Building a Sustainable Legacy

Sustainability, From The Ground-Up

The KLCC Group's sustainability approach is built on a simple premise: long-lasting value requires long-term responsibility. To that end, we integrate environmental stewardship, social progress and strong ethical governance into every part of our business. This ensures that the places we build, manage and enable remain resilient, relevant and future-ready.

Discover a streamlined view of our sustainability identity: our commitments, strategic pillars, key focus areas, progress highlights, and access to policies and disclosures. It reflects not only where we stand today, but the direction we are moving in as we evolve towards a low-carbon, inclusive, and ethically-governed future.

Sustainable September reflects our commitment to the UN Sustainable Development Goals and our vision to shape the KLCC Precinct as a model for how leisure and business can thrive together sustainably. It is about reimagining how people live, work and connect in the heart of the city.
Group Chief Executive Officer
The year 2024 was a milestone year for KLCCP Stapled Group since our listing, seeing us achieve record revenue, profit and dividends, exceeding our initial forecast while creating immense value for our holders of Stapled Securities. That we achieved our results in a financially challenging landscape makes it all the more noteworthy.
Chief Financial Officer
Moving forward, we will conduct a full materiality assessment of all 15 Scope 3 categories to ensure completeness and transparency of our carbon emissions accounting processes whilst aligning our disclosures with the National Sustainability Reporting Framework and the updated Bursa Malaysia Main Market Listing Requirements.
Senior General Manager, Group Strategy and Sustainability
Commitment Beyond Compliance

The KLCC Group’s commitment to sustainability is rooted in our core values: integrity, excellence, collaboration, and stewardship. These principles shape how we design spaces, manage assets, build partnerships, and contribute to Malaysia’s long-term socio-economic progress. Beginning with our leadership, our principles are reinforced through clear priorities, measurable targets, and transparent reporting.

As we expand from the heart of Kuala Lumpur City Centre to encompass all our operations, we remain focused on delivering sustainable growth for stakeholders, resilient business performance, and a positive impact across all the communities we touch.

Embedding Sustainability in Every Decision

Sustainability at the KLCC Group is firmly anchored in a robust governance framework that aligns our ESG strategy with core business objectives. Our Board and dedicated committees oversee risk management, policy compliance, and strategic initiatives to ensure consistent and transparent execution across all. Each operating unit implements ESG programs guided by the Group’s four pillars, monitored through clear performance metrics. This integrated approach strengthens accountability, drives efficiency, and positions the KLCC Group as a leader in responsible business practices.

Our Sustainability Framework

At the KLCC Group, sustainability is a core principle guiding every decision. Aligned with the UN 2030 Agenda and global , our four‑pillar framework—Planet, People, Peace and Prosperity—balances growth with environmental stewardship and social responsibility.

 

Our Contribution to United Nations Sustainable Development Goals

The KLCC Group advances the UN Sustainable Development Goals by focusing on priorities aligned with our purpose and strategy. Our subsidiaries’ sustainability reports apply the World Economic Forum’s Stakeholder Capitalism Metrics and align with the UN 2030 Agenda.

Sustainability Governance

At the KLCC Group, sustainability and climate governance are anchored at Board level. The Board has oversight on the sustainability related strategy and plans by the Management, ensuring sustainability considerations are embedded into business planning and decision-making.

Implementation is led by the Chief Executive Officer, supported by the KLCC Group Leadership Team which comprise of heads of different corporate functions and operating units.

The Group Strategy & Sustainability Division and the ESG Department is entrusted to drive and execute the day-to-day implementation of sustainability, in close collaboration with operating units and divisions. Together, they manage relevant material sustainability matters, embed appropriate processes and controls within operations, monitor performance against targets, and support timely and transparent sustainability disclosures.

Sustainability Governance Structure

Where the Greatest Impact is Made

The KLCC Group’s focus is shaped by our Materiality Assessment, ensuring that we prioritise the ESG matters most relevant to our business, stakeholders, and long-term value creation. These priorities reflect where we can drive meaningful impact, be it from climate action and operational efficiency to employee wellbeing, community upliftment, and responsible governance.

