Sunway Real Estate Investment Trust (Sunway REIT) is a leading retail real estate investment trust in Malaysia. The company is focused on owning, managing, and investing in a diversified portfolio of retail properties, including shopping malls, hypermarkets, and other retail outlets. Sunway REIT is committed to sustainability and has taken significant steps towards decarbonisation and incorporating renewable energy into its operations.

Decarbonisation is a key focus for Sunway REIT, as the company recognizes the importance of reducing its carbon footprint and mitigating the impacts of climate change. The company has set a target to reduce its carbon emissions intensity by 30% by 2030, compared to its 2018 baseline. To achieve this goal, Sunway REIT has implemented a range of initiatives, including energy efficiency measures, renewable energy projects, and the adoption of green building practices.

One of the key initiatives undertaken by Sunway REIT to reduce its carbon footprint is the implementation of a corporate energy management program. The program involves the monitoring and analysis of energy consumption across the company's properties, with the aim of identifying opportunities for energy savings and efficiency improvements. Sunway REIT has also invested in energy-efficient technologies and systems, such as LED lighting, building automation systems, and energy-efficient air conditioning systems.

In addition to energy efficiency measures, Sunway REIT is also committed to incorporating renewable energy into its operations. The company has installed solar photovoltaic (PV) systems at several of its properties, including Sunway Pyramid, Sunway Putra Mall, and Sunway Velocity Mall. These systems generate clean energy and help to reduce the company's reliance on fossil fuels. Sunway REIT has also signed a corporate power purchase agreement (PPA) with a local renewable energy provider, which will supply the company with renewable energy for its properties.

The corporate PPA is a key part of Sunway REIT's renewable energy strategy, as it enables the company to access renewable energy at a competitive price. The PPA is a long-term agreement between Sunway REIT and the renewable energy provider, which guarantees a fixed price for the electricity generated by the provider's renewable energy projects. This provides Sunway REIT with greater certainty over its energy costs and enables the company to reduce its exposure to volatile energy prices.

Sunway REIT's commitment to sustainability extends beyond its energy management and renewable energy initiatives. The company has also implemented a range of green building practices, such as rainwater harvesting, waste management, and green landscaping. Sunway REIT's properties are certified under the Green Building Index (GBI), a rating system that evaluates the environmental performance of buildings based on criteria such as energy efficiency, water efficiency, and indoor environmental quality.

In addition to its sustainability initiatives, Sunway REIT is also focused on delivering value to its stakeholders. The company has a strong track record of financial performance, with a portfolio of high-quality assets and a diversified tenant base. Sunway REIT's properties are located in strategic locations across Malaysia, with a focus on high-growth areas and urban centers. The company's properties are well-positioned to benefit from the growing demand for retail space in Malaysia, driven by the country's strong economic fundamentals and growing middle class.

Sunway REIT's commitment to sustainability and delivering value to its stakeholders has earned the company recognition and accolades from industry peers and stakeholders. The company has been recognized for its sustainability initiatives, with awards such as the ASEAN Corporate Sustainability Award and the Sustainability Award at the Malaysian REIT Awards. Sunway REIT has also been recognized for its financial performance, with awards such as the Best Retail REIT in Malaysia at the Asia Pacific Property Awards.

In conclusion, Sunway Real Estate Investment Trust is a leading retail real estate investment trust in Malaysia, with a strong commitment to sustainability and delivering value to its stakeholders. The company is focused on decarbonisation, incorporating renewable energy into its operations, and adopting green building practices. Sunway REIT's sustainability initiatives have earned the company recognition and accolades from industry peers and stakeholders, and the company is well-positioned to benefit from the growing demand for retail space in Malaysia.