Sustainability

Sustainability | Tropicana Corporation Berhad

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Sustainability at Tropicana

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Our ESG Vision & Mission

  • We aspire to be one of the ESG champions in Malaysia, aligning ourselves with our corporate vision as well as global sustainability standards.

  • To become a future-ready property group that prioritises the importance of people, planet, and partnerships.

Sustainability Statement

For decades, Tropicana townships or developments have been guided by its 8 unique DNAs.

Sustainability DNA

Tropicana’s ESG DNA is similarly ingrained in the Group’s projects and operations. Centred around the 3 pillars of people, planet, and partnership, the Group believes that nurturing vibrant communities, protecting the environment, and building sustainable partnerships with stakeholders are vital to futureproofing the business and corporate reputation.

People

PEOPLE
Planet

PLANET
Partnership

PARTNERSHIP
Supporting Our People and the Community Creating Positive Impact to the Planet Bridging Everyone towards Common Goal
We believe in creating opportunities and developing talents to achieve long-term value while putting equality at the forefront. We recognise the finite nature of our planet’s resources as part of our environmentally responsible building philosophy. We aim to uphold partnerships that align with our principles and sustainability goals.

Our Sustainability Milestones

Milestone 1 Milestone 2

Sustainability Report

Prepared in accordance with Bursa Malaysia Main Market Listing Requirements, with reference to ISSB Standards (IFRS S1 and IFRS S2), as well as GRI and SASB Standards.

Explore our ESG performance and progress in our latest Sustainability Report.

Sustainability Report FY2025
Sustainability Report
Sustainability Achievement

Awards and recognition

Milestone 1

Our Commitment

As a leading property group, community builder, and responsible corporate citizen, Tropicana Corporation Berhad is committed to advancing sustainability across its diverse business interests. In response to the growing importance of Environmental, Social, and Governance (“ESG”) issues, Tropicana has developed a comprehensive Group Sustainability Policy to reinforce its dedication to sustainable practices.

By integrating our ESG vision and mission into Tropicana’s business conduct and operations, we aim to guide and accelerate the organization towards holistic sustainable development and ESG compliance, ultimately achieving long-term value creation for stakeholders.

In line with our commitment to sustainability and ethical business practices, Tropicana Corporation has established the following policies:

  • Sustainability Policy
    Tropicana aims to improve its sustainability practices across its diverse business interests, aligning our ESG vision and mission with our business conduct and operations to achieve holistic sustainable development and long-term value creation for stakeholders. For more information, click here.

  • Human Rights Policy
    Tropicana Corporation is committed to upholding human rights, diversity, and equality in our operations. This policy ensures fair treatment, respect, and dignity for all employees and partners, in alignment with international standards and local laws. For more information, click here.

  • Malaysian Code on Corporate Governance 2021
    National Code that outlines best practices and recommendations for organizations to implement as part of their corporate governance framework.

  • Personal Data Protection
    Discloses how information is collected and retained by the Group in accordance with the Personal Data Protection Act 2010 ("PDPA").

  • Policies & Procedures for Gifts and Hospitality
    This policy is to set out responsibilities and the responsibilities of those working for Tropicana in observing and upholding the Group's stance against bribery and corruption when giving and receiving gifts and hospitality; and to provide information and guidance to those working for the Group on how to recognise bribery and corruption issues when giving and receiving gifts and hospitality and the procedures for dealing with such issues.
    For more information, click here.

  • Whistleblowing Policy
    Tropicana Group is committed to the highest standard of integrity, openness and accountability in the conduct of its businesses and operations. The Group aspires to conduct its affairs in an ethical, responsible and transparent manner. Recognising the abovementioned values, we have developed this Whistleblowing Policy to provide a structured reporting channel and guidance to all employees and third parties to whistle blow on genuine concerns without fear of retaliation, victimisation and/or subsequent discrimination. This policy is to be read in conjunction with Tropicana's Code of Conduct, and the Group's Anti-Bribery and Anti-Corruption Policy.
    For more information, click here.

  • Anti-Bribery and Anti-Corruption Policy
    Tropicana Corporation and its subsidiaries is committed to conducting business ethically in compliance with all applicable anti-bribery and anti-corruption laws of the country in which the Group operates. The Group does not condone any form of bribery and corruption. This Anti-Bribery and Anti-Corruption Policy serves to provide guidance on how to prevent, deal with and combat bribery and corrupt activities and issues that may arise in the course of business.
    For more information, click here.

  • Code of Conduct
    The policy outlines the fundamental principles and values that guide behaviour within the organization. These principles may include respect, integrity, honesty, fairness, diversity, inclusion, confidentiality, and compliance with applicable laws and regulations.
    For more information, click here.

  • Diversity & Inclusion Policy
    Outlines the Group's commitment to ensuring fair practices throughout the organization.

