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Today, Cenviro has expertise in waste management across a wide range of waste categories, providing specialised services delivered through its network of subsidiaries, associate companies and joint ventures, which include:
Owner of the first and largest integrated waste management centre in Malaysia, located in Negeri Sembilan, which has the capacity to store, treat and dispose of more than 100,000 tonnes of scheduled waste daily
Provides recycling and recovery services for scheduled waste, with license to recover resources from 14 Scheduled Waste Codes
Provides integrated municipal solid waste management and public cleansing services
Recycles a range of household and industrial e-waste and recovers precious metals to serve as raw materials for other industries
Through its wide range of services, Cenviro has become a key advocate and driver of Malaysia’s transition towards a sustainable future. Our involvement has played a critical role in this journey, enabling Cenviro to scale its operations, widen its waste management remit to new and growing categories of waste, and fully embrace ESGfriendly practices within its own business.
Instituting changes from the top down, we drove the formation of a forward-looking board, with a move towards increasing Cenviro’s exposure to the growing and critically important field of waste recycling and recovery, which included a minority stake acquisition of SPSB in 2016.
Under our active stewardship, Cenviro has been focusing more on internal ESG practices. This paved the way for the launch of the company’s five-year greenhouse gas (GHG) emissions reduction roadmap in 2021, under which they aim to reduce their GHG emissions intensity by 5% by 2025 (with 2020 as the baseline year) by improving usage efficiency of electricity, transportation and materials. With a GHG reduction of 1.34% in 2021, Cenviro is on track to achieve its target.
Cenviro’s business is inherently related to advancing responsible ESG practices, long before there were interest within this space, as it must ensure Malaysia’s hazardous waste is treated appropriately. With Khazanah as an active shareholder, Cenviro’s business model has led the way in becoming a circular economy leader within the country. Today Cenviro recycles approximately 2,000 tonnes of e-waste per year through SPSB, with a recovery rate of 99.7%. Meanwhile, EISB has localised waste recycling within local communities, launching Malaysia’s first drive-through recycling centre and developing a cutting-edge recycling resource hub to efficiently recycle paper, plastics and e-waste from municipalities.
Today, Cenviro is embarking on its next phase of growth with an ambition to be a regional waste management champion.
In May 2022, Khazanah entered into a strategic partnership with South Korea’s SK ecoplant Co. Ltd (SK ecoplant), so both shareholders can grow Cenviro to reach its regional waste management ambitions, by providing Cenviro access to cutting-edge waste management technologies and exemplary operational expertise that will spearhead its regional expansion and enhance its ESG performance.
Eco-friendly at its core, SK ecoplant’s capabilities span various critical fields and industries including recycling, waste management and renewable energy. As such, the partnership will empower Cenviro to further integrate sustainability within its mission and processes alike, enabling them to take a leadership role in Advancing Malaysia – and the region – towards a more sustainable future.
