OVERVIEW

Sustainability is integral to our long term value creation strategy, shaping how we manage risks, capture opportunities and engage with stakeholders. We focus on material environmental, social and governance (“ESG”) matters that are most relevant to our business, stakeholders, and operating context, including climate-related risks and opportunities.

OUR MANAGEMENT APPROACH TO MATERIAL MATTERS

  • Materiality led: Priorities are identified through a structured materiality assessment that considers stakeholder inputs, regulatory developments, risk assessments, peer benchmarking and ESG ratings criteria, aligned with the IFRS Sustainability Disclosure Standards.
  • Strong governance: The Board has overall oversight of sustainability, including climate-related risks and opportunities, with clear management accountability for each material matter.
  • Integrated execution: Material ESG and climate-related risks and opportunities are considered in the business strategy, operations and enterprise risk management, supported by scenario analysis, policies, controls and performance indicators.
  • Monitoring and disclosure: Performance is tracked using defined metrics and targets, with disclosures that are aligned, where relevant, to IFRS sustainability and climate-related reporting requirements. The Company periodically reviews the effectiveness of its Code of Conduct/Code of Ethics and other company policies. The Company’s sustainability reporting disclosures are guided by recognised frameworks under the IFRS Foundation ecosystem, including the Integrated Reporting Framework and SASB Standards, to support integrated thinking, risk management and transparent disclosures.

Our Targets

Our Group targets include:

  • to achieve net zero emissions by 2050.
  • to maintain the recycling waste rate at 90% annually.
  • to achieve zero environmental fines and penalties reported annually.
  • to maintain zero major incidents of corruption, bribery, non-compliance and human rights violations.
  • to achieve a 30% reduction in total emissions intensity across Scopes 1, 2 and 3 by 2030 – Genting Singapore Limited.
  • to achieve a 30% reduction in municipal water withdrawal intensity by 2030 – Genting Singapore Limited.
  • to achieve a 12% reduction in electricity consumption by 2028 – Resorts World Genting.
  • to ensure 100% of its oil palm suppliers meet the ‘No Deforestation, No Peat No Exploitation’ commitment – Genting Plantations Berhad.
  • to maintain 100% local environmental compliance at Banten power plant annually – Genting Energy.
  • to maintain 100% renewable energy for resort operations – Resorts World Las Vegas.

These targets reflect the Group’s overall sustainability ambitions, with operating teams responsible for setting and delivering targets aligned with their respective business activities and operating contexts.

Our Approach

  1. EMPOWERING GOOD GOVERNANCE
  2. SUSTAINING ECONOMIC VALUE CREATION
  3. DRIVING ENVIRONMENTAL STEWARDSHIP
  4. SAFEGUARDING COMMUNITY WELFARE
  5. ENHANCING WORKPLACE PRACTICES

This overview should be read together with Genting Berhad’s Sustainability Report and Corporate Governance Statement. Further details of our portfolio companies’ sustainability approaches can be found in the following links:

Whistleblower   |   Disclaimer   |   Privacy Statement   |   Important Notice  |   Contact Us

Copyright © 2025 Genting Berhad 196801000315 (7916-A). All Rights Reserved.