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Case study: measuring sustainability in a Malaysian property and construction company
Proceedings of the Institution of Civil Engineers - Engineering Sustainability ( IF 1.5 ) Pub Date : 2020-05-18 , DOI: 18.00063
Renard Y J Siew

The property and construction sector is known to be a laggard in the adoption of sustainability practices, possibly due to its fragmented nature. Yet there is an increasing demand from key stakeholders, such as institutional investors, as well as civil society, for greater transparency on sustainability disclosures. This paper highlights a case study conducted in a publicly listed Malaysian property and construction company on their journey towards establishing sustainability measures, in particular: the strategy adopted, the processes put in place in terms of data monitoring, challenges faced and proposed solutions. This company has developed an in-house sustainable development index (SDI) which covers a range of sustainability-related issues. The findings from this study seem to suggest as well that lower SDI scores are associated with lower take-up rates; however, high SDI scores do not necessarily lead to higher take-up rates. The approach taken by this company is comprehensive, and the metrics used, such as the Dow Jones Sustainability Index or FTSE4Good Index, could be adopted by third-party rating agencies in evaluating the sustainability performance of property and construction companies. It is expected that the insights from this paper would also be useful to both construction and facility-management practitioners who are interested in benchmarking and improving their own practices.

中文翻译:

案例研究:衡量马来西亚房地产和建筑公司的可持续性

众所周知,房地产和建筑业在采用可持续发展实践方面表现落后,这可能是由于其分散性。然而,诸如机构投资者以及民间社会等主要利益相关者对可持续性披露的更高透明度的需求正在增加。本文重点介绍了一家在马来西亚上市的房地产和建筑公司在制定可持续性措施的过程中进行的案例研究,尤其是:采用的策略,在数据监控方面的流程,面临的挑战和拟议的解决方案。该公司已经制定了内部可持续发展指数(SDI),涵盖了一系列与可持续发展相关的问题。这项研究的发现似乎也暗示较低的SDI分数与较低的摄取率有关。但是,较高的SDI分数并不一定会导致较高的录取率。该公司采用的方法是全面的,所使用的指标(例如道琼斯可持续发展指数或FTSE4Good指数)可以由第三方评估机构采用,以评估房地产和建筑公司的可持续发展绩效。希望本文中的见解对于对基准测试和改进自己的实践感兴趣的建筑和设施管理从业者也将有用。第三方评级机构可以采用道琼斯可持续发展指数或FTSE4Good指数等指标来评估房地产和建筑公司的可持续发展绩效。可以预期,本文的见解还将对对基准测试和改进自己的实践感兴趣的建筑和设施管理从业者有用。第三方评级机构可以采用道琼斯可持续发展指数或FTSE4Good指数等指标来评估房地产和建筑公司的可持续发展绩效。希望本文中的见解对于对基准测试和改进自己的实践感兴趣的建筑和设施管理从业者也将有用。
更新日期:2020-06-30
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