Malaysia is one the most urbanised countries in Southeast Asia, which is one of the most rapidly growing regions in the world. As the country develops, it will need durable, economical, and sustainable building materials. Developers are looking at green buildings being a key solution to meet growing demand, while managing environmental impacts in line with national sustainability goals and the evolving regulatory environment.
This presents both opportunities and risks for Tasek. While customer demand is shifting towards greener building materials, the company is facing rising costs of raw materials, increasing regulation, and supply chain disruptions. A more circular approach is needed to drive operational efficiency and eliminate waste.
Our Sustainability Pillars
Aligning to our parent company, Hong Leong Asia, our vision is to develop and deliver sustainable and innovative urban solutions for cities of the future. In pursuit of this vision, Tasek is committed to integrating sustainability into our business strategy. Grounded in its corporate values and rich heritage, the HLA Sustainability Framework provides a clear articulation of the Group’s sustainability priorities. Its three interconnected pillars encompass the material Environmental, Social and Governance (ESG) topics facing Tasek. Ensuring the sound management of these material topics is crucial to the success of our business strategy and ability to create long-term value for our stakeholders.
Driving Innovation for a Low-Carbon and Circular Economy |
Building Resilience for the Long-Term |