Overview
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.
Our Commitments
As we progress on our sustainability journey, we strive towards embedding Environmental, Social and Governance (“ESG”) practices across our entire business operations.
Environmental
At Lagenda, our aim is to progressively embed the key concepts of resource stewardship, environmental preservation, and reduction of our environmental footprint within our business model.
Social
At Lagenda, our aim is to create a positive impact wherever we operate. We prioritise human rights, well-being of our employees, partners, and communities, and value creation for all stakeholders. Social responsibility is at the core of our ethos, and we actively give back to society by creating lasting positive impacts in our communities.
Governance
At Lagenda, we value governance and integrity as the bedrock of our business. We believe that good business ethics and governance reduce risks, enhance credibility, and increase brand value.
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 51% female representation in the workforce
Installed of 4,075 units of rainwater harvesting systems to promote water efficiency
• 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.
• Community Engagement Activities
• Planted 27,337 plants
• Employed IBS to manage construction materials
• 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.
• Adopted 5 policies to bolster environmental and social stewardship
• Recorded zero incidence of corruption
