PHB Secures Upgrade to Gold1 Sustainability Rating from RAM Sustainability

Published on 08 Dec 2025.

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Group Achieves Platinum for Social Rating

 

SHAH ALAM, 8 DECEMBER 2025 – Pelaburan Hartanah Berhad (PHB), together with RAM Sustainability Sdn Bhd (RAM Sustainability) today announced the upgrade of PHB’s Corporate Sustainability Rating to Gold₁ from Gold₃.

This upgrade follows RAM Sustainability’s annual review, which also saw PHB achieves the highest possible rating of Platinum for the Social pillar, a significant ascent from its previous Gold₃ rating. Concurrently, the ratings for the Group’s Environmental pillar was upgraded to Gold₂ from Silver₃ while the Governance pillar  was affirmed at Gold₂.

Group Managing Director/Chief Executive Officer of PHB, Mohamad Damshal Awang Damit, said, “The upgrade of our overall Sustainability Rating to Gold₁ marks a significant milestone in PHB's sustainability journey. We are equally proud to have achieved a Platinum rating for our Social performance, which validates our mandate of deriving value from commercial real estate for the benefit of the Bumiputera community and to do so responsibly.”

“Moving forward, we remain committed to our 3-Year Risk Strategy Blueprint and our Environmental Roadmap 2030. By integrating robust Environmental, Social, and Governance (ESG) criteria into our supply chain and focusing on socioeconomic empowerment initiatives, we ensure that PHB’s growth translates into tangible, positive impacts for our tenants, investors, and the wider community."

“PHB’s Sustainability Rating upgrade demonstrates solid ESG progress achieved through the continuous adoption of best sustainability practices,” said Chief Executive Officer of RAM Sustainability, Gladys Chua.

“It underscores the Group’s commitment to environmental stewardship as well as social initiatives that support socioeconomic empowerment and inclusive local growth for the Bumiputera community,” she added. 

The upgrade to a Platinum Social rating reflects PHB’s role in strengthening Bumiputera participation in real estate through the Amanah Hartanah Bumiputera (AHB) , a Shariah-compliant unit trust fund. This is complemented by its proactive tenant-centric approach, supported by digital engagement systems that enhance responsiveness and drive high satisfaction levels, with the Group achieving an 81% tenant satisfaction score.

On the environmental front, the upgrade to Gold₂ was driven by significant improvements in supply chain management. In the 2024-2025 financial period, PHB successfully integrated environmental and social criteria into its Vendor Performance Assessment (VPA), covering climate action, energy efficiency and human rights. The Group also expanded its G.R.E.E.N Policy and aims to increase its portfolio of green-certified buildings to 37% by 2025.

Although not mandated by listing requirements given its status as an unlisted company, PHB upholds high standards of accountability and corporate governance. Demonstrating a proactive stance on disclosure, the Group released its inaugural sustainability report guided by the Securities Commission’s Simplified ESG Disclosure Guide (SEDG).

 

ABOUT PELABURAN HARTANAH BERHAD

Established in May 2006, Pelaburan Hartanah Berhad (PHB) is a property investment company founded on the following core principles, enhancing shareholder and investor values, practicing sound corporate governance, fostering innovation and growth and cultivating talent and reward performance. PHB’s goal is to enable long-term growth through participating in the ownership of prime commercial real estate investment. More information can be found at www.phb.com.my

ABOUT RAM SUSTAINABILITY SDN BHD

RAM Sustainability Sdn Bhd (RAM Sustainability) is a provider of sustainability services and ESG analytics. Incorporated on 31 May 2000, RAM Sustainability is a wholly owned subsidiary of RAM Holdings Berhad (RAM Group). RAM Sustainability is the first ASEAN-based provider of ESG ratings and second opinions and has the distinction of being the first Registered Observer of ICMA’s Green Bond Principles, Social Bond Principles, Sustainability Bond Guidelines and Sustainability-Linked Bond Principles in ASEAN. It was a member of ICMA’s Advisory Council to the Green Bond Principle and Social Bond Principle Executive Committee for three consecutive terms. For further details, please refer to https://www.ram.com.my/sustainability.

For any media inquiries, please contact:
Pelaburan Hartanah Berhad:
Amalia Hasannudin
Corporate Communications
Tel: +603- 77113185 / 017-3096519
Email: amalia@phb.com.my

RAM Sustainability Sdn Bhd:
Sakinah Arifin
Tel: +603- 2708 8212
Email: sakinah@ram.com.my