Sustainability
Overview
Our Sustainability Performance
Due to our uncompromising adherence to our ESG principles, we managed to reach several important milestones. Building on this year’s accomplishments, we intend to achieve even greater success in our sustainability journey and positive environmental impacts, aligning with Bursa Malaysia’s Sustainability Reporting Guide, the Global Reporting Initiatives (GRI) Standards, United Nations Sustainable Development Goals (UNSDG), FTSE4Good Bursa Malaysia Index and the Task Force on Climate-related Financia Disclosures (TCFD) Framework.
How We Contribute to the UN SDGs
The 2030 Agenda for Sustainable Development is a comprehensive blueprint adopted by all United Nations Member States in 2015, designed to tackle global social and environmental challenges. This agenda consists of 17 Sustainable Development Goals ("SDGs") that serve as a universal call to action for creating a sustainable and equitable future.
In 2025, KIP REIT continues its commitment to advancing specific SDGs, significantly contributing to key areas such as:
No Poverty
Provided support to approximately 5,662 underprivileged community members.
Zero Hunger
Distributed food to approximately 3,853 beneficiaries during Ramadan.
Good Health and Well-being
Organised 10 blood donation programmes.
Quality Education
Achieved 2,974.5 training hours for all employees at the Group level.
Gender Equality
33% of our Board of Directors and 61% of our employees are female.
Clean Water and Sanitation
KIPMall Melaka recorded with 41% reduction in water consumption.
Affordable and Clean Energy
Generated 4,782,078 kWh of solar energy.
Decent Work and Economic Growth
- 33% increase in the revenue.
- RM4.2 million invested in Asset Enhancement Initiatives.
Industry, Innovation and Infrastructure
100% purchase with local suppliers.
Reduced Inequalities
0 Diversity Policy violations reported in FY2025.
Sustainable Cities and Communities
Installation of solar panels in 7 Managed Assets.
Responsible Consumption and Production
Diverted 195.77 tonnes of our waste away from landfills in FY2025.
Climate Action
Issued the first Climate Risk Policy.
Life on Land
KIPMall Melaka recorded with 54% reduction in paper consumption.
Peace, Justice and Strong Institutions
0 corruption cases reported in FY2025.
Partnerships for the Goals
Joined the CEO Action Network membership
Key Sustainability Highlights in FY 2025
Our Sustainability Journey
We began our journey in 2018 with our first Sustainability Statement, and will continue to drive our sustainability performance as we endeavour to meet and actively expand our ESG ambitions.
- Published the first Sustainability Statement
- Disclosure on Environment, Social and Governance (“ESG”) areas
- Identified 9 stakeholder groups and disclosed in-depth stakeholder engagement table
- Identified ESG sustainability matters
- Incorporated ESG strategies and integrated 8 UNSDGs accordingly into 5 capitals
- Integrated ESG into day-to-day management operations
- Established the Sustainability Working Committee chaired by Chief Sustainability Officer comprising all Heads of Departments
- Conducted first Materiality Assessment and identified 10 Material Sustainability Matters
- Realigned the REIT Manager’s ESG initiatives and reconfirmed 8 UNSDGs
- Developed an ESG Framework
- Established a Sustainability Policy
- Conducted Materiality Reassessment and identified 15 Material Sustainability Matters
- Realigned the REIT Manager’s ESG initiatives and reconfirmed 7 UNSDGs
- Performed data collection for all 15 Material Sustainability Matters identified
- Conducted the first Internal Audit review for ESG process to provide assurance on the Sustainability Statement
- Aligned to 14 UNSDGs
- Disclosures in accordance with Task Force on Climate Related Financial Disclosures (“TCFD”)
- Conducted Materiality Reassessment and identified 18 Material Sustainability Matters
- Identified 5 Key Stakeholder Groups
- Conducted the first External Limited Assurance on 8 Common Sustainability Matters
- Aligned to 16 UNSDGs
