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  • Accolades | Malakoff Corporation Berhad | Kuala Lumpur

    Leading our nation towards a cleaner, brighter future. Accolades A trip down memory lane of a list of achievements earned through tenacity, passion and commitment demonstrated by #TeamMalakoff. Select Year Sustainability and CSR Malaysia Awards 2024 Company of the Year (Energy Generation) for Community Care and Environmental Conservation AEON 1000 Suppliers Awards & Partners Conference 2022 AEON ESG Partner Award 2022 - Malakoff Radiance Sdn Bhd Enlit Asia Award 2023 Independent Power Producer of the Year Best Associate Business Continuity Professional (ABCP) Award 2020 Category Associate Business Continuity Professional (ABCP) of the Year Sustainability and CSR Malaysia Awards 2023 Company of the Year (Energy) for Sustainable Leadership Award Business Continuity Management (“BCM”) Team of the Year Award 2020 Category Team of the Year 1 2 3 ... 9 1 ... 1 2 3 4 5 6 7 8 9 ... 9

  • Malakoff | Enhancing Life, Enriching Communities

    Our Purpose Enhancing Life. Enriching Communities. Our Business Thermal Power Generation Powering homes and businesses View more Renewable Energy Transitioning to a cleaner energy future View more Environmental Solutions Providing a clean and safe environment View more Water Desalination Fresh, potable water for millions of homes View more Electricity Distribution & District Cooling System Delivering comfort in the center of Kuala Lumpur View more Operations & Maintenance (O&M) Ensuring consistent and uninterrupted energy & water delivery View more Project Management Services Ensuring smooth running of operations View more In The News 9 May 2024 Lumut and Prai Power Plants Embrace the Joy of Hari Raya Read more 29 April 2024 TBPP and TBE Successfully Holds “Majlis Hari Raya Kompleks Tanjung Bin” Read more 18 April 2024 Malakoff Encourages Al-Quran Recitation Throughout Ramadan Read more

  • Sustainable Financing | Malakoff

    Sustainable Financing Sustainable Finance Framework Read More Independent Second Party Opinion by MARC Read More Please click the following links for more info:

  • Press Releases | Malakoff Corporation Berhad | Kuala Lumpur

    Sharing important news and updates for you and the community. Press Releases Get latest updates and news on Malakoff and the communities where we operate. News Media Clippings Press Releases Select year 19 July 2024 MALAKOFF AND SUBSIDIARY, ALAM FLORA, RECOGNISED AS ‘COMPANY OF THE YEAR’ FOR SECOND CONSECUTIVE YEAR AT THE SUSTAINABILITY & CSR MALAYSIA AWARDS 2024 Download 24 May 2024 Malakoff Builds on Renewable Energy Momentum With The Acquisition of ZEC SOLAR and TJZ SURIA Download 5 February 2024 Malakoff Assigned “Gold” Impact Assessment For its Sustainable Finance Framework Download 29 May 2024 Malakoff Back In The Black With Q1 FY2024 Net Profit of RM62.2 Million Download 1 March 2024 Malakoff wins Gold award at AIGA 2023 Download 16 January 2024 Shaping Malaysia's Green Future by Harnessing Advanced Nuclear Technology Download 26 May 2024 Malakoff Launches Biomass Co-Firing Project To Accelerate Malaysia's National Energy Transition Roadmap Download 23 February 2024 Malakoff Registers a Loss in Q4 FY2023 Despite a Revenue of RM2,262.4 MILLION Download 12 December 2023 Malakoff Delivers Solar Power Solutions to Railway Assets Corporation and Keretapi Tanah Melayu Berhad in Support of NETR's Green Mobility Initiative Download 1 2 3 ... 22 1 ... 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 ... 22

