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Wasco Berhad

This organisation is included as an 3-Star Lister under The ESG Select List, with initiatives spanning three areas of the framework. Their efforts reflect a broad scope of sustainability actions across environmental, social, and governance dimensions.

 

Below are the initiatives they have chosen to feature, along with supporting materials that offer further insight into their sustainability approach.

Initiatives Section

ESG Trailblazer​

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Established ASEAN’s first Sustainable & Transition Finance Framework in 2024, creating a regional standard for funding transition projects that fall outside traditional green bonds, validated by a USD 25 million sustainability-linked loan.

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The North Star ESG Target Setting

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A 2026 target to achieve Net Zero Operational Emissions (Scope 1 and 2) reflects one of the sector’s most accelerated decarbonisation timelines, placing the organisation well ahead of typical 2050 ambitions.

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Purposeful Partnership​

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Advanced the Wasco Forest Initiative Phase 2 with the Forest Research Institute Malaysia (FRIM) — a 30-year, science-led commitment to plant one million trees, projected to sequester 40,000 tonnes COâ‚‚e from Phase 1 alone.

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About Us
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UN Global Compact Network Malaysia & Brunei (UNGCMYB) is the official country network of the UN Global Compact, a special initiative of the United Nations Secretary-General. It represents a movement, a collective awakening of businesses in Malaysia and Brunei, united under the Ten Principles in the areas of human rights, labour, environment, and anti-corruption.

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With over 20,000 participating companies globally, including more than 270 from Malaysia and Brunei Darussalam, and 62 country networks spanning 67 countries, we are the leading advocate for action in shaping the business sustainability space in Malaysia and Brunei. We empower both corporates and SMEs with the learning, connections, and enablers needed to Forward Faster toward a collective sustainable future.

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E: info@ungcmalaysia.org

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Contact Us

KL Office:

B-8-3A, Block B West, 

Menara PJ8, Jalan Barat, Seksyen 8 

46050 Petaling Jaya, Selangor

T: +6 03 2935 9051

Johor Office:

No. 51B, Jalan Impian Emas 5/1,

Taman Impian Emas,

81300 Skudai, Johor

T: +6 07 5712 016

Labuan Office:

Office Suite 1626, Level 16 (A), Main Office Tower, Financial Park Complex Labuan, Jalan Merdeka, Labuan F.T Malaysia (87000)

T: +6 08 7490 175

© 2025 by UN Global Compact Network Malaysia & Brunei

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