Environmental, Social & Governance

Guoco Group, being part of the larger Hong Leong Group, is built on the strong heritage of value creation for our stakeholders and communities within which we operate. Over the years, we have taken a progressive approach in integrating sustainability into our businesses, towards a stronger, more resilient group, and pursue the mission “Guoco Sustainability Value Creation”.

Our ESG Framework

Sustainability is a fundamental responsibility of the Group and has increasing priority for fostering company longevity. We integrated our core values into the foundation and principles for the Group’s long-term corporate practices, and have established a holistic ESG framework across all business groups to lay out our priorities in pursuing our mission. By integrating ESG factors into our strategies, governance and management processes, we seek to grow our businesses responsibly while striking a balance between environmental and economic considerations, creating a positive impact for our stakeholders and communities.

Governed by Group policies with oversight by the Guoco Board, our sustainability framework sets out our commitment under four pillars, namely Towards a Greener Future, Empowering our People, Conducting Business with Honour, and Caring for Our Community. Pursuant to this framework, all business groups will develop their own ESG capabilities under the same ambit and manage their development approaches and practices according to the industries, markets and countries in which they operate. This together guides our daily business operations and decision-making for realising long term value and lasting growth.

Starting in FY2022, we aligned our ESG framework with the UN SDGs, identifying goals that are relevant to our operations and to which we can contribute. We are fully committed to achieving these goals by employing our scale and engaging in partnerships to drive meaningful positive changes.

Sustainability Governance

The Group’s governance structure provides a strong foundation for integrating sustainability initiatives across all levels, from the Guoco Board and Board Committees to the respective boards of subsidiary business groups and their committees/offices, as well as their operations, to fulfil our dedication towards our ESG mission. Sitting at the top, the Board is responsible for overseeing sustainability at Guoco Group.

Materiality Assessment

Materiality assessments have been conducted to review and prioritise the sustainability issues that are considered most relevant to our business activities and specific markets. The material topics outlined here reflect a shared set of priorities across the Group. It emphasises our cohesive approach to addressing key ESG issues, allocating resources, and maxmising impact.

Climate Change

The Group is committed to combating climate change. Our strategies are developed in alignment with industry best practices and guided by our Group-wide Climate Risk Management Policy. This policy integrates core elements of the Task Force on Climate-related Financial Disclosures recommendations, establishing a systematic approach to identifying, assessing, and managing climate-related risks to support sustainable business growth.

The Board  is responsible in overseeing and managing ESG-related risks, including climate risk, across all our subsidiary business groups, with support from the BARMC and the Group ESG Steering Committee. Climate change risks are actively monitored through our risk management system.

During FY2025, we have thoroughly assessed the climate-related risks and opportunities of our subsidiary business groups, consolidating these insights into an integrated Group-level climate risk and opportunity register. This would facilitate more effective monitoring and management of identified risks and opportunities across the Group. Weaving these climate considerations into business decisions and strategy planning would reinforce our mitigation efforts and enhance our adaptive capacity to climate change.

Please refer to our latest ESG Report for more details and the progress made by our subsidiaries in the past financial year.