Saturday August 18, 2012
YTL receives award for environmental sustainability
PETALING JAYA: YTL Corp Bhd received an award honouring its achievements in sustainability in the regional category of the Singapore Environmental Achievement Awards (SEAA) 2012 yesterday.
The award signifies YTL Corp’s leadership in environmental sustainability in its business operations.
Executive director and head of YTL’s sustainability division Ruth Yeoh said that the group was humbled to be the first regional organisation to be recognised by the Singapore Environment Council for its strong commitment to the environment across our businesses in Asia, Europe and Australia.
“Environmental sustainability is part of YTL’s culture and DNA and has been successfully incorporated into our business strategy for over a decade,” she said in a statement.
She added that the conglomerate looked forward to sharing its best practices with other corporations and individuals to inspire collective, positive efforts in reducing the carbon footprint.
Executive director of the Singapore Environment Council Jose Raymond noted that overall standards of environmental business excellence in Singapore and the region were on the rise.
“This is a trend that cuts across multiple industries such as construction, information technology or even education, just to name a few,” Raymond said.
YTL is now in the running for the CDL Outstanding Singapore Environmental Achievement Award to be announced later this month.
YTL has many environmental projects including coral repopulating programmes in the seas of Pangkor Laut, along Malaysia’s west coast and off the shores of Terengganu in the east. This won YTL the Green Leadership Award at the Asia Responsible Entrepreneurship Awards 2012 for South-East-Asia.
Other sustainable efforts include an in-house Clean Development Mechanism Consultancy known as YTL-SV Carbon committed to both internal and external projects, while its subsidiaries Wessex Water and Geneco Ltd have also invested and developed a VW Beetle named the “Bio-Bug” that runs on biogas generated from the sewage treatment process.