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Marketing In Asia > Blog > Press Release > Knight Frank Malaysia Leads with 2023 ESG Report: Transforming Supply Chains through Sustainability
Press Release

Knight Frank Malaysia Leads with 2023 ESG Report: Transforming Supply Chains through Sustainability

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Last updated: 2024/10/14 at 4:31 PM
Divya Dubey
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Knight Frank Malaysia Leads with 2023 ESG Report
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Knight Frank Malaysia continues to lead the charge in Environmental, Social, and Governance (ESG) compliance with the release of its Annual ESG Report 2023, showcased today at an event hosted at the Knight Frank Malaysia headquarters. Themed “From Reports to Results: The Impact of ESG Reporting within the Supply Chain,” the event brought together industry leaders and stakeholders to discuss how ESG reporting is reshaping business practices, particularly within the real estate supply chain.

Keynote speakers included Mohd Hafiz Zainuddin, ESG Associate Director of Knight Frank Malaysia, and Nur Fadhilah Muhammad, Chief Executive Officer of SIRIM QAS International Sdn. Bhd. They highlighted the increasing importance of sustainability reporting across industries, and how companies can leverage robust ESG frameworks to enhance accountability, mitigate risk, and build resilient supply chains.

2023 ESG Report Highlights:

The Annual ESG Report 2023 presented by Knight Frank Malaysia showcases significant achievements in various areas.

  • 28% reduction in energy consumption compared to the 2019 baseline, demonstrating Knight Frank’s commitment to environmental stewardship.
  • 92% employee satisfaction rate, reflecting a strong focus on workplace wellbeing and inclusivity.
  • 1,523 kg of e-waste collected, showcasing effective waste management initiatives aligned with the company’s sustainability goals.
  • Ongoing efforts towards net-zero carbon emissions by 2040, in line with global commitments under the Science-Based Targets initiative.

Keith Ooi, Group Managing Director of Knight Frank Malaysia, commented, “We are proud to continue building on our ESG commitments and delivering tangible results. This report demonstrates our dedication to integrating ESG principles into every aspect of our business, from our internal operations to the broader supply chain. As we strive towards achieving net zero by 2040, we are confident that we can drive meaningful impact within our industry.”

Nur Fadhilah Muhammad, Chief Executive Officer of SIRIM QAS International Sdn. Bhd., highlighted the importance of external assurance, stating, “Companies can leverage comprehensive ESG verification to enhance accountability, mitigate risk, and build resilient supply chains. Knight Frank Malaysia’s commitment to sustainability and inclusive growth sets a commendable example for the real estate sector.”

This year’s report emphasizes the critical role ESG reporting plays in creating resilient supply chains and the broader adoption of sustainable business practices. The data presented outlines how Knight Frank Malaysia has successfully implemented innovative technologies and policies to reduce its carbon footprint while fostering a healthy, diverse, and inclusive workplace. These efforts align with the company’s long-term vision of being a trusted, responsible leader in the real estate sector.

Mohd Hafiz Zainuddin, ESG Associate Director of Knight Frank Malaysia, emphasized the significance of sustainability reporting, stating, “ESG reporting plays a critical role in creating resilient supply chains and fostering the adoption of sustainable business practices. It allows companies to showcase their efforts in reducing their carbon footprint and promoting a healthy, diverse, and inclusive workplace.”

Attendees were also introduced to Knight Frank Malaysia’s comprehensive ESG framework, which is built around three pillars: Restoring the Natural Environment, Creating an Inclusive Workplace, and Strengthening Communities. These pillars are essential to the company’s continued progress in achieving sustainable and inclusive growth, ensuring that they remain ahead in an increasingly regulated and competitive market. The event marks a key milestone in the company’s ongoing efforts to align with the United Nations Sustainable Development Goals (UNSDGs), with specific contributions to climate action, waste reduction, and community wellbeing.

For more information or a copy of the Knight Frank Malaysia ESG Annual Report 2023, please contact the ESG team at esg@my.knightfrank.com.

Download the report here: https://kf-my.com/ESG-ANNUAL-REPORT-PDF-2023

For further information, please contact:

Ms Najwa Nasir

Senior Manager – Branding & Marketing, Knight Frank Malaysia

najwa.nasir@my.knightfrank.com  

Ms Azhwanie Kong

Assistant Manager – PR & Events, Knight Frank Malaysia

azhwanie.azhar@my.knightfrank.com  

About Knight Frank Malaysia

Knight Frank Malaysia offers high-quality professional advice and solutions across a comprehensive portfolio of property services and is registered with the BOVAEA since its establishment two decades ago. The brand has embraced a growth strategy based on “Partners in Property” and remains firmly focused on the future. The Company is licensed to undertake property, valuations/consultancy, estate agency, and property management and is also on the panel of all leading banks and financial institutions. Having a strong presence in Malaysia with its headquarters in Kuala Lumpur as well as branches in Penang, Johor Bahru, Kota Kinabalu and Miri, the Company will continue to engage with stakeholders to help shape global success in real estate markets in the years to come. For further information about the company, please visit www.knightfrank.com.my

Legal Disclaimer: The Editor provides this news content "as is," without any warranty of any kind. We disclaim all responsibility and liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. For any complaints or copyright concerns regarding this article, please contact the author mentioned above.

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    DivyaDubey October 14, 2024 October 14, 2024
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    By DivyaDubey
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