MALAYSIA GREEN HIGHWAY INDEX: THE ESG QUADRUPLE HELIX JOURNEY
DOI:
https://doi.org/10.21837/pm.v23i38.1796Keywords:
Environmental Social Governance, Green Highway Index, Sustainable Leadership, Quadruple HelixAbstract
This paper highlights the Malaysia Green Highway Index (MyGHI) as a national index that evaluates the Highway Infrastructure responsible for green initiatives. The index offers a measurable system for assessing the highway operation and services that reflect on Environmental, Social, and Governance (ESG) factors. To evaluate and promote the sustainability of the life cycle of highway projects, the MyGHI assessment focused on the sustainable practice from design, construction, operation & maintenance of highways in Malaysia, which entails reducing carbon footprint, conserving resources, and environmental conservation. The study explores how a green policy is connected to green rating tools developed to meet governmental priorities for enhanced national sustainable development. The MyGHI ESG journey is a step-by-step process of government agencies and universities collaborating on the Quadruple-Helix Methodology. MyGHI elevates social factors concerned with sustainability, which creates rest and service areas and safety for the community, engaging the community in meaningful ways and achieving equitable allocation of comfort and safety benefits. As a result, this paper expounded on MyGHI ESG's road map from the cradle to the present.
Downloads
References
Acuña-Coll, N., & Sánchez-Silva, M. (2023). Integrating systems thinking and flexibility in infrastructure management. Innovative Infrastructure Solutions, 8(5), 144. https://doi.org/10.1007/s41062-023-01106-9
Auger, G. A. (2014). Trust me, trust me not: An experimental analysis of the effect of transparency on organisations. Journal of Public Relations Research, 26(4), 325–343. https://doi.org/10.1080/1062726X.2014.908722
Bhattacharya, A., Contreras, C. C., Jeong, M., Amin, A. L., Watkins, G., & Zuniga, M. S. (2019). Attributes and Framework for Sustainable Infrastructure (Technical Note: N IDB-TN-01653). Global Economy and Development at Brookings, IDB Group. https://doi.org/10.18235/0001723
Brühl, V. (2023). The green asset ratio (GAR): A new key performance indicator for credit institutions. Journal of Sustainable Finance & Investment, 13(1), 57–83. https://doi.org/10.1007/s40822-023-00224-0
Che, X., Song, C., & Li, J. (2024). How do corporate environmental, social, and governance (ESG) factors affect financial performance? Sustainability, 16(23), 10347. https://doi.org/10.3390/su162310347
Dwekat, A., Seguí-Mas, E., Tormo-Carbó, G., & Carmona, P. (2020). Corporate governance