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ENRICHING tHE FUtURE ENRICHING NAtIoNAL PRoGRESS ENRICHING StAKEHoLDER VALUE ENRICHING SUSTAINABLE IMPACT

OuR SuStAINABILItY StRAtEGY (CONtINuED)

PLEDGE 4 INCREASE INVEStMENt IN tRANSItION ASSEtS tO RM20 BILLION BY 2030

Focus Area Key Metric

1. Strategic Capital Allocation: • Our ESG portfolio amounts to 7.0% out of KWAP’s
Allocating an increasing portion of our fund to total investments.
transition assets, focusing on initiatives that support • Five out of 21 properties are green certified and four
the transition towards a sustainable, low-carbon • properties en route for green certification.
Received the Building Energy Intensity (BEI) Label
economy and enhancing environmental resilience. for two buildings, which were endorsed by the
This includes investments in green technology and Energy Commissioner under the Ministry of Energy
sustainable industries, aligning with our vision for a Transition and Water Transformation.
greener future. • Achieved GreenRE Platinum Provisional
Certifications under the residential category for
2. Innovative Investment in Sustainability: The Meg and Arica via our real estate development
We focus on identifying and investing in pioneering subsidiary KWEST.
sustainable innovation projects and companies. This • Launched Dana Perintis with investment allocation of
ensures our portfolio not only supports the global RM500 million that focuses on the following sectors:
shift towards sustainability but also benefits from it. - Silver Economy - Energy Transition
- Food Security - Financial Inclusion
- Education - Digital Economy

PLEDGE 5 ENHANCE SuStAINABILItY GOVERNANCE

Focus Area Key Metric

1. Governance, Compliance and Ethics: • Established the Sustainability Governance
Ensuring Board and IP members are equipped in Framework which includes Board and IP-level
governance, compliance and ethics. oversight on implementation of KWAP’s
Sustainability Roadmap, enterprise sustainability-
2. ESG Risk Management: related initiatives, ESg Investment Matters and
Regular assessment and mitigation of ESg risks and sustainability-related risk management framework.
keeping abreast of the evolving ESg regulations and • Incorporated a Sustainability Working Group (SWG)
compliance requirements. that encompasses representatives from various
departments that meets at least once a month with
3. Data Privacy and Cyber Security: primary objective to oversee the implementation
Regular updates and awareness regarding cyber of initiatives outlined in KWAP’s Sustainability
security threats in compliance with data privacy and Roadmap.
cyber security regulations. • Established the Sustainability Risk Framework and
Sustainability Risk Policy.
• Rolled out KWAP’s inaugural Sustainability Report
FY2023.
• 2.2% average phish-prone percentage against
industry average of 10%.

For more details on our sustainability initiatives, please refer to KWAP’s Sustainability Report 2023 available online at kwap.gov.my.

42 KUMPULAN WANG PERSARAAN (DIPERBADANKAN) i INtEGRAtED REPoRt 2023