Building Responsibly for Tomorrow
The fundamental principle of sustainable development is to create developments that foster enduring prosperity for communities while protecting the planet for future generations. Guided by the overarching sustainability objectives of PPB Group Berhad, a defined roadmap has been established for the property division. This roadmap is the Sustainability Vision 2030. This forward-thinking vision outlines core priorities in environmental, social and governance areas. It is an integral part of the Group’s aspiration towards achieving net-zero emissions by 2050, in full alignment with Malaysia’s national climate goals.
The Three Interconnected
Sustainability Pillars
Environmental Responsibility
Environmental Responsibility
Reduce carbon emissions by improving energy efficiency, adopting renewable energy sources, and conserving resources.
Social Responsibility
Social Responsibility
Enhance community well-being through inclusivity, stakeholder engagement, and increasing environmental awareness.
Governance Excellence
Governance Excellence
Strengthen governance by integrating sustainability into decision-making and ensuring adherence to ESG standards.
Targets by 2030
Achieve a 55%* reduction in energy intensity |
Reduce Scope 1 and 2 GHG emisssions by 55.8%* |
Identify Scope 3 emissions by end of 2027 |
Conduct climate risk assessment for all of properties’ locations |
Implement solar energy and rainwater harvesting at viable sites |
Achieve average water intensity of 3.26 for 6 locations |
Achieve a minimum 3-star rating of the Building Energy Index at office buildings |
Promote recycling in all retail spaces |
*To be aligned with the Group’s Decarbonisation Road Map
Achieve zero work-related fatalities for both employees and contractors’ workers. |
Ensure that 100% of employees undergo training on anti-sexual harassment. |
Maintain a 30% women representation of senior roles (Head of Departments and Senior Managers) |
Foster eco-friendly behaviour among all employees |
Reach a cumulative 500 hours of employee volunteerism by 2030 |
Achieve a cumulative community investment of RM1 million by 2030 |
Achieve an overall customer satisfaction rate, with a Net Promoter Score (NPS) of 30 or higher. |
Ensure 80% of all contractors and suppliers are regulated by the Group Due Diligence Procedures for Procurement |
Ensure that 100% of employees undergo training Anti-Bribery and Corruption (ABAC) compliance. |
Impact at a Glance
Key Sustainability Highlights
[Source: Sustainability Report 2024]
The property division uses the Building Energy Index (BEI) to track and compare the energy consumption across its properties. The BEI for PPB’s property sites varies significantly, reflecting differences in energy efficiency across different asset categories – malls and office buildings.
The three shopping malls, Megah Rise Mall, Cheras LeisureMall, and New World Park have the highest recorded BEI values. Moving forward, the BEI target for shopping malls is set at 300kWh/m2/year, with the remaining three sites to be aligned with a 3-star rating according to the Energy Commission’s Guidelines.
[Source: Sustainability Report 2024]
Sustainable water management is critical for ensuring the long term viability of our communities and ecosystems. Our water efficiency efforts are guided by annual targets and rely on continuous improvement through rainwater harvesting, improve water consumption monitoring and conducting routine maintenance to check for water leakages.
Within the property segment, the target WUI across all properties is 3.26m3/m2/year in 2025.
Investing in Communities We Serve
Social responsibility is intrinsic to the company’s identity, with focused efforts directed towards four main pillars: community development, environment, education, and arts, culture & heritage. A range of targeted programmes delivers substantial and measurable value. These include conservation, charitable contributions, and direct local engagement. This steadfast commitment is fundamental to the company’s presence, ensuring a more resilient and prosperous future is fostered in every community served.
