Key insights and market outlook
Sime Darby Property (SDP) is building resilient communities through comprehensive ESG practices and robust corporate governance. At the Asia ESG Summit 2025, SDP's General Manager of Sustainability emphasized the importance of governance as the driving force behind environmental and social initiatives. The company is implementing science-based initiatives, including a 40% reduction in carbon emissions (Scope 1 & 2) and urban biodiversity conservation projects.
Sime Darby Property (SDP) is at the forefront of creating resilient communities through comprehensive Environmental, Social, and Governance (ESG) practices. At the Asia ESG Summit 2025, Dr. Yasmin Rasyid, General Manager of Sustainability at SDP, highlighted the company's approach to sustainable urban development. The company recognizes that urbanization and climate change are significant challenges that require integrated planning and governance.
SDP emphasizes that governance is the primary driver of sustainability. The company's leadership is committed to embedding ESG principles into its long-term strategy and operations. This commitment is reflected in their science-based initiatives, including a committed 40% reduction in Scope 1 and Scope 2 carbon emissions. The company is achieving this through various measures such as energy optimization, smart building systems, and solar panel installations.
SDP's development projects are designed with climate resilience in mind. For instance, the Bandar Bukit Raja Town Park serves not only as a recreational public space but also as a flood retention area capable of holding 50,000 cubic meters of water. The company uses climate modeling and hydrological science to reduce vulnerability in its housing developments, protecting both residents and the environment.
The company views biodiversity as a core strategic asset rather than a cost center. By developing properties on previously used oil palm plantation land, SDP minimizes broader environmental impacts. The company has been monitoring and planting 18 native and endangered tree species since 2016. Projects like the Elmina Urban Biodiversity Corridor demonstrate SDP's commitment to restoring urban ecosystems and enhancing biodiversity.
SDP is committed to balancing financial performance with long-term sustainability goals. The company integrates ESG practices into its business model, ensuring that environmental objectives are aligned with social responsibility and financial viability. This approach is supported by a governance structure that emphasizes ethical practices, supply chain transparency, and human rights protection.
The company's vision extends beyond current development needs, focusing on creating multi-generational benefits. SDP designs its housing developments with future generations in mind, investing in green infrastructure, flood resilience, and biodiversity conservation. This forward-thinking approach aims to create a positive legacy for both residents and the environment.
Sime Darby Property is setting a benchmark for sustainable urban development in Asia through its integrated approach to governance, environmental stewardship, and social responsibility. By prioritizing climate resilience and biodiversity, SDP is creating resilient communities that can thrive in the face of environmental challenges.
Asia ESG Summit 2025 Participation
Sustainable Development Initiatives