Sunway Bhd now ranks among the top 15% percentile of its Industry Classification Benchmark (ICB) Supersector that has been assessed by FTSE Russell and has also received an ESG rating of “A” by Morgan Stanley Capital International (MSCI).
Sunway has also been ranked by Bursa Malaysia to be among the top in the country by ESG Ratings in the FTSE Bursa Malaysia Index assessed by FTSE Russell. Sunway was one of the first companies to be listed on the FTSE4Good Bursa Malaysia Index and has maintained its listing for seven consecutive years. Sunway is also a constituent of the FTSE4Good Bursa Malaysia Shariah Index which was launched in July 2021.
In tandem, Sunway Berhad also received its highest Morgan Stanley Capital International (MSCI) ESG Ratings, upgraded from “BBB” to “A”. MSCI is a leading provider of critical decision support tools and services for the global investment community The MSCI ESG Ratings aim to measure a company’s resilience to long-term ESG risks.
Sunway has well-surpassed global industry averages according to financials as well as the real estate holding and development subsector averages across all themes – environmental, social, and governance (ESG), underscoring its persistent and progressive efforts in championing the sustainable development agenda.
“We have been progressively enhancing our efforts in championing the sustainable development agenda. This achievement, benchmarked against the industry’s best will drive us further to pursue long-term sustainability and success with constantly improving ESG practices at the core of our journey,” said Sunway Group President Tan Sri Chew Chee Kin.
“We have every intention to grow our value for our stakeholders meaningfully and responsibly, while fostering a sustainable future for all. We will pursue responsible growth by leveraging on our unique strengths and build-own-operate business model. We remain committed to our employees’ welfare by providing a supportive, safe and healthy work environment, and investing in their career growth.”
In line with Sunway’s aspiration to build a sustainable future and the Paris Agreement, the group has committed to set Science-Based Targets.
