Sustainability
Our Sustainability Milestones
2016
Developed sustainability strategies
2016
2017
Published inaugural GRI-based sustainability report based on GRI requirements
2017
2018
Developed the first mobile IBS plant wort RM20 million at LBS Alam Perdana Township
Established the Sustainability Policy
2018
2019
Invested RM40 million to develop the first permanent IBS precast concrete plant at Nilai
2019
2020
Developed adequate procedure and strengthen risk management
Developed Anti-Bribery and Corruption (“ABC”) Policy
2020
2021
Established Sustainability Committee and appointed Sustainability Officer
Conducted a detailed Materiality Assessment Exercise (“MAE”) to internal stakeholders
2021
2022
Developed of ESG KPIs and Targets
Establishment of Board approved ESG framework
Expansion of enhanced MAE to external stakeholders
2022
2023
Publicly declared support for the Taskforce on Climate-related Financial Disclosures (TCFD)
Established Approach to Net Zero Carbon Emissions by 2050 Roadmap
2023
2024
Updated Group Sustainability Policy
Signed MoU between LBS, MGB, Midwest Green Sdn Bhd and Malaysian Green Technology and Climate Change Corporation
Achieved 4 Star Rating for Bursa Malaysia's FTSE4Good ESG ratings
2024
Our Approach to Net Zero Carbon Emissions
by 2050 Roadmap
Our Approach to Net Zero Carbon Emissions by 2050 Roadmap
Our Achievements
Provided 5,002 hours in training in 2022
Provided 5,002 hours in training in 2022
Established Zero Single-Use Plastic approach at construction sites
Established Zero Single-Use Plastic approach at construction sites
Reduced construction time by 33% and 31% saving on manual labour through IBS
Reduced construction time by 33% and 31% saving on manual labour through IBS
100% of the construction site / project sites are ISO 45001 and ISO 14001
100% of the construction site / project sites are ISO 45001 and ISO 14001
Our Policies
2025 Policy Update
As part of our continuous effort to strengthen governance practices and uphold our commitment to integrity, we have updated several key policies as of 18th August 2025:
- Anti-Bribery & Corruption Policy
- Gift, Entertainment & Hospitality Policy
- Donation & Sponsorship Policy
- Whistleblowing Policy
Key Enhancements Introduced
The updates incorporate international best practices and reflect our dedicated to meeting our stakeholder expectations. Enhancements include:
- Stronger leadership commitment in preventing bribery and corruption;
- Introduction of structured bribery risk assessment process in high-risk areas;
- Reinforcement of training programmes on corruption and bribery prevention;
- Clear provisions to address anonymous whistleblowing reports;
- Additional of a political contribution clause to ensure transparency.
These updates reinforce our commitment to ethical business conduct, accountability, and good governance.
Our Policies
Taking Each Step Towards
Sustainable Development Goals
1
NO POVERTY
2
ZERO HUNGER
3
GOOD HEALTH AND WELL-BEING
4
QUALITY EDUCATION
5
GENDER EQUALITY
6
CLEAN WATER AND SANITATION
7
AFFORDABLE AND CLEAN ENERGY
8
DECENT WORK AND ECONOMIC GROWTH
9
INDUSTRY, INNOVATION AND INFRASTRUCTURE
10
REDUCED INEQUALITIES
11
SUSTAINABLE CITIES AND COMMUNITIES
12
RESPONSIBLE CONSUMPTION & PRODUCTION
13
CLIMATE ACTION
14
LIFE BELOW WATER
15
LIFE ON LAND
16
PEACE, JUSTICE AND STRONG INSTITUTIONS
17
PARTNERSHIPS FOR THE GOALS
