ESG

Driving sustainable growth through strong ESG principles and practices.

Our Commitments

As a socially conscious developer, our business model is built on recognising the importance of the sustainability spectrum. We provide affordable housing for the Bottom 40 percent (“B40”) and Middle 40 percent (“M40”) market segments, while embracing the quality and innovation based on ESG principles.

As we progress on our sustainability journey, we strive towards embedding Environmental, Social and Governance (“ESG”) practices across our entire business operations.

Our Commitments to Global and National Sustainability Agenda

In support of the global sustainable development agenda set by the United Nations and the government of Malaysia, we have aligned our ESG initiatives with 14 of the 17 Sustainable Development Goals as well as the relevant deliverables on Affordable Housing under the 12th Malaysia Plan.

Distributed food aid to urban poor

Provided access to nutritious food, addressing hunger and malnutrition, and distributed Bubur Lambuk to residents and those in need.

• Provided employees with health insurance and medical benefits

• Provided public park infrastructure for recreation of residents

• Provided health and safety training to our staffs through OHS policies and procedures

Employees are encouraged
to engage in continuous learning through training programmes

• Non-discriminatory in employment and equal opportunity for all

• Recorded 50% female representation in the workforce

Installed more than 5,800 rainwater harvesting system

• Invested in and installed energy efficient lighting system

• To install 1,000 residential solar photovoltaics (“PV”) systems across our three (3) township projects

• Practiced equal opportunity employment

• Provided employees with safe and secure workplace

• Created job opportunities

Donating to promote equitable access to education and healthcare.

• Provide over 30,000 affordable homes since 2016

• Community Engagement Activities

• Planted more than 29,000 of trees

• Employed 100% local procurement

• Reduced amount of landfill
waste through prefabrication of materials

Implementing renewable energy solutions and promoting sustainable practices to combat climate change.

Protecting marine ecosystems, reducing pollution through participation in beach clean-up and recycling initiatives.

• Zero environmental related non –compliance

• Planted more than 29,000 of trees

• Adopted 5 policies to bolster environmental and social stewardship

• Recorded zero incidence of corruption

Sustainability Statement

Our Sustainability Governance Structure

At Lagenda, strong governance and visionary leadership are the cornerstones of our commitment to driving responsible, long-term growth. Sustainability is embedded within our organisation through a top-down approach, aligned with the Malaysian Code on Corporate Governance and guided by industry best practices.

The Board Sustainability Committee is anchored in setting the strategic direction, while our Sustainability Working Committee ensures the integration of sustainability initiatives across all areas of our operations, driving the tangible realisation of our sustainability goals.

Ensuring high-level strategic direction, compliance, and sustainability performance are aligned with the company’s objectives and stakeholder interests.

The Board Sustainability Committee supports the Board of Directors in overseeing the sustainability strategy, encompassing the Economic, Environment and Social aspects and the integration of Sustainability Risks and Opportunities, including managing stakeholders’ expectations and ensuring compliance with relevant laws and regulations.

The Sustainability Working Committee leads the development and execution of Lagenda’s sustainability strategy, including overseeing the implementation of related policies, strategies, disclosures, initiatives, and targets.

The Committee serves as a vital link between leadership and operational teams, ensuring alignment and effective execution of sustainability efforts. It also collaborates with a cross-functional working group comprising representatives from all departments, directly linking performance to the achievement of sustainability goals.

Sustainability Governance Policies

Sustainability Initiatives – At a glance

At Lagenda, we understand the importance of taking sustainability initiatives and engaging in Corporate Social Responsibility (CSR) to reduce our environmental impact and create value for our stakeholders.

Here’s a closer look at our sustainability initiatives and CSR commitments:

Participation in Earth Hour 2024

We participated in Earth Hour 2024 on 23 March 2024 by switching off non-essential lights and electrical appliances from 8:30pm to 9:30pm. This initiative reflects our commitment to environmental responsibility and promotes awareness of energy conservation and climate change. To encourage participation, we shared a poster on our internal communication platform, inspiring employees to take part from home. Our efforts were also recognised in the “WWF Thank You Report” for supporting Earth Hour.

Sustainability Day

In conjunction with World Sustainability Day, we collaborated with Ipoh Refill to deliver an insightful talk on “Zero Waste Living.” During the session, participants learned about sustainable practices and practical ways to minimise waste in their daily lives.

Additionally, we organised engaging activities such as recycling waste and collecting used cooking oil to encourage hands-on participation in sustainable practices. During this event, we successfully recycled 180kg of various materials, including e-waste such as a television, an LCD monitor and a vacuum cleaner, along with 100kg of used cooking oil.

Mangrove Planting Programme

24 participants from Lagenda, along with their families, joined the Persatuan Aktivis Sahabat Alam (“KUASA”) in a meaningful mangrove planting initiative, successfully planting nearly 700 mangrove saplings at Changkat Keruing, Perak. This effort contributes to restoring and protecting coastal ecosystems, which play a vital role in combatting climate change. Through this collaboration with KUASA, we continue to strengthen our sustainability efforts, emphasising the importance of proactive environmental stewardship and community-driven conservation actions.

Pangkor Green Project: Pangkor Conservation Day

In line with our environmental goals, we participated in Pulau Pangkor Conservation Day at Teluk Giam, Pulau Pangkor. We planted trees and conducted beach cleaning, including kayak and diving cleanup, with the aim of promoting environmental awareness and emphasising the importance of local flora and fauna.

Rainwater Harvesting

We have installed cumulative of more than 5,800 units of rainwater harvesting system at individual units to promote water efficiency, contributing to significant water reduction.

Employee Engagement Programme

We organised several employee engagement activities, including departmental domestic travel, teambuilding, sport events, festive celebration and other initiatives.

Community Garden

We have launched the Community Garden Project in collaboration with the Majlis Perbandaran Manjung and Jabatan Pertanian Perak as part of our 5R campaign. This initiative aims to promote food security and environmental awareness in the local community.

5R Recycling Campaign

We accelerated our 5R Waste Management Campaign by conducting Waste-to-Cash Vouchers Recycling Day, Donation and Recycling Drive. In conjunction with the campaign, our focus are to promote recycling behaviors and upcycling approach, and to provide recycling infrastructure, such as fabric bin at our township.