CYBERVIEW ESG STRATEGY & IMPLEMENTATION “Through this framework and 5-year roadmap, we want to ensure that the implementation of sustainability initiatives and projects within Cyberjaya further its status as the preferred sustainable investment destination for global investors in the tech sector and increase the vibrancy of the city’s communities” - Dr. Mohd Hafiz Ibrahim, acting MD, Cyberview Sdn Bhd
KEY COMPONENTS
Sustainability Governance Structure
ESG Framework
5-Year Roadmap (2023-2027)
Sustainability Policy
Cyberview, tech hub developer of Cyberjaya, has announced its Environmental, Social, and Governance (ESG) framework and 5-year roadmap. The Sustainability Policy serves as a statement outlining Cyberview's commitment and approach to ESG-related pillars. The ESG framework on the other hand aims to develop Cyberjaya into a low-carbon, smart city through energy efficiency, sustainable buildings, and waste management. Social initiatives will focus on fostering a high-performance workforce and robust communities. While the roadmap contains a comprehensive action plan to achieve goal, objectives, and targets, governance structure has clearly defined operational, management, and executive roles and responsibilities to promote accountability and informed decision-making.
ESG FRAMEWORK
The framework aims to create long-lasting impacts based on six UN Sustainable Development Goals: Affordable and Clean Energy, Decent Work and Economic Growth, Industry, Innovation and Infrastructure, Sustainable Cities and Communities, Climate Action, and Peace, Justice and Strong Institutions. Proactive ESG strategy aligned with corporate objectives can demonstrate sustainability importance to consumers and increase accountability. A well-developed ESG strategy can provide a competitive advantage by meeting pre-tender and contractual requirements while highlighting responsible approaches to climate change, stakeholder wellbeing, and governance. Strong ESG strategies also lead to increased cost savings, better business performance, reduced risk, and alignment with international standards.
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MSCA 2023 I VOL.5
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