SUSTAINABILITY
At LBS, Sustainability Is More Than A Commitment – It Is A Fundamental Pillar Of Our Business Strategy That Guides Our Growth And Shapes Our Responsibilities As A Leading Property Developer.
Dato’ Lim Mooi Pang
Executive Director
LBS Sustainability Committee Chairperson
SUSTAINABILITY
IN ACTION
Guided by Economic, Environmental, Social and Governance (EESG) principles, we integrate sustainability into every decision we make. It is how we deliver long-term value, strengthen communities, and prepare for the challenges of tomorrow.
SUSTAINABILITY FRAMEWORK
Aspiration
To shape a resilient and thriving future by embedding sustainability into every aspect of our business to create long-term value for people and planet, for generations to come.
Guided by robust sustainability practices, global ESG standards, and strong governance, we uphold integrity, consistency, and a deep commitment to creating positive impact—for people, communities, and the planet.
Sustainability GOVERNANCE
CORE PILLARS
Economic
Prosperity
- Economic Performance
- Product Quality and Customer Experience
- Market Presence and Branding
- Innovation and Technology
- Supply Chain Management
Climate
Resilience
- Climate Risks
- GHG Emissions and Energy Management
- Water Management
- Waste Management
- Materials Management
- Biodiversity Conservation
Social
Enrichment
- Talent Management
- Labour Practices and Human Rights
- Diversity, Equity and Inclusion
- Occupational Safety & Health
- Local Community Development
Good
Governance
- Anti-Corruption
- Corporate Governance
- Regulatory Compliance
- Data Privacy and Cybersecurity
Our EESG Journey
Key achievements in our sustainability journey.
- Achieved pivotal milestone with RM88.4 MIL green financing from Alliance Bank for 43 MWP Solar Farm project.
- Established Code of Business Conduct and Ethics.
- Established Anti-Bribery and Corruption (ABC) Working Team and ABC Framework.
- M3 Mall formalised partnerships with 20 anchor tenants through the M3 Green Lease Campaign MoU signing, marking the first batch to come onboard and reinforcing our collective commitment to sustainability.
- Issued the first tranche of the ASEAN Social SRI Sukuk Wakalah, valued at RM200.0 MIL, awarded in the IFN Sustainability Deal of the Year 2024 and the IFN Malaysia Deal of the Year 2024.
- Expanded into renewable energy sector by awarding a RM104.0 MIL Engineering, Procurement, Construction, and Commissioning (EPCC) contract to Solarvest under the CGPP.
- Signed a MoU to explore the development of a 10GW green hydrogen facility in Sabah.
- Became one of the early adopters of the Centralised Sustainability Intelligence (CSI) Solution, introduced by Bursa Malaysia.
- Recognised as an official supporter of the Taskforce on Nature-related Financial Disclosures (TNFD).
- Publicly declared support for the Task Force on Climate-related Financial Disclosures (TCFD).
- Defined a clear Net Zero Carbon Emissions by 2050 Roadmap.
- Instituted Group Sustainability Policy and Group Sustainable Procurement Policy.
- Awarded in The Edge Malaysia ESG Awards 2023 for the most improved performance.
- Established Sukuk Wakalah Programme and achieved GOLD standard in Sustainability Financing Framework.
- Established Sustainability Committee and Sustainability Management Team.
- Recognised in the FTSE4Good Index Series and achieved a 3-Star ESG Rating among PLCs assessed by FTSE Russell.
- Published the first standalone Sustainability Report.
- Established the Anti-Bribery and Corruption (ABC) Policy.
- Strengthened the risk management framework.
- Established Safety & Health Guidelines.
- Included in the FTSE Bursa Malaysia EMAS Shariah Index.
- Formed the Sustainability Working Group.
OUR NET ZERO CARBON EMISSIONS BY 2050 ROADMAP
In our commitment to achieve carbon neutrality by 2050, we have established a robust, KPI-driven roadmap with defined short-term, medium-term, and long-term goals — and we are already making strong progress toward our 2030 goals.
Sustainable Finance
Our Sustainability Financing Framework channels investments into projects that advance affordable housing, socioeconomic advancement and empowerment, green building, renewable energy/energy efficiency, pollution prevention and control and biodiversity conservation. By aligning with the UNSDGs, LBS ensures that every RM (Ringgit) raised contributes to long-term value for people, planet and progress.
Sustainable Finance Awards
ISLAMIC FINANCE NEWS AWARDS
- Malaysia Deal of the Year
- Sustainability Deal of the Year
ASSET TRIPLE A SUSTAINABLE FINANCE AWARDS
- Best ASEAN Social Sukuk
EUROMONEY ISLAMIC FINANCE AWARDS
- Asia’s Best Islamic Real Estate Deal
THE ASSET TRIPLE
A AWARDS
- Best Social Sukuk
- Best ASEAN Social SRI Sukuk – Real Estate Malaysia
SUSTAINABILITY REPORTS
Review how our commitments and transparency translate into measurable progress.
“Sustainability is every small step we take today towards a greener tomorrow.”
View all past Sustainability Reports
Sustainability Report 2024
ESG Benchmark
Fostering resilience, advancing social equity, and driving economic growth are central to our long-term goals. We align with global standards, international frameworks, and ESG rating tools to ensure accountability and progress.
Committed to the UNSDG
