Sunway partners European Union to advance sustainability initiatives

• Aims to raise awareness on sustainable practices in Malaysia
• Collaboration aims to advance sustainability through pooled strengths, knowledge & funding

Sunway Group and the Delegation of the European Union to Malaysia (EUD) have formed a strategic partnership aimed at advancing joint sustainability initiatives. This collaboration between Southeast Asia’s leading conglomerate and the world’s largest trading bloc underscores their shared commitment to achieving a net zero future, according to Sunway's statement.

The pressing challenges posed by climate change necessitate ambitious actions on sustainability. Through this partnership, Sunway and the EUD pledge to promote a sustainable and greener future by pooling their strengths, knowledge, funding, and engaging in collaborative initiatives.

Delegation of the European Union to Malaysia Chargé d’affaires a.i Timo Goosmann said, “The European Union is partnering with Sunway Group to raise awareness on sustainable practices in Malaysia. The EU has worked diligently to ensure that environmental sustainability becomes a common vision. At home, it has adopted the European Climate Law, which defines that Europe’s economy and society must become climate neutral by 2050.”

Sunway Group executive director of chairman's office Ong Pang Yen said, “This partnership reflects the spirit and importance of the United Nations Sustainable Development Goals (UN-SDG), in particular UN-SDG 17 – Partnership for the Goals. We look forward to working with the EU and its member states to do as much as we can in making meaningful and purposeful progress towards achieving as many of the UN-SDGs as possible here in Malaysia and throughout the region.”

Goosmann and Ong signed a Letter of Intent to formalise this partnership at a signing ceremony in Sunway City Kuala Lumpur, which was witnessed by Sunway Group CEO of Digital and Strategic Investments Evan Cheah and Embassy of Belgium in Malaysia deputy head of Mission Pierrick Massaux.

In Malaysia, the EU collaborates with various local organisations to mitigate climate change impacts and promote sustainable practices such as wildlife conservation and smart cities. Meanwhile, Sunway has committed to achieving net zero carbon emissions by 2050 and has implemented innovative carbon reduction strategies across its diverse business divisions as well as a first-of-its-kind green lease partnership programme among tenants and lessors through its Real Estate Investment Trust arm.

This year, Sunway is pioneering the Desa Mentari Community Observatory project, which aims to address urban poverty by employing a holistic, data-driven approach to enhance the quality of life for nearly 30,000 residents in Subang Jaya’s public housing scheme.