Sustainability

Guided by our three-pillar approach of Planet, People and Progress, Solarvest is on an ongoing journey toward a greener and more resilient future. We implement comprehensive measures that drive tangible progress, underscoring our continued commitment to sustainability as a key player in the clean energy sector.

 

Our Sustainability Pillars

At Solarvest, sustainability is embedded at the heart of our business. Guided by our Vision and Mission, we embrace a holistic framework built on three pillars – Planet, People and Progress to drive our commitment to environmental stewardship, social responsibility, and sustainable growth. In line with our ambition to achieve net zero by 2050, we are advancing a structured transition roadmap that integrates climate action, innovation, and responsible practices across our operations and value chain. Our approach balances environmental stewardship, employee well-being, societal advancement and sustainable business growth to shape a cleaner, more resilient future for generations to come.

Vision

Energising a Regenerative World

Mission

We uplift the quality of life and enable meaningful transitions to net zero by making clean energy more reliable, accessible and affordable for all. To boldly grow the good of the Planet, People and Progress.

Pillars, Objectives and Material Matters

Planet

We are focused on driving climate actions and a circular economy through efficient resource and lifecycle management.

People

We are dedicated to promoting fair labour standards, ensuring employee health and safety, fostering diversity and actively engaging with the community.

Progress

We drive growth in clean energy through innovative and resilient solar solutions, backed by strong governance and data security.

Materiality Matrix

As part of our efforts towards continuous improvement, a materiality reassessment was conducted in FYE2025, to align with evolving business priorities and challenges in the clean energy sector. The exercise resulted in the identification of 15 material topics that are most significant to our stakeholders and business success, mapped in our materiality matrix.

UN SDGS

Our Sustainability Timeline

Driven by our pursuit of progress, we achieved several important milestones in our sustainability journey. As we continue to innovate and accelerate the adoption of clean energy solutions, we are solidifying our positive impact and making strides towards our net zero goal.

  • Listed on ACE Market of Bursa Malaysia before transferred to the Main Market within two years in FYE2021

  • Published first Sustainability Statement, outlining commitment to economic, environmental and social sustainability

  • Introduced a five-year strategic roadmap to guide sustainability efforts
  • Aligned reporting in accordance with Bursa Malaysia’s MMLR, the Sustainability Reporting Guide (3rd Edition), and with reference to GRI Standards

  • Developed the Sustainability Approach Framework

  • Adopted UN SDG 2: Zero Hunger, UN SDG 13: Climate Action and UN SDG 16: Peace, Justice and Strong Institutions

  • Re-assessed and identified nine key stakeholder groups

  • Implemented a Sustainability Governance Structure, integrated sustainability criteria into the performance evaluations of the Board and Key Senior Management
  • Continued adherence to Bursa Malaysia’s MMLR, ensuring active involvement of the Board in sustainability-related initiatives

  • Revised emission factors used in calculating GHG emissions and energy consumption

  • Conducted a re-assessment of the materiality matrix, incorporating water management as a newly identified material matter
  • Incorporate a climate section aligned with IFRS S2, identifying climate-related risks and opportunities
 
  • Addressed disclosure gaps related to Bursa Malaysia’s Common Material Matters and Sector-Specific Material Matters.
 
  • Adopted UN SDG 15: Life on Land, reinforcing our commitment to preserving biodiversity and ecosystems
 
  • Disclosed three consecutive years of quantitative data where applicable
 
  • Established a Net Zero Transition Roadmap to outline our pathway towards achieving net zero emissions by 2050
 
  • Introduced key policies such as the Sustainability Policy and Human Rights Policy

Our Reporting Guidelines and Principles

Solarvest complies with Bursa Malaysia’s Main Market Listing Requirements (MMLRs). Our ESG disclosures have been prepared with reference to the Sustainability Reporting Guide (3rd Edition), the GRI Standards, the UN SDGs, the IFRS S1 sustainability-related disclosures and the IFRS S2 climate-related disclosures.

As a constituent of the FTSE4Good Bursa Malaysia Index and FTSE4Good Bursa Malaysia Shariah Index, we have aligned our disclosures with their requirements.

As an active signatory of the United Nations Global Compact Network Malaysia & Brunei (UNGCMYB), Solarvest is dedicated to upholding the Ten Principles of the UN Global Compact — covering Human Rights, Labour, Environment and Anti-Corruption, across our entire value chain, driving sustainable and responsible business practices.

Our
Governance

A robust sustainability governance structure is key to driving our strategic objectives. We adopt a “tone at the top” approach, where senior management’s dedication to sustainable development shapes Solarvest’s culture and direction. Our governance framework functions across four tiers: the BOD, SRMC, MGMT and the SWG, each playing a pivotal role in advancing our sustainability agenda.

Our ESG Related Policies

Our ESG-related policies serve as guiding frameworks that embed environmental stewardship, social responsibility and strong governance practices into Solarvest’s operations and decision-making. They ensure that our commitments are translated into actionable measures that drive long-term value for both stakeholders and the planet.

Sustainability Policy

Anti-Bribery and Corruption Policy

Human Rights Policy

Whistleblowing Policy

Gift and Hospitality Policy

Remuneration Policy

QSHE Policy

Cybersecurity Policy

Our Accreditations, Awards and Certifications

Our accreditations, awards and certifications reflect Solarvest’s commitment to excellence, integrity and sustainable growth. They showcase the trust placed in us by industry leaders and stakeholders as we continue driving positive change.

2025

2nd Runner-Up Graduates’ Choice Of Employers - Renewable Energy

2025

Environmental Sustainability Award - Renewable Energy & Clean Technology

2024

World Distinguished Business Leader Lifetime Achievement Award

2024

Top 5 Graduates’ Choice of Employers - Renewables Energy

2023

Silver Award (SME & Mid Tier) - Relations with Local Communities

2022

CEO of the Year

2022

Solar Company of the Year: EPC Award

2021

Leadership In Community Initiatives Award

2020

Top 5 Malaysia’s Most Attractive Graduate Employers Award

2019

Solar Energy Leadership Award

2018

Fast Moving Companies Award

2018

Top 100 Most Influential Sustainable Entrepreneur Award

2016

Most Promising Award

2016

(Nan Yang) Excellent Eagle

2016

Excellence Company Award

2016

Best Turnkey Supplier Award

2015

Young/ Emerging Business Excellence Award

2015

ASEAN Most Recognized Brand Solar PV Service Provider

2015

(Nan Yang) Emerging Eagle

2015

Fast Moving Companies Award

Improved from 1 star in 2023 to 3 stars in 2024.

Constituents of:

  • FTSE4Good Bursa Malaysia Index
  • FTSE4Good Bursa Malaysia Shariah Index
  • ISO 9001:2015
  • ISO 14001:2018
  • ISO 45001:2015

Our Sustainability Statements

Our Sustainability Statements have been included in our Annual Reports for the respective financial years since 2020, providing a transparent account of Solarvest’s commitments, initiatives and performance across our three pillars: Planet, People and Progress. Learn more about our journey and impact as we work towards building a cleaner and more sustainable future.