  • Sustainability | Malakoff Corporation Berhad | Kuala Lumpur

    Enhancing the quality of life and empowering the communities where we operate. Sustainability Agenda Sustainability Statement Corporate Governance Sustainability Agenda Our Sustainability & ESG Initiatives Key ESG Practices And Sustainability Development Goals A Sustainably Conscious Organisation As a sustainably conscious organisation, we take a three-pronged holistic approach towards sustainability, covering all business areas. We believe our approach of embedding the triple bottom line into our business operations, objectives, and goals ensures that the Group will remain relevant in the longer term. Commitment Towards Sustainability Easy access to Reliable power, clean water, and effective waste disposal. Greener energy sources From fossil fuels to renewables. Cleaner environment Effective and efficient waste management as part of a circular economy. Group-wide Sustainability Development Goals The 17 Sustainable Development Goals (SDGs) of the 2030 Agenda for Sustainable Development were all adopted by all members of the United Nations community to achieve a better and more sustainable future for all. We have adopted the following goals: Environmental Sustainability Amongst our commitment to help maintain environmental sustainability is reducing carbon emission of our operations across the Group. This initiative is made possible through waste diversion activities which include the segregation of recyclable waste and recovery activities. Committed to Fulfilling Sustainable Development Goals Objectives In fulfilling the SDGs, we have been actively promoting the new sustainable economic concept to ensure the public has access to proper sustainable waste management and facilities. Transition to a Cleaner Energy Future As part of our commitment to mitigate the impacts of climate change, we have committed to transitioning towards a cleaner energy future by developing RE assets within the areas of solar, small hydro, biogas and waste-to-energy. Along with this, the viability of our thermal plants is even more relevant today, as thermal plants can produce energy more efficiently than conventional plants. This commitment is in line with our desire to be an energy-efficient manufacturer, in support of the Government’s target to achieve 31% RE capacity in the national energy mix by 2025. Circular Economy in Waste Management Under the SDG 12 objective, we aim to "do more and better with less" to tackle waste management. For starters, the linear economy becomes a disadvantage to the environment due to its take, make, and dispose concept. As such, we plan to transition to change our way of delivering products and services from that of linear economy into an eco-friendlier one. This way, resources are maintained and waste eliminated as best possible to achieve a sustainable circular economy. For example, we use the 5R of waste segregation via Refuse, Reduce, Reuse, Recover and Recycle. Our Initiatives Towards Reducing Carbon Footprint

  • Sustainability Statement 2016

    Enhancing the quality of life and empowering the communities where we operate Back Sustainability Statement 2016 Malakoff Annual Report 2016 - Sustainability Statement OUR COMMITMENT TO CREATING SUSTAINABLE VALUE Malakoff Corporation Berhad (“Malakoff” or “the Group”) has grown progressively over the years and is today a leading regional independent power and water producer with operations in Malaysia, Saudi Arabia, Bahrain, Algeria, Oman and Australia. As we set about our daily business of helping shape economies, society and businesses through our diverse offerings, we acknowledge the need to create long-term shared value for our stakeholders and to secure the future of the Group. In line with this, we are committed to upholding responsible management and sustainable development on the Economic, Environmental and Social fronts. Today, the businesses within Malakoff continue to work together, leveraging on common synergies and resources to integrate business sustainability into their respective organisations. By embedding sustainable progress throughout the Group, we are providing the momentum for our businesses to strengthen their operational efficiencies and deliver long-term growth. For the full Sustainability Statement as published in the Malakoff Annual Report 2016, kindly follow the button below: Document Malakoff Annual Report 2016 - Sustainability Statement

  • Sustainability Statement | Malakoff Corporation Berhad | Kuala Lumpur

    Enhancing the quality of life and empowering the communities where we operate. Sustainability Agenda Sustainability Statement Corporate Governance Sustainability Statement An overview of our sustainability practices and performance for each financial year. Sustainability Statement 2023 Read More Sustainability Statement 2020 Read More Sustainability Statement 2017 Read More Sustainability Statement 2022 Read More Sustainability Statement 2019 Read More Sustainability Statement 2016 Read More Sustainability Statement 2021 Read More Sustainability Statement 2018 Read More

  • Pre-Qualification Notice | Malakoff Corporation Berhad | Kuala Lumpur

    Pre-Qualification Notice Tender Notice content Pre-Qualification Notice Pre-Qualification Tender No. Pre-Qualification Notice Closing Date Details Download 1 2 3 ... 100 1 ... 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 ... 100

  • Sustainability Statement 2019

    Enhancing the quality of life and empowering the communities where we operate Back Sustainability Statement 2019 Malakoff Annual Report 2019 - Sustainability Statement DEAR STAKEHOLDERS, I am pleased to present an update on key sustainability initiatives that Malakoff Corporation Berhad had undertaken during the year 2019. This report encapsulates the measures we have taken and ways we have worked with all our stakeholders to generate power with a purpose, which is to fuel our nation’s growth in a responsible manner. World leaders have long agreed that a rapid response is needed to combat climate change and action groups have implored lawmakers to act to limit rising temperatures. A concerted effort around the world led to a target to limit global average temperature increase to 1.5°C, which can only be realised with a major global energy industry transformation and change in consumption trends. This comes amidst world population growth and global economic expansion that sets the stage for an explosion of energy demand, which is projected to rise by as much as 27% by 2040, and puts immense pressure on landfills across the globe with municipal solid waste expected to reach a whopping 2.2 billion tonnes by 2025. To support this global climate agenda, various industry groups have announced measures to reduce emissions, including the energy sector, leading to an unprecedented transition in our industry as it heads towards low-carbon energy with wind and solar power generation expanding rapidly in many parts of the world. Industry players are racing to generate cleaner energy, led by wind and solar, boosting investments in renewable assets with Renewable Energy (“RE”) possibly tripling over the next two decades in order to depress carbon emissions by around 30%. For us at Malakoff, we can and must respond effectively to the global agenda of climate change. Therefore, we make our business decisions with decarbonisation in mind, investing in new technologies and working aggressively to grow our RE portfolio whilst ensuring continued reliable and affordable electricity supply to our communities. Meanwhile, we are encouraged by the Malaysian government, who has set a national target of 20% RE generation by 2025, to further develop the renewables market through a number of initiatives. The availability of these government initiatives and other opportunities in the market pave the way for Malakoff to work towards its aspiration of more than 1,000 MW in renewable power generation capacity. Meanwhile, waste remains one of our core strategies. Our ambition is to accelerate the reuse and recycle of power generation waste such as ash and waste water, as well as employ newer waste treatment technologies for sustainable outcomes. Plans are afoot to venture into Waste-to-Energy as a complementary source of power generation. Efforts to enhance energy efficiency at our buildings is also part of our green initiative. Evidently sustainability is more than just the focus of producing electricity simply to meet the nation’s demand. We understand that sustainability is important to our stakeholders and recognise the need to make a positive impact on our environment as well as creating opportunities for our communities while continuing our role in powering economic activities. Additionally, as an international power and water industry player especially in the Middle East and North Africa (“MENA”) region, most of Malakoff’s power and water assets abroad are in compliance with local and international environmental standards with the objective to minimise the negative impacts on the environment. Therefore, at Malakoff, sustainability is prioritised in the boardroom, integrated into our strategy, actions and embedded into our work culture, and followed through with affirmative action. Our five-year Business Plan will guide us to shape a more sustainable future by generating energy in a sustainable and responsible manner, taking into account impact on the community and environment. As a responsible industry steward, strict compliance with laws and standard operating procedures are expected of us while greater transparency and disclosure to help our stakeholders better understand our challenges and strategies also form part of our obligations. Our move to create a healthy, safe and secure workplace for all who work with us, support our community, safeguard people and the environment, and work cohesively to tackle climate change, help us sustain the Group’s long-term success. We are confident that our sustainability strategies outlined in this Statement will support our growth momentum along with economic, environmental and social priorities. We are encouraged by the positive outcome from our response to mitigating the various impact of our business operations and strengthening the Group with continued compliance, resource management, cleaner electricity options, and investment in emerging technologies. Our journey continues with the support of our pool of talents working in a harmonious work environment with open engagement and equal opportunities, and the strong relationships we built with local communities alongside our outreach programmes that have helped shape the future of our youths. We are convinced that our sustainability strategy will help us remain resilient and relevant in this time of change as we operate more efficiently, manage the impact from our business, find ways to respect and better care for our people as well as protect our environment. I thank you for your interest in our sustainability efforts. DATO’ AHMAD FUAAD KENALI Chief Executive Officer For the full Sustainability Statement as published in the Malakoff Annual Report 2019, kindly follow the button below: Document Malakoff Annual Report 2019 - Sustainability Statement

