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Our Material Factors

We strive to become the leading market for sustainability in ASEAN and an exemplary PLC that is not only benchmarked to international standards and frameworks but with peer exchanges as well.

The Environment

The Environment

The Importance of Environmental Management [GRI103-1]

As an Exchange our direct impacts on the environment are limited. Even so, we feel that environmental management is a core pillar of corporate responsibility and we promote good environmental practices among our employees and stakeholders. Though environmental topics were not identified as material to our organisation, in line with our stakeholder expectations we have included our key environmental initiatives and performance within this SR.

Our Approach to Environmental Management [GRI103-2]

Our environmental initiatives are managed by our Corporate Services Division through our Building Management and Administration departments. We do not currently employ a dedicated Environmental Management System (EMS).

Our focus is on the management of natural resources through our electricity and water usage, as well as the management of our general and scheduled waste. We also track our carbon footprint related to our electricity usage (Scope 2 emissions).

As electricity consumption makes up 96% of our GHG emission with paper consumption and business air travel making up the rest, we aim to reduce our GHG emission by 0.5% year-on-year. This will ensure that we continue to find ways to reduce the impact of our operations on the environment.

Energy Management and Greenhouse Gas Emissions [GRI302-1, GRI305-1, 2]

Our annual energy consumption at our Exchange Square head office in Kuala Lumpur has reduced by 13% since 20111. Our energy is sourced solely from the local electricity supply. This reduction is attributable to the variousinitiatives we have undertaken to reduce our consumption, such as:

Total energy consumption for our head office in 2016 was 7,817,810kWh (or 28,144.12 GJ). Data from our Labuan office location is not included given the insignificant contribution.

For our Greenhouse Gas (GHG) emissions we calculate and track our indirect energy emissions (Scope 2) at our Exchange Square head office as our electricity usage forms the largest component of our carbon footprint. Our Scope 2 emission is a total of 5,840 tonnes of CO2 equivalent (tCO2e) for 20162. This makes management of our energy use an important factor in reducing our Scope 2 emissions and our overall environmental impact. As we are an exchange and we do not operate a fleet of company vehicles we feel that the monitoring of direct emissions (Scope 1) is not applicable to us.

Further details of our energy consumption and GHG emissions are provided in the EES Performance Data Appendix to this report.

Sustainability Environmental

Water Management [GRI303-1, 3]

At our Exchange Square head office in Kuala Lumpur we consume water sourced locally from our water utilities supplier Syarikat Bekalan Air Selangor Sdn Bhd. In 2016 we purchased a total water volume of 53,940m3, equating to 14.65% reduction in purchased water since we first started recording our usage in 20113. This reduction is mostly attributable to our water management initiatives:

Water use from our Labuan office location is not included given the insignificant contribution. No water is reused or recycled at either office location.

Waste Management [GRI306-2]

We generate two types of waste in our operations: general waste and scheduled waste. Our scheduled waste makes up a small portion of our overall waste at only 0.08% of the total weight in 2016. This scheduled waste is composed of e-waste4, being mostly of fluorescent tubes5 in 2016 resulting from the completion of our light fitting refurbishment started in 2015. We appoint government-approved waste contractors for removal and disposal of both waste streams. Waste disposal from our Labuan office location is not included given the insignificant contribution. General waste is disposed to landfill at Bukit Tagar via the waste exchange station Taman Lembah Beringin Transfer Station Kuala Lumpur. Schedule waste is disposed of appropriately depending on its composition. For the fluorescent tubes they are collected and taken to a recycling plant at Telok Gong, Klang. At the recycling plant the mercury is removed from the fluorescent tubes, with the remainder of the tube disposed and recycled via a crusher machine.

We aim to reduce our GHG emissions by 0.5% year-on-year going forward from our 2016 baseline, ensuring that we continue to find ways to reduce the impact of our operations on the environment.

In 2016 we embarked on our ‘3R’ campaign to promote greener office environment. The campaign aims to get full participation and commitment from all Bursa Malaysia’s employees in the following activities:

  1. To reduce energy, water and paper consumption by optimising utilisation.
  2. To reduce paper consumption by minimising printing/ photocopying or using paper based document such as to print only the final copy, use double sided printing, use scanner or email to share and store documents electronically.
  3. To reuse paper to minimise waste by using one sided printed paper for draft documents.
  4. To recycle paper/other materials.

1. Scope includes the whole building with electricity usage by both Bursa Malaysia’s staff and tenants
2. Carbon emissions reported are referenced to the requirements of the WRI and WBCSD ‘GHG Protocol Corporate Accounting and Reporting Standard’. The equivalent CO2 emissions for electricity (Scope 2) are calculated based on conversion factors from the MYCarbon GHG Reporting Guidelines.
3. Scope includes the whole building with water usage by both Bursa Malaysia’s staff and tenants
4. Code SW110 in the First Schedule, Environmental Quality (Scheduled Wastes) Regulations 2005
5. Code SW109 in the First Schedule, Environmental Quality (Scheduled Wastes) Regulations 2005, waste containing mercury or its compound