Sustainability has been central to the company’s agenda for more than 10 years. We have moved from developing our understanding of the sustainability paradigm (focusing on operational efficiency and Corporate Social Responsibility), to progressively broadening the approach of embedding sustainability into our business model and value chain in a holistic manner. We aspire to align ourselves to the ten principles outlined by the United Nations Global Compact (UNGC), which meets fundamental responsibilities in the areas of human rights, labour, environment and anti-corruption. These principles are reflected at the core of Sime Darby Property’s business practices and strategy, as well as a key component of its design and management approach.
This shift has resulted in the delivery of more sustainable townships and communities, in line with Goal 11 of the United Nations 2030 ‘Sustainable Development Goals’ (SDGs) and the intent of the United Nations, Habitat III ‘New Urban Agenda’. Developing large-scale townships has a long lasting impact and a stronger focus is given on minimising adverse externalities such as environmental degradation and social marginalisation through the creation of socially and economically vibrant communities. We are guided by an in-house developed sustainability index (SUSDEX). Like all journeys, the company continues to mature in its’ sustainability journey as it moves forward. During this process, the company has adopted a corporate sustainability model, which integrates the core essence of the definition of sustainability contained within the ‘Brundtland Report 1987’; whereby the 3 P’s (Our Sustainability Purpose) are expressed as, Contributing to a Better Society (People), Minimising Environmental Harm (Planet) and Delivering Sustainable Development (Prosperity), which intersect across our Sustainability Focus and Approach.
Sime Darby Property applies holistic solutions to integrate sustainability into our townships and subsequent communities to achieve meaningful place-making and a sense of community for each of these townships.
11 Sustainable Cities and Communities
Make cities and human settlements inclusive, safe, resilient and sustainable