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- The award reflects SkyWorld’s holistic approach to sustainability, where ESG principles are embedded across its operations.
KUALA LUMPUR (Oct 3): SkyWorld Development Bhd recorded its first win at The Edge Malaysia ESG Awards 2025, receiving Gold for ‘Emerging Leader’ award on Oct 1.
SkyWorld stated in a media release that the recognition underscores its commitment to environmental, social, and governance (ESG) practices.
The award reflects SkyWorld’s holistic approach to sustainability, where ESG principles are embedded across its operations.
This recognition also reinforces SkyWorld’s 4-star rating in the FTSE Russell ESG Ratings, placing the company among the top 10% of listed companies on the Main Market of Bursa Malaysia.
“Winning this award affirms that we are on the right track in embedding ESG principles into every aspect of our business. It motivates us to continue delivering long-term value for our stakeholders while making a positive impact on communities and the environment,” said Lee Chee Seng, CEO of SkyWorld.
As part of its ongoing ESG efforts, SkyWorld continues to use innovation, including prefabricated prefinished volumetric construction (PPVC). Its recently launched Malaysia’s largest affordable housing development in Penang uses this construction method.
This advanced “method reduces waste, lowers carbon emissions, and enhances built quality and safety, proving that sustainable practices and affordability can go hand in hand,” stated SkyWorld.
As Penang girds itself towards the last lap of its Penang2030 vision, check out how the residential segment is keeping pace in EdgeProp’s special report: PENANG Investing Towards 2030.
