Operating Responsibly
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Our approach to environmental stewardship is a balance between the pursuit of socio-economic, environmental sustainability and prosperity.
Climate change, scarcity of resources and improper management of waste and effluents are pressing environmental issues on a global scale that have the potential to pose regulatory, physical and reputational risks to Sime Darby’s operations in the medium to long term. It is therefore imperative that the Group’s environmental footprint is proactively managed.
Climate Change
We are committed to minimising the impact we have on the environment by improving our environmental performance and reducing our environmental footprint.
The increased global focus on sustainability, particularly on the impact of climate change are being highlighted as posing financial and non-financial risks to societies and businesses.
To address the impact of climate change and to lower our carbon emissions, we have set a CO2 reduction target to reduce our emissions (Scope 1 and Scope 2) by 30% by 2030 against 2020 levels.
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Note: This data has been consolidated across the Group (excluding joint-venture companies and companies where the Group does not have operational control), a limited internal review has been undertaken. Assurance by third party is planned for future disclosures.
With a global footprint across 19 countries, we take an integrated and macro approach to monitoring and managing our carbon emissions and energy consumption levels.
We are continuing to refine, develop and implement our mitigation activities and projects and will perform further research towards reducing our Scope 1 and 2 emissions and energy consumption.
Note: This data has been consolidated across the Group (excluding joint-venture companies and companies where the Group does not have operational control), a limited internal review has been undertaken. Assurance by third party is planned for future disclosures.
Environmental Conservation
We also support the protection of the environment and the conservation of biodiversity through the funding of Yayasan Sime Darby (YSD) and through partnerships with various environmental agencies and NGOs.
YSD supports world-class scientific research, with the aim of translating results into action, while developing highly capable local researchers. YSD also supports initiatives and campaigns that encourage and empower communities to live sustainably by adopting green and sustainable practices in their lifestyle.
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