Hap Seng Group recognises the importance of long-term sustainability and has adopted key principles in balancing development and the preservation of our environment while creating value for our stakeholders, which is to the Group, a win-win situation.
With the country gearing towards sustainable development, our property division’s development strategy in the Klang valley is synchronised with the Kuala Lumpur City Structure Plan 2020 which is aimed at transforming Kuala Lumpur into a green city by 2020.
As a responsible developer, Hap Seng Land has embraced DBKL’s vision of making Kuala Lumpur a world-class city, by playing our part in reducing the carbon footprint in the city. All our new developments in the Klang valley will comply with internationally recognised sustainability certification such as Malaysia’s Green Building Index (GBI).
To date, Menara Hap Seng 2, The Horizon Residence and Nadi Bangsar Service Residence are green developments that conform to the GBI.
Menara Shell, our latest investment property, is the first-of-its kind commercial building in Sabah with green building certification from the US Green Building Council. The LEED certified office tower features advanced green technologies to ensure energy-efficiency and eco-friendliness. Plaza Shell is envisaged to become the benchmark in for commercial towers in Kota Kinabalu.
Sustainable practices have always been part of our plantation division’s priority and we have been working to realign our business operation to internationally recognised sustainability framework.
This was why our company was one of the first to join the Roundtable on Sustainable Palm Oil (RSPO), an organisation established to promote the growth and use of certified sustainable palm oil (CSPO). To-date, all our mills are RSPO certified.
Taking a step further, we are also International Sustainability and Carbon Certification (ISCC) European Union certified. The ISCC is a system for certifying the biomass and bioenergy industries, oriented towards the reduction of greenhouse gas emissions, sustainable use of land, protection of natural biospheres and social sustainability.
In October 2015, Hap Seng Plantations published its inaugural 2014 Sustainability Report under the Global Reporting Initiative (GRI4) framework.
This initiative allows for data based internal learning as well as continuous improvement in all areas that are material to the plantation group, especially when they are benchmarked against global players in the same industry.
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