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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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