  • Staff Development & Training
    It is the Company's policy to provide employees with the relevant training to acquire the necessary knowledge, attitude, skills and right habit to complement the employee's self-development and career growth hence employees are able to perform the required job function in the company,in line with the company's business goals.

  • Sexual Harassment at Workplace
    Tropicana will not encourage nor tolerate any form of speech and conduct which may fall under the term which constitutes "Sexual Harassment" whether subtle or explicit. It is the Group's policy to preserve a professional working atmosphere of trust and respect, and its employees should have the right to work in an environment free of sexual harassment no matter what their gender.

  • Discrimination
    Tropicana Corporation portrays professionalism, equality, and respect for its employees from various backgrounds. It is to be warned that severe disciplinary action would be taken against any form of discrimination at the workplace regardless of whether direct or indirect, may it be discrimination based on gender, age, political opinion, disability, sexual, verbal and/or physical, and multiple discrimination and workplace bullying.

  • Grievance Handling Procedure
    Provides detailed instructions on reporting grievances at the workplace.

Our Framework & Approach

Sustainability Framework

ESG Vision

We aspire to be one of the ESG champions in Malaysia, aligning ourselves with our corporate vision as well as global sustainability standards.

Mission

To become a future-ready property group that prioritises the importance of people, planet, and partnerships.

Core Pillars People Planet Partnership
Our Commitments We believe in creating opportunities and developing talents to achieve long-term value foor the business while putting equality at the forefront. Our developments are underpinned by social responsibilities to build a harmonious commnunity and enhance living quality. We recognise the finite nature of our planet's resources as part of our building philosophy that prioritises environmentally responsible architecture and create impactful efforts to conserve or enhance the natural environment within our developments. We aim to uphold current partnerships that serve our business purposes to Redefine that Art of Living while striving to create new collaborative opportunities tha align with our principles and sustainability goals.

UN SDG Alignment

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    To ensure healthy lives and promote well-being for all

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    We support learning and capability development through employee training, professional development programmes and internship opportunities

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    To foster a workplace environment where everyone is treated with respect regardless of gender identity

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    To ensure availability and sustainable water management and sanitation management for all

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    To incorporate renewable energy (solar) options into our development where possible towards adopting cleaner energy

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    To provide a safe and conducive environment for our employees through fair practices and business development

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    To inculcate innovative measures that serve to enhance our deliverables and service quality

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    To promote equal opportunities for our employees and general society

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    To adopt sustainable measures throughout our developments and facilities community-building initiative

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    To actively work towards sustainable construction practices and development buildings that provide sustainable living solutions

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    To mitigate climate change impacts by reducing carbon footprints through energy-efficient design and operation

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    To sustainably manage forests, combat desertification, halt and reverse land degradation, and halt biodiversity loss

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    To conduct business ethically in compliance with all applicable laws, while empowering our workforce through fair practices and rejecting any form of discrimination

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    To build sustainable partnership and new collaborative opportunities that align with our principles and goals

Tropicana ESG Purpose & Priorities


Support investors in making ESG investments in Malaysian listed companies & increase TCB ESG rating in Bursa Malaysia

Increase Tropicana brand value and position by creating a positive impact in areas where we operate through ESG best practices as well as gain award/recognition

Encourage good corporate governance across the board – BOD, management, employees, supply chain

Tropicana to invest in ESG learning & development programme to ensure employees recognise the value of sustainability

Support UN’s global vision towards Net Zero 2050, creating a livable world & sustainable economy

Invest in community engagement towards positive societal impact through Tropicana Foundation


The materiality matrix below illustrates our material topics aligned along the horizontal axis to indicate their importance of the economic, environmental, social, and governance impacts on the business. The topics are positioned along the vertical axis to reflect their influence on stakeholder assessment decisions regarding our business engagements.

FY2024 Materiality Matrix


Stakeholder Engagement

The Group strives to maintain a clear and open channel of communication with our stakeholders to optimise the value creation of our business. We acknowledge the significant role of stakeholders in our busines, we engage with them to understand and address the specific interests and concerns of each group. This approach helps foster long-term value for all parties involved.

Explore our stakeholder engagement initiatives in detail here.

Stakeholder Engagement

Our Sustainability Governance

Sustainability Governance Structure

We have established a sustainability governance structure to manage our economic, environmental and social risks and opportunities, integrating EES matters into our business strategy, governance, and decision-making.

Our sustainability governance structure serves as a driver to steer the Group towards our ESG aspirations. The Board of Directors (The Board) is supported by our Risk Management & Sustainability Committee, Sustainability Management Team and Sustainability Steering Committee.

The following diagram illustrates Tropicana's sustainability governance structure which defines roles and responsibilities at every level for effective decision-making and implementation.

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Risk Management & Sustainability

Effective risk management practices are a crucial aspect of our sustainability governance...

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