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SUSTAINABILITY SUSTAINABILITY

SUNWAY’S JOURNEY TO NET ZERO BY 2050
WITH AN INTERIM CHECKPOINT IN 2030

WHAT YOU NEED TO KNOW ABOUT THIS GLOBAL MOVE
ENERGY EFFICIENCY
RENEWABLE ENERGY
• Average 4% annual reduction of
building energy intensity Goal:
• At least 25% of electricity generated from
• Average 3.5% annual reduction of renewable energy sources by 2030 (5% locally
PARIS AGREEMENT WHY NET ZERO? energy use intensity for industrial sites generated, 20% purchased from green sources or
How? solar farms)
Legally binding international treaty on climate change Global temperature increase needs • Optimise chiller technology + other • Sunway has invested in solar power generation
to be capped to 1.5°C above pre-industrial levels energy-e cient initiatives in malls since 2018 and has generated 18,860 MWh of
• Replace traditional bulbs with LEDs clean energy
To avert the worst impacts of climate change and in malls and o ces
Adopted by 196 parties in Paris in 2015
preserve a liveable planet • Install motion sensors to automatically
switch o electrical appliances when
Goal is to cap global warming to 1.5°C Currently, the Earth is already about spaces are unoccupied
above pre-industrial levels 1.1°C warmer than in the late 1800s
FOCUS AREAS INTERNAL
LEADING TO CARBON PRICING
2030 • Spur innovative solutions to nd solutions

GLOBAL EFFORT GREEN LEASE to cut carbon emissions or pay a carbon price
NET ZERO AGREEMENT
FOR TENANTS How it works:
i. 2022-2024: Carbon price set
Cut greenhouse > 120 countries Sunway is currently working with @ RM15/tonne of CO above
have signed net zero pledges
gas (GHG) emissions Sunway REIT to prepare its green a prede ned threshold (Same as
to as close to zero as possible lease agenda Singapore government)
ii. Decarbonisation targets set for
each business unit
iii. Failure to meet these targets will
amount to deductions from
GLOBAL EMISSIONS SUSTAINABLE bonus pool
GREENHOUSE GAS 3% PROCUREMENT
POLICY
Contribution of the 100 least-emitting countries
Gases that trap heat in the Sustainability commitments and
atmosphere 68% performance as an assessment
• Carbon dioxide e 10 largest greenhouse gas emitters contribute criterion for suppliers
• Methane over two-thirds of global emissions
• Nitrous oxide
• Fluorinated gases 46%
Contribution of the top three greenhouse gas emitters
(China, US, EU)

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