Gamuda Berhad

RATING

SECTOR

Construction, Oil & Gas Operations, Mining and Chemicals

WEBSITE

 Visit 

CONTACT

Menara Gamuda
D-16-01, Block D,
PJ Trade Centre
No. 8, Jalan PJU 8/8A
Bandar Damansara Perdana
47820 Petaling Jaya
Selangor Darul Ehsan, Malaysia
Contact Us+603 7491 8288

STOCK EXCHANGE

N/A

LISTING

Forbes’ World’s Best Employer 2020 

EMPLOYEES

3,500 +

 

CHIEF SUSTAINABILITY OFFICER

Ong Jee Lian

AWARDS

  • Technical Product/Equipment Innovation of the Year award at the 2019 International Tunnelling and Underground Space Association (ITA) Tunnelling Awards in Florida
  • British Tunnelling Society in the category of Innovation in Tunnel Excavation 2019 Award, in New Civil Engineering Tunnelling Festival
  • Honour from the British Safety Council last year for upholding safety and health at the workplace for the KVMRT Putrajaya Line project
  • The Responsible Developer EdgeProp Malaysia’s Best Managed and Sustainable Property Awards 2020. 
  • Best Property Development Putra Brand Award 2019
  • Sustainable Building Development The Earth Conscious Award 
  • Best-in-Class Property Management ILAM Malaysia’s Sustainable Landscape Award. 
  • The Responsible Developer EdgeProp Malaysia’s Best Managed and Sustainable Property Awards 2020  
  • The First Malaysian-based company to achieve accreditation from the Office of the Federal Safety Commissioner, the accreditation of Federal Level for work safety and health in the Australian construction sector 
  • Lendlease Safety Award Completing TRX Residences Plot 1C and achieving 450,000 hours LTI-Free
  • Recognised with the Malaysia Technology Excellence Award 2020
  • Winner of the International Tunnelling and Underground Space Association in Miami & Innovation in Tunnel Excavation 2019 in London.

 

CONTENT SOURCE

FURTHER READING

Report created by Kavita Kripalani

Company Title

SECTIONS :  Sustainability    Evaluation  •  Progress  •  Watch  •  Overview

Company Activity

Gamuda Berhad is an investment holding company. The Company is engaged in the business of civil engineering construction.

The Company operates through three segments: Engineering and construction; Property development and club operations, and Water and expressway concessions.

  • The Engineering and construction segment is engaged in the construction of highways and bridges, airfield facilities, railway, tunnel, water treatment plants, dams, general and trading services related to construction activities.
  • The Property development and club operations segment is engaged in the development of residential and commercial properties and club operations.
  • The Water and expressway concessions segment is engaged in the management of water supply and the management and tolling of highway operations.
  • The Company, through its subsidiaries, is engaged in property investment; operation of the quarry, laying of road and manufacture of premix; rental of properties, and trading of construction materials.
 

Company Sustainability Activity

Gamuda’s strengths lie in innovation. This is reflective in Gamuda’s cutting-edge projects, the latest of which will be the upcoming Penang South Islands. It is not just a low carbon development; the smart industrial park will be powered by renewable energy, and they are incorporating low carbon mobility into the masterplan to encourage the usage of more bicycles and water transport instead of fueled-vehicles. 

Gamuda is actively involved in circular construction, and they are finalising plans to lower their total greenhouse gas emissions over the next two decades towards low carbon by 2030 and carbon neutral by 2040 across all their operations. Corporate decisions will then be aligned with these long-term goals. 

Gamuda are aware of the urgency to protect the planet against the triple crisis of climate change, biodiversity loss, and unsustainable exploitation of natural resources. The consequences of failing to do so collectively are dire. The evidence is clear that they must tackle this with greater resolve and urgency while elevating sustainability risk management to the top of their corporate agenda. There are four key material matters they are focused on – economic performance, climate action and biodiversity, innovation, and safety and health. In better managing a pandemic crisis, they have set up an internal polymerase chain reaction (PCR) testing lab to support their larger objective of ensuring business continuity.

Highlights

Align to Government’s policy to acquire products and services locally first for all their projects and developments: 

  • No discrimination towards suppliers 
  • Support small and medium-sized suppliers 
  • Educate local suppliers on new procurement topics such as sustainable supply chain and digital procurement 
  • All major suppliers need to be of ISO 140001 certified in the future 
  • Ensure all business operations are aligned with Group’s governance aspects

Targets

  • Gamuda is actively involved in circular construction, and is finalising plans to lower their total greenhouse gas emissions over the next two decades towards low carbon by 2030 and carbon neutral by 2040 across all their operations.

