Bandar Sunway, 27 June–Two companies within Sunway Group made the FTSE4GOOD Bursa Malaysia Index in 2016 out of the thirty-nine constituents that made the list this year. Sunway Berhad and Sunway REIT have been officially acknowledged as socially responsible investment communities by the UK-based FTSE Group. A third company within Sunway Group, Sunway Construction Group Berhad, also remains on the FTSE4GOOD Bursa Malaysia Index since 2015.
Launched in December 2014, the FTSE4GOOD Bursa Malaysia Index measures the environmental, social and governance practices within the top 200 Malaysian stocks in the FTSE Bursa Malaysia EMAS Index based on 14 separate themes. Leading property construction group, Sunway Berhad continues to maintain a strong presence on this index for the third year running and Sunway Construction Group Berhad remains listed for the second year running. Joining the list of FTSE4GOOD Bursa Malaysia Index for the first time this year is Sunway REIT.
The 14 themes identified by the FTSE4GOOD include a company’s approach to climate change, water use, biodiversity, pollution and resources, environmental supply chain, health and safety, labour standards, human rights and community indicators, customer responsibility, social supply chain, anti-corruption, tax transparency, risk management and corporate governance covering a total of 350 ESG-related indicators.
As a Master Community Developer, Sunway continues to build connected communities where people live, learn, work, play in a safe, healthy and connected environment. Malaysia’s first dedicated and elevated Bus Rapid Transit (BRT) System BRT–Sunway Line is part of the more than RM300 million invested in improving the connectivity and accessibility around Sunway Resort City. The investment includes road expansion, the elevated canopy walk and infrastructure upgrades around Bandar Sunway, Subang Jaya and USJ.
The Jeffrey D. Sachs Center on Sustainable Development was set up recently in May to be a regional hub that advances the United Nations Sustainable Development Goals in Asia. Made possible with a USD10 million gift from the Jeffrey Cheah Foundation, the Jeffrey D. Sachs Center on Sustainable Development is a visionary move to focus attention on the sustainable development challenges in Southeast Asia.