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Sustainability

Our Sustainability Milestones

2017
  • Commenced sustainability reporting by guidance of Bursa Malaysia’s Sustainability Reporting Guide
2018 - 2019
  • Formed Sustainability Working Group
  • Aligned ESG disclosures to globally recognised frameworks
2020
  • Developed ABC Policy
  • Strengthened risk management framework
  • Developed Safety & Health Guidelines
2021
  • Published first standalone Sustainability Report
  • Formed Board-level Sustainability Committee and Group Sustainability
2022

  • Inclusion in constituent of the FTSE4Good Index Series
  • Achieved rating of 3-star by ESG Ratings amongst PLCs in FBM EMAS that have been assessed by FTSE Russell
2023

  • Remain inclusion in constituent of the FTSE4Good Index Series
  • Publicly declared support for the Taskforce
    on Climate-related Financial Disclosures (TCFD)
  • Established Approach to Net Zero Carbon Emissions by 2050 Roadmap
  • Established Group Sustainability Policy
  • Established Group Sustainable Procurement Policy

Our Approach to Net Zero Carbon Emissions by 2050 Roadmap

Our Sustainability Goals and Achievements

Economic Prosperity

Advancing Economic Prosperity through Sustainable Value Creation
Created more than 1,000 of job opportunities annually

Climate Resilience

Powering towards Greater Climate Resilience for a Sustainable Future
More than 75,000 kg of waste being recycled and prevented to send landfills since 2019

Social Enrichment

Enriching Communities and Workplace through Ethical Engagement
Since 2015, LBS Foundation has donated more than RM 6.5 million

Good Governance

Strengthening Ethical Excellence, Accountability, and Strong Governance across the Company
37.5% of women representative in the Board that comply to MCCG 2021 recommendation

Our Policies

HUMAN RIGHTS
POLICY

Workplace Harassment
Policy

Environmental Policy
Statement

GROUP SUSTAINABLE
PROCUREMENT POLICY

OCCUPATIONAL SAFETY
AND HEALTH POLICY

GROUP SUSTAINABILITY
POLICY

“Sustainability is every small step we take today towards a greener tomorrow.”

LBS Sustainability Report

Taking Each Step Towards Sustainable Development Goals

No Poverty
Zero Hunger
Good Health and Well-Being
Quality Education
Gender Equality
Clean Water and Sanitation
Affordable and Clean Energy
Decent Work and Economic Growth
Industry, Innovation and Infrastructure
Reduced Inequalities
Sustainable Cities and Communities
Responsible Consumption and Production
Climate Action
Life Below Water
Life On Land
Peace, Justice and Strong Institutions
Partnerships For The Goals