Sustainability is Our Priority as We Enhance Lives, Enrich Communities and Shape a Better Future.
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. The following are our commitment towards sustainability:
Malakoff’s sustainability approach is guided by globally recognised frameworks, including the United Nations’ Sustainable Development Goals (UN SDGs). These goals align with the expectations of our diverse stakeholders and help us proactively address potential organisational risks. As part of this commitment, we have adopted 13 of the 17 UN SDGs, selecting those most relevant to our vision and mission.
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.
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.
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.
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.
Committed to innovative solutions and sustainable practices to minimize our carbon footprint and protect the planet
LEVEL 12, BLOCK 4, PLAZA SENTRAL, JALAN STESEN SENTRAL 5, 50470 KUALA LUMPUR, MALAYSIA