  • Sustainability Statement 2021

    Enhancing the quality of life and empowering the communities where we operate Back Sustainability Statement 2021 Malakoff Integrated Annual Report 2021 - Sustainability Statement Environmental management plays an important role in the business management and operations of Malakoff, as it enables us to identify and mitigate the Group’s business impact on the environment and the health and well-being of our communities. We recognise our responsibility in leading the corporate community in preserving the environment and conserving natural resources while reducing carbon emissions to contribute to a low-carbon future. Lack of environmental management in our operations will affect our biodiversity and ecological system, ultimately threatening our future generations. Our environmental management is anchored on three pillars, which guide us on our path to a more sustainable and greener future. To ensure we adopt and employ best industry practices, we subscribe to ISO 14001:2015 certification and remain guided by our robust Environmental Policy, which was established in 2014. The Policy has been reviewed and updated regularly, in line with changes in the standards and regulatory requirements. The Policy outlines our commitment to environmental protection by minimising our environmental impact, preventing pollution, reducing waste, conserving resources and promoting the recycling of waste. It also sets out our commitment to comply with all applicable statutory and regulatory requirements, apart from incorporating environmental management principles into corporate planning, strategy and implementation. Document Malakoff Integrated Annual Report 2021 - Sustainability Statement

  • Sustainability Statement 2018

    Enhancing the quality of life and empowering the communities where we operate Back Sustainability Statement 2018 Malakoff Annual Report 2018 - Sustainability Statement SUSTAINABILITY AT MALAKOFF At Malakoff, we are on a journey of balancing both the exploration of new ideas on sustainability and entrenching the steps that have already been taken. As a leading regional independent power and water producer, we strive to ensure our sustainability goals are relevant and contribute significantly to the advancement of the industry’s ecosystem. Historically, the power industry depended on fossil fuel energy sources such as oil, gas and coal which may have adverse impact on the environment. Global utilities particularly the Europeans are moving aggresively towards renewable energy. CAPITALISING ON GLOBAL TRENDS According to ExxonMobil’s Outlook for Energy: A view to 2040, the world population is expected to reach 9.2 billion by 2040, up from 7.7 billion today. Over that period, global Gross Domestic Product (“GDP”) will likely double. As a result, the per capita GDP is projected to rise signifi cantly particularly in the non-Organisation for Economic Co-operation and Development (“OECD”) countries. This growth will coincide with improved living standards, resulting in rising energy usage particularly in Asian countries like China and India. Global electricity demand is projected to rise by 60% between 2016 and 2040. Renewable Energy (“RE”), mainly solar and wind, is expected to triple between now and 2040 and will help lower CO2 intensity by around 30%. ACCELERATING THE GOVERNMENT’S PUSH FOR RE The Malaysian Ministry of Energy, Science, Technology, Environment & Climate Change (“MESTECC”) has set a goal of achieving 20% electricity generation through RE by 2025, a signifi cant increase from the 2% currently. In line with the Government’s aspiration, Malakoff is also aggressively pursuing an RE target of more than 1,000 MW (power generation capacity) by 2023. The proposed acquisition of Alam Flora Sdn Bhd serves as a stepping stone for the Group to penetrate the Waste Management and Environmental Services sector. Besides the opportunity to participate in this high growth sector through Alam Flora’s exclusive concession, Malakoff will also be able to leverage on waste as a source of energy thus complementing its power generating activities. The Group will also be able to play a role in accelerating the Government’s zero-single use plastic roadmap by 2030, through Alam Flora’s non-concession business which deals with recycling initiatives and waste treatment technology. The concept of 3R – Reduce, Reuse and Recycle – will be crucial in reducing plastic pollution. ENHANCING OPERATIONAL EXCELLENCE The Group continues to maintain sustainable performance through continuous improvements in operational efficiency. Continuous business improvement undertaken include creating an innovative culture, implementing best practices across our operations and ensuring a safe working environment. EMPOWERING PEOPLE Having a robust and energised workforce ensures that business goals and aspirations are attainable particularly in a challenging business environment. THE PATH AHEAD Moving forward, our business strategy will focus on adapting to the new way of doing business taking into consideration the rapid transformation in the power generation industry. Whilst we will continue in our efforts to achieve operational excellence for our plants, the Group will aggressively pursue opportunities in high growth areas in both conventional and RE power generation as well as waste management and environment related services to achieve sustainable growth for Malakoff. DATO’ AHMAD FUAAD KENALI Chief Executive Officer For the full Sustainability Statement as published in the Malakoff Annual Report 2018, kindly follow the button below: Document Malakoff Annual Report 2018 - Sustainability Statement

  • Sustainability Statement 2017

    Enhancing the quality of life and empowering the communities where we operate Back Sustainability Statement 2017 Malakoff Annual Report 2017 - Sustainability Statement Globally, guided by the UN’s Sustainable Development Goals, governments and organisations are working towards reducing energy intensity, mainly contributed by improved efficiencies, especially in industrial and transportation sectors. Some of the efforts to reduce energy emissions include adoption of clean technologies, the imminent shift to renewables and introduction of innovative product and policy solutions. The coordinated and consolidated efforts across the world are expected to limit the rise in global temperature at 2 degrees Celsius. Malaysia has also pledged for a voluntary reduction of up to 40% of emissions intensity per unit of GDP by the year 2020 compared to her emission levels in 2005. In trying to meet this target, Malaysia continuously review the National Energy Policy to ensure secure, reliable, cost-effective and sustainable energy. Most recently, the government has moved from its four-fuel to five-fuel policy, to include RE along with oil, gas, coal, and hydro. The Eleventh Malaysia Plan (11MP) has also set an ambitious target to build the RE capacity to 2,080 MW by 2020. Globally, scalability and affordability of renewable energy are improving due to advancement in technology. The European utilities are moving away from coal even during the time when coal prices are going down. Of late, banks and long term investors such as pension funds are becoming more selective towards environmental friendly products and services. Due to rapid advancements in technology, Solar PV, wind (onshore) and biomass project tariffs are getting as competitive as conventional plants. Against this backdrop, we believe that our role as a credible power and water producer is even more critical to not only support the aspirations of the government, but to also accelerate our efforts towards improving our energy-mix and energy efficiencies, while closely reviewing at our operations in all our key markets to effectively manage our ESG impacts. Towards this end, our commitment will go beyond embracing sustainable business practices. We will work with our stakeholders including authorities, investors, partners, service providers, employees and communities to adequately meet the present needs of power and water. We will also take greater responsibility to ensure that our current actions will positively contribute towards improving access to affordable, reliable, sustainable and modern energy for the future generations. Moving forward, we will continuously identify and capitalise on common synergies, strengths and resources to integrate sustainability into our day-to-day business operations and behaviour. Our end objective is to improve our operational efficiencies and deliver long-term growth and value for all our stakeholders. Our second Sustainability Statement (“the Statement”) documents various policies, programmes and commitments in relation to our ESG impacts. The Statement also outlines our approach to improving and growing our business operations in a responsible and sustainable manner, with unwavering commitment to our stakeholders and other interested parties. DATO’ AHMAD FUAAD KENALI Chief Executive Officer For the full Sustainability Statement as published in the Malakoff Annual Report 2017, kindly follow the button below: Document Malakoff Annual Report 2017 - Sustainability Statement

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