MSCA Newsletter Volume 6

Energy Efficiency

Sunway shines in energy efficiency, evident in its triumph at the Sustainable Business Awards Malaysia 2020/21, excelling in the categories of "Sustainability Strategy" and "Energy Management.". Recognizing the paramount importance of minimizing energy consumption in the pursuit of decarbonization, Sunway is dedicated to ensuring efficient energy consumption and management across its diverse business segments. With a firm commitment to surpassing energy intensity targets, the company aims for a consistent annual reduction of 3.5% to 4% up to 2030. This ambitious endeavour aligns seamlessly with the IPCC target, striving for a 45% reduction in carbon emissions by 2030.

Renewable Energy (Solar)

Source: Sunway – Sunway City

Since 2018, the company has been steadfast in reducing reliance on fossil fuels, particularly through the installation of solar panels across key properties such as Sunway University, Sunway Monash Residence, Canopy Walk, Sunway VCP, Monash University Malaysia, Sunway Pyramid, Sunway Big Box Retail Park, and Sunway International School Iskandar. In 2022, this commitment expanded with the installation of solar PV panels in additional buildings, including Menara Sunway, Sunway Carnival Mall, Sunway Resort Hotel, and Sunway Giza Mall. As of December 2022, Sunway generated 9,743 MWh of clean energy.

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MSCA NEWSLETTER I VOL 6 I DECEMBER 2023

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