Each focus area is aligned with our Sustainability Plan 2030 and the Group’s four strategic pillars. As our operating landscape evolves, we continuously reassess material themes to remain adaptive, relevant, and aligned with emerging risks, opportunities, and global best practices.

Safeguard The Environment
Driving sustainability through climate action and responsible energy, water and waste management for a better future.
Material Sustainability Matters:
  • Climate Change and Energy Management
  • Environmental Management – Water and Waste Management
Positive Social Impact
Advancing human rights, workforce sustainability, fostering inclusivity, and enhancing well-being to create lasting social value.
Material Sustainability Matters:
  • Human Capital Development
  • Human Rights
  • Labour Standards and Practices
  • Health, Safety and Security
Responsible Governance
Strengthening corporate governance, upholding business ethics, and prioritising cyber security and data privacy to foster accountability, transparency, and trust.
Material Sustainability Matters:
  • Corporate Governance
  • Business Ethics
  • Cyber Security and Data Privacy
Continued Value Creation
Driving financial sustainability, strengthening supply chain and tenant relationships, and advancing customer engagement and corporate social responsibility to deliver enduring value.
Material Sustainability Matters:
  • Financial Sustainability
  • Supply Chain Management
  • Customer and Tenant Management
  • Corporate Social Responsibility
Our Policies Form the Foundation of Our Commitment

Our policies form the foundation of the KLCC Group’s governance and sustainability commitments, setting clear expectations for ethical conduct, risk management, environmental stewardship, and stakeholder engagement. They ensure decisions are made with integrity, transparency, and alignment to recognised standards, while reinforcing accountability and safeguarding long-term performance. As our business evolves and new risks emerge, we continually refine this policy ecosystem to reflect best practices and maintain stakeholder trust.

Benchmarking Our Progress

Transparency underpins how the KLCC Group measures and communicates sustainability performance. Our disclosures align with global frameworks and stakeholder expectations, offering clear insight into ESG progress, risks, and opportunities. We benchmark our achievements against relevant indices and industry standards to gauge competitiveness and identify improvement areas, ensuring our reporting remains clear, comparable, and responsive to evolving ESG requirements.

Partner With Purpose

Sustainability grows stronger when our stakeholders are part of the conversation. The KLCC Group welcomes collaboration, feedback, and ideas that help strengthen the impact of our initiatives and deepen our connection to the communities we serve.

This section provides direct channels for enquiries, partnerships, and feedback relating to our sustainability efforts. Whether you are a community partner, investor, tenant, industry peer, or member of the public, we encourage you to reach out and be part of our collective progress.

For sustainability-related enquiries, please click here.

Our Approach

Financial Sustainability

We view Financial Sustainability not merely as profitability, but as the strategic allocation of resources that enables our long-term resilience and our capacity to invest in a sustainable future. Our focus areas are:

  • Portfolio Diversification and Resilience: By actively managing our mixed-asset portfolio (retail, office and hotel segments), we effectively mitigate risks posed by economic volatility and market shifts, ensuring steady revenue streams and sustained stability.
  • Responsible Value Distribution: We commit to impactful value sharing with all stakeholders, ensuring our success fosters mutual growth with investors, tenants, suppliers and the broader community. This equitable approach reinforces our Social and Relationship Capital (SR).
  • Investing in Sustainable Innovation: Our strong financial foundation allows us to make targeted, bold investments in innovative technologies, asset upgrades and sustainability initiatives. This aligns our short-term operational excellence with our long-term sustainable outcomes.
  • Amplifying Socio-Economic Benefits: Beyond financial metrics, we prioritise investments that create tangible socio-economic benefits. Our commitment to community development and infrastructure maintenance enhances the fabric of the urban environment we operate in.

Customer and Tenant Management

Building trust and brand loyalty is central to our strategy. We foster deep, long-lasting relationships with our customers and tenants through a commitment to excellence and responsiveness.

We believe that reliable service and transparent communication are the foundations of enduring relationships. We actively engage with our customers and tenants throughout their journey with the Group, not just to understand evolving needs, but to ensure mutual compliance and operational excellence. Via personalised interactions, formalised open communication channels and community involvement, we maintain a systematic dialogue that informs our service standards and enhances asset value. This process-driven engagement is crucial for mitigating risks and upholding the integrity of our tenancy agreements.

At KLCC Group, we recognise that feedback is indispensable for maintaining service control and continuous improvement. We have institutionalised robust feedback mechanisms to systematically capture opinions, suggestions and concerns. This iterative refinement loop is governed by executive oversight, ensuring that insights gathered are immediately used to adjust services and address deficiencies. Furthermore, we maintain stringent policies for the responsible and secure management of all customer and tenant data collected via our engagement tools and platforms, upholding privacy and regulatory compliance.

Our primary goal is to ensure the sustained satisfaction of our customers and tenants, and we have institutionalised process reliability to achieve this. Success is measured not just by transactions, but by the continuous refinement of the experience we provide. We maintain a rigorous, multi-channel approach to feedback, utilising standardised instruments like Customer Satisfaction Scores and the Net Promoter Score (NPS) to establish performance baselines and track long-term trends.

Supply Chain Management

Our Supply Chain Management is a direct reflection of our ethical and sustainability commitments, ensuring our values permeate every business relationship.

  • Embedding Ethical Mandates: All contractors, consultants and suppliers must strictly adhere to our Code of Business Ethics (CoBE), prioritising anti-corruption measures, business ethics and rigorous Health, Safety and Environmental (HSE) practices. This forms the bedrock of our sustainable supply chain.
  • Advancing Human Rights: We have fortified our commitment with the establishment of a dedicated Human Rights Policy across each entity. The Group has also adopted the PETRONAS Supply Chain Human Rights Standard and strengthened its Conditions of Contract on Human Rights (COCHR) in 2025. Further details on the application of the human rights policy on supply chain can be found on page X.
  • Strategic Procurement Practices: Our procurement policies are strategically guided by sustainability principles:
    • Green Procurement: Our hotel segment actively promotes the sourcing of environmentally friendly materials and partners with suppliers prioritising sustainable production, demonstrably reducing our environmental footprint.
    • Local Procurement: By prioritising local suppliers wherever feasible, we actively contribute to socio-economic growth and support the development of diverse regional economies.
  • Enhancing Oversight and Efficiency:
    • Digital Transformation: The implementation of SMART by GEP and supporting digital tools has digitised procurement workflows, significantly reducing paper usage, eliminating waste and enhancing efficiency—directly supporting our ESG goals.
    • Due Diligence: We conduct regular Supplier Audits and enforce a stringent Supplier’s Code of Conduct to verify compliance, ensure continuous performance improvement and reinforce the integrity of our ethical supply chain.

Corporate Social Responsibility

Our commitment to CSR secures our social licence to operate and demonstrates our role as a responsible corporate citizen. Our initiatives are focused on long-term, positive social impact, primarily through community well-being, environment and education.

  • Fostering a Culture of Volunteering: We actively cultivate a strong sense of community engagement among our employees. Our volunteer programmes focus on high-impact areas such as food aid, environmental conservation and educational initiatives, empowering our people to contribute their skills to meaningful causes.
  • Contribution to Common Infrastructure Maintenance: As a responsible corporate citizen who contributes towards building a healthy urban environment for the community, KLCC Group plays an active role in maintaining public infrastructure, including the KLCC Park, and vital pedestrian connections such as walkways, bridges and tunnels. These initiatives reflect our commitment to community well-being, urban connectivity and the creation of a safe, accessible and sustainable environment.
  • KLCC Sustainable September: The annual, collaborative KLCC Sustainable September continued its success in its third year. This month-long event is the Group’s campaign in driving sustainability awareness and collective action across the KLCC Precinct. Sustainable September is a key platform for engaging our communities and fostering sustainable practices, underscoring our relentless pursuit of a more sustainable planet and society. It brings together various ESG initiatives under one umbrella, reinforcing our vision to position the precinct as Malaysia’s first SDG hub, in support of the United Nations Sustainable Development Goals and the 12th Malaysia Plan: Advancing Sustainability. Ultimately, our goal is to make KLCC a destination where people can visit, meet and stay sustainably.