Enhance social well being via Community Initiatives i.e. social responsibility commitments including community investments, community development programmes for positive long term impact to society and employee volunteerism activities.
Investing in Infrastructure
We are mindful of the need to apportion economic values generated by our business operations to the development and maintenance of community facilities and local landscapes of our surrounding developments as these serve to enhance social interaction and economic progress. Our infrastructure investments are made with sustainability, connectivity and inclusivity in mind, with commercial and retail areas thoughtfully planned with public infrastructures to derive socio-economic multiplier effect for the communities in the townships that we develop.
In FY2023, IOIPG has increased accessibility in Yongchun County by constructing a connecting road to the main road, maintained urban green spaces in our townships, contributed to the safe and conducive learning space in schools and constructed 432 affordable homes in Negeri Sembilan and Johor.
Unearthing Young Talents
The Group recognises the importance of strategic collaboration with youth organisations to allow for active involvement of youth in assisting in specific projects; honing skills in planning, decision-making and project implementation.
Investing in Our Future - IOI Foundation
IOI Foundation which is supported by the Group contributes financially to various schools, hospitals, welfare homes and charitable bodies, and offers scholarships and grants to students. We invest in educational and human capital development programs as we believe every child deserves equal access to education for a brighter future.
For more information, please visit yayasan.ioigroup.com.
Advocating a Circular Economy
Bargain Basement, initiated by IOI Foundation, is a retail store based on the concept of circular economy that encourages the public to donate their pre-loved and unused items to the store. These items are sold at a minimal cost with net proceeds being channeled to charity organisations. In FY2023, Bargain Basement opened its 4th store in Universiti Tunku Abdul Rahman (UTAR), Sg Long.
Please visit www.bargainbasement.com.my for more information.
Engaging Local Communities
The Group places a significant emphasis on employee volunteerism to propel our corporate responsibility endeavours, achieving the dual purpose of fostering closer relationships among colleagues and inspiring individuals to give back to the community. In FY2023, a total of 216 employees collectively devoted 1,617 hours to volunteer activities.
Within the hospitality business segment, we have set an internal annual target of achieving 90% staff participation and volunteerism in our Take Care Program, which emcompasses CSR related events aimed at creating a positive impact on the community.
IOIPG has worked with partners to build rainwater harvesting systems that serve as sustainable water sources for local communities. Rainwater harvesting is one of IOIPG's initiatives to promote sustainable lifestyles that promote water conservation and responsible use of natural resources. This is in line with the Group's Sustainability Strategic Theme of Urban Green.
Revitalising for Community Needs
The Group has been steadily enhancing its buildings to ensure optimum business operation and maintaining excellence in delivering convenience to the community we operates in. We rehabilitate aging buidings to enhance thermal comfort, improve energy and water efficiency, as well as introducing new tenants to uplift the communities shopping experience. For example, the Group has progressively upgraded the IOI Mall Puchong since its inception in 1996, to accommodate the expanding population in the Puchong region. The Group also initiated refurbishment and facilities upgrade at IOI Mall Kulai, which is operational since 2001. These improvements would cater to the community's daily needs and lifestyle.