Progress

  • BIMAR, an Augmented Reality application was developed to allow real-world visualisation of 3D building designs via mobile device during site inspections. 
  • Autonomous Tunnel Boring Machine uses Artificial Intelligence Control Algorithms to operate TBMs with autonomous control. 
  • Local Malaysian supplier and vendors.
  • Gamuda Parks Arboretum set up to introduce and regenerate plant or tree species that suit the habitat. 
  • Use of knowledge of indigenous people and professional studies by arborists to cultivate species in the livingtree museum. 
  • Guardianship of Paya Indah Discovery Wetlands, a sanctuary for 244 bird species, 12 mammals and 19 reptiles; about 90% of living species in the world live around wetlands. 
  • Participating in the IUCN Red List Species Conservation since 2018.
  • Advanced tree planting: 5,975 native species planted
  • Tree Preservation Survey Tree planting, interactive nature board with QR code application, tree tagging and topsoil harvesting
  • 280,000 trees in Urban Green Reserve >1,600 acres. 
  • As much as 35% landscaped area in Gamuda developments.
  • The Plate to Plant Campaign reduces and repurposes food waste generated throughout Gamuda’s offices and developments. 
  • Food-composting machines collect up to 100kg of food waste daily at Gamuda sites, which are processed into organic compost for landscapes in Gamuda developments.
  • Penang’s Inaugural Climate Action Week 2019 Riverside Clean-up Programme: 175kg of trash was collected.
  • Over 7,700kg of fabric waste was collected and repurposed
  • Monthly Recycling Drive with Tzu Chi Foundation
  • COVID-19 preparedness: Gamuda started their own polymerase chain reaction (PCR) testing lab and is the first private Malaysian company to do so. 
  • Coupled with an in-house ambulance and testing at all their construction sites, Gamuda is among the most well-equipped local private companies that is prepared in managing this pandemic crisis with close collaboration with the Ministry of Health.
  • Developing the workforce and supply chain through customised training programmes such as Gamuda Plant Operator School, Tunnelling Training Academy and BIM Academy. 
  • World-class trainings are designed in collaboration with global brands including Siemens, Bosch and Herrenknecht
  • English Language Unit (ELU) to enhance the language proficiency among employees. 1st construction company in Malaysia to receive the 2019 Innovation in Assessment Award recognised by the British Council
  • Since 2017, Enabling Academy has trained 63 candidates in 7 batches, equipping them with relevant skills for employment. 
  • 60% of graduates secured jobs at partner companies that share their vision for inclusive, equitable, and sustainable growth. 
  • Gamuda is the first private company to operate an Employment Transition Programme in Malaysia. 
  • Produced Malaysia’s 1st Employment Transition Programme Trainer’s Manual as a resource for special education teachers, vocational trainers and job coaches for people with autism and other disabilities.
  • Gamuda contributed a total of RM4 million to the annual Star Golden Hearts Award since 2016, providing a platform for humanitarian works expansion, recognition and promoting the act of kindness and altruism in the society. 4 winners have since received a sum channelling to the social enterprises they champion that benefit their communities.
 

Certificates

United Nations Sustainable Development Goals

United Nations SDGs Compliance

SDG 4

  • Promote equal access for all women and men, especially youths to have technical skills that prepare them for employment, decent jobs or entrepreneurship

SDG 5

  • Promote women in engineering and management

SDG 7

  • Implement and promote renewable energy at townships and developments 
  • Implement and promote energy efficient initiatives at all aspects of design and implementation

SDG 8

  • Promote local businesses and indirectly the local economy through support on local procurement 
  • Promote economy generation through development of projects that are labour-intensive

SDG 9

  • Promote innovation and technology that encourages resource use efficiency

SDG 11

  • Make cities and human settlements inclusive, safe, resilient and sustainable 11.1 & 11.3 Catalyse the inclusivity and sustainable urbanisation while integrating sustainable human settlement planning and management

SDG 12

  • Implement food waste to compost and used to nurture land 
  • Integrate water recycling system, an improved water management approach through on-site treatment plant

SDG 13

  • Promote national carbon reduction targets and policies through various technological implementation and initiatives such as conservation and carbon offset programmes 
  • Educating the younger generation on climate and biodiversity through the GParks Rangers programmes

SDG 15

  • Ensure the conservation of flora and fauna especially IUCN Red List 
  • Promote and educate the conservation of environment 
  • Integrate ecosystems such as wetlands into local planning and development processes

SDG 17 

  • Encourage and promote effective public-private partnership for environmental conservation

Evaluation

The company has a few certificates and has some commendable awards and listings, including recognition for Sustainable Building Development. They have made consistent progress toward sustainability goals and display good alignment with the UN SDGs, though their targets could be more focused.

Despite having few certificates, the automotive company produces a detailed report with the intention of reducing their CO2 emissions, energy consumption, recycling, biodiversity, renewable energy, human rights, and gender equality in alignment with the UN Sustainable Development Goals. They make a decent attempt at transparency. 

In terms of sustainability, the company is neither a trailblazer nor a straggler, but somewhere in between. This company has been rated a C. 

Analyst Outlook: Neutral

The company could improve by obtaining more certifications, identifying more specific sustainability targets, and refining its KPIs. 

 

Key Points

  • Gamuda is actively involved in circular construction, and they are finalising plans to lower their total greenhouse gas emissions over the next two decades towards low carbon by 2030 and carbon neutral by 2040 across all their operations. Corporate decisions will then be aligned with these long-term goals. 
  • Gamuda is actively involved in circular construction, and they are finalising plans to lower their total greenhouse gas emissions over the next two decades towards low carbon by 2030 and carbon neutral by 2040 across all their operations. Corporate decisions will then be aligned with these long-term goals. 

 

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