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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
2024

  • Maintained presence in the FTSE4Good Index Series, confirming continuous ESG excellence.
  • Defined a clear Net Zero Carbon Emissions by 2050 Roadmap, setting ambitious and strategic environmental targets.
  • Instituted Group Sustainability Policy and Group Sustainable Procurement Policy.
  • Secured 28.67MW green power capacity under the Corporate Green Power Programme, advancing towards cleaner energy.
  • Awarded in The Edge Malaysia ESG Awards 2023 for the most improved performance.
  • Enacted four foundational sustainability goals to driven corporate accountability.
  • Introduced a Grievance Mechanism to demonstrate the Group’s commitment to transparency and stakeholder engagement.

Our Approach to Net Zero Carbon Emissions by 2050 Roadmap

Our Sustainability Goals and Achievements

Economic Prosperity

Advancing Economic Prosperity through Sustainable Value Creation
All new suppliers have undergone environmental and social risk assessments

Climate Resilience

Powering towards Greater Climate Resilience for a Sustainable Future
Reduce electricity consumption by 1.5% from 2022

Social Enrichment

Enriching Communities and Workplace through Ethical Engagement
Implemented Grievance Mechanism to reinforce commitment to a fair and transparent workplace

Good Governance

Strengthening Ethical Excellence, Accountability, and Strong Governance across the Company
Governed by newly established Group Sustainability Policy and Group Sustainable Procurement Policy

Our Policies

HUMAN RIGHTS
POLICY

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Workplace Harassment
Policy

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Environmental Policy
Statement

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GROUP SUSTAINABLE
PROCUREMENT POLICY

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OCCUPATIONAL SAFETY
AND HEALTH POLICY

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GROUP SUSTAINABILITY
POLICY

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

LBS Sustainability Report

LBS Sustainability Report

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2023

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2022

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2021

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2020

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2019

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2018

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2017

LBS Sustainable Financing

LBS Sustainable Financing

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
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Plaza Seri Setia, Level 1-4,
No. 1, Jalan SS9/2,
47300 Petaling Jaya,
Selangor, Malaysia
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