"Sustainable development is development that meets the needs of the present without compromising the ability of future generations to meet their own needs."
The Brundtland Commission (1987)
ORIX Leasing Malaysia Berhad (and its Group of Companies) engages its duties with due consideration to the environment, society, and governance ("ESG") and adheres to the "ESG Policy" by ORIX Corporation, for achieving stable growth of unitholder value, which is ORIX’s management policy.
- Reduction of environmental load and formation of a recycle-based society
We focus on reduction of greenhouse gas emissions by improving energy efficiency and introducing energy-saving facilities / equipment on properties among other measures. Furthermore, we seek to create a recycle-based society by promoting efficient use of water and other resources as well as reduction / recycling of waste.
- Collaboration with stakeholders
We strive to contribute in forming a sustainable society by initiating dialogues with various stakeholders, including unitholders, tenants / business partners, communities, executives, and employees, through business activities.
- Enhancement of health and comfort of executives and employees
We aim to create pleasant working environments that uphold diversity and work-life balance towards the realisation of the "Keep Mixed" goal for our executives and employees, while strengthening competitiveness and aiming for health enhancement, safety, and comfort of staff.
- Risk management and compliance
We work to eliminate negative effects of transactions between parties that may cause conflict of interests by particularly paying close attention to conflicting interest transactions, while developing various in-house systems for appropriate risk management and thorough compliance with rules as well as laws and regulations.
- ESG education / enlightenment activities
We work to enhance awareness and knowledge of ESG among executives and employees through continuous education / enlightenment activities.
- Promotion of information disclosure and visualisation of ESG
We proactively disclose information on ESG to various stakeholders, including unitholders, business partners, communities, executives, and employees.
The credit balance extended to industries with high environmental impact (i.e., fossil fuel mining, palm oil plantations, and forestry) as of 31 March 2023 decreased compared to the fiscal year ended March 2020. We set a target ratio of Roundtable on Sustainable Palm Oil and Malaysian Sustainable Palm Oil-certified companies to the outstanding credit balance extended to palm oil plantation operators.
We aim to reduce the credit balance extended to industries with high environmental impact by 50% (compared to the fiscal year ended March 2020) by 31 March 2030. As part of this process, we consider both business and regional characteristics when ascertaining which borrowers to target, as well as assessing the possible reduction impact.