 species of flora and fauna. Almost 50% of Sunway City is open space and 24% is green space, representing two vital components of sustainable urban design. Further, Sunway City houses certified green buildings, its own water treatment plant, and has reduced carbon dioxide-equivalent emissions by 12% between 2015 and 2016.
The Sunway group has made commitments to embrace environmental sustainability in its built environment. Approximately 96% of its carbon emissions mainly originate from building energy consumption. To mitigate the group's impact on climate change, it has integrated energy saving features such as LED lights, solar panels, lift enhancements and high efficiency chillers across its building assets.
RAM also said that environmental performance targets are an important component of an organisation's sustainability strategy. Measurable targets provide transparency on the organisation's action plans to achieve corporate goals.
"We opine thegroup can improve the quality of sustainability disclosures by identifying specific and measurable corporate goals that can help shape the design of the environmental action plans," Chua said.