Sustainability at Khazanah
As the sovereign wealth fund of Malaysia, we have a duty to create value beyond just monetary terms for the nation and its future generations. At Khazanah, we remain conscious of the impact of our investments on the broader society as well as the natural environment.
To ensure that our decisions and actions facilitate an equitable and responsible transition into adopting ESG practices, we anchor ourselves on the following principles:
We aspire for positive outcomes and ensure our actions today produce results towards a positive economic, social,and environmental change
, for current and future generations.
We aim to build on the status quo, by identifying opportunities to create positive value
through managing risks and preparing for the future.
Do No Harm
We manage and mitigate risks to ensure that our actions do not expose stakeholders to negative effects on the social fabric, the economy, or the environment.
Khazanah has always adopted the core principles of Sustainability into all our activities, from the early days of our operations, when we took on a more active shareholding mandate and focused on good Governance in our Investee companies as part of the GLC Transformation Programme launched in 2004.
We have invested in sustainability themed opportunities, both locally and abroad, that looked beyond financial value and aimed at positively impacting the environment and communities that they are operated in.
Examples of Sustainability themed investments undertaken by Khazanah Nasional Berhad
Malaysia’s first integrated waste management centre, holds >80% share of addressable market in treatment & disposal of scheduled waste and growing recycling & recovery business
Kualiti Alam Waste Management Centre has an annual capacity to store, treat and dispose of more than 100,000 tonnes of scheduled waste daily
Proven operational and financial track record, with industry leading margins
Leading circular waste management solutions provider with strong ESG agenda
A fast-growing pure-play Renewable Energy (RE) Company in Malaysia. To-date:
- 231 GWh renewable electricity supplied to the national grid
- 1.2 million tonnes in carbon savings
- 99 GWh total energy savings from Energy Efficiency projects
Largest grid-connected biogas player, with total awarded capacity of 54MW (including solar)
Award-winning RE company: National Energy Award 2020 recipient – for an energy efficiency project
Malaysia’s first homegrown Education Service Provider focusing on school transformation, especially for public schools in Malaysia
Their programmes for Malaysian public schools have made an impact on ~160 schools, ~188,000 students and ~8,000 teachers
Work with sponsors and partners such as Yayasan Amir, Yayasan Hasanah, Yayasan Petronas, Yayasan Dayadiri, Tenaga Nasional Berhad, Time dotcom, UEM Group, Teach for Malaysia, Pintar Foundation and others.
*Investment in LeapEd has been divested
Our Guiding Principles