PKNS FMI Launches Inaugural Sustainability Report

By Nadia Jumri

SHAH ALAM, Dec 23 (Bernama) -- PKNS FM Integrated Sdn Bhd (PKNS FMI) has released its inaugural Sustainability and Environmental, Social, and Governance (ESG) report, which outlines the company’s sustainability-related performance and initiatives for the period from Jan 1, 2024 to May 30, 2025.

Its chief executive officer (CEO), Shamshul Bahari Ahmad, said the report addresses the material ESG topics identified as most relevant to PKNS FMI’s stakeholders, including economic and environmental impact and resource management.

“It also includes worker welfare, safety, and community engagement, as well as corporate governance, ethics, and compliance,” he said at the launch of the PKNS FMI 2025 Sustainability Report, here, recently.

PKNS FMI is a facilities management company incorporated in early 2023 as a wholly-owned subsidiary of the Selangor State Development Corporation (PKNS), supporting the state’s sustainable development agenda by delivering comprehensive and integrated facilities management services. 

He said the extended reporting period was adopted to provide a more comprehensive overview of the company’s early-stage sustainability performance, particularly given the limited availability of historical data.

“Moving forward, PKNS FMI plans to adopt an annual reporting cycle, with the next sustainability report expected to cover the period from July 1, 2025 to June 30, 2026, or as aligned with future internal reporting structures,” he added.

Shamshul Bahari noted that the report is more than just a milestone, it reflects PKNS FMI’s values, aspirations, and responsibility as a company trusted to manage critical assets that serve people every day.

Furthermore, he said the company’s direction is also shaped by the vision of the Selangor State Government, through the First Selangor Plan 2021-2025 (RS-1) and the upcoming Second Selangor Plan 2026-2030 (RS-2).

“We are also guided by national and global frameworks such as Bursa Malaysia’s Sustainability Reporting Guide, the Global Reporting Initiative (GRI) Standards and the United Nations Sustainable Development Goals,” he said.

Meanwhile, when met after the launch, he told Bernama that PKNS FMI is set to expand its role as a key facility management provider for state-linked assets following its appointment to manage five additional PKNS-owned buildings beginning Jan 1, 2026.

“The expanded portfolio includes Kompleks PKNS Shah Alam, Menara PKNS Petaling Jaya, Kompleks PKNS Bangi, Wisma Yakin, and Shah Alam City Centre (SACC) Mall. PKNS FMI is also on track to introduce circular economy initiatives for the Shah Alam Sentral mixed-use development,” he said.

PKNS CEO Datuk Mahmud Abbas said the state agency has high hopes for PKNS FMI to play a meaningful role in improving the quality of the urban environment.

“Many buildings under PKNS were previously not maintained to the standards expected of assets located in city areas. This situation began to improve when there was a stronger focus on proper maintenance and facilities management.

“PKNS FMI’s role is not merely as a building owner, but as a professional facilities and asset management company. Our aspiration is for PKNS FMI to ensure that buildings and assets are maintained to standards that meet customer expectations,” he said.

He added that PKNS hopes PKNS FMI will not only generate business but also elevate the overall standard of asset management.  

-- BERNAMA