It said the three listed companies of the Sunway group were among the first few Malaysia companies to join the 1,700-strong organisations to support TCFD’s recommendations.
and Sunway REIT have joined the global initiative to support the recommendations of the Task Force on Climate-Related Financial Disclosures .
Sunway Group president Tan Sri Chew Chee Kin said: “We have aligned our material ESG issues to the United Nations Sustainable Development Goals as part of our strategy for Sunway Group’s long-term success and economic value. With the TCFD, we have a strategic tool for engagement between our companies and investors.
Sunway said the four areas of disclosure recommendations laid out by the taskforce are governance, strategy, risk management, as well as metrics and targets. “Data on greenhouse emissions from our operations are reported annually in our sustainability report, ” it said. Using its existing mining lakes at Sunway South Quay and Sunway Lagoon as catchment areas, 8.5 million litres of water is processed every day and provided to selected commercial buildings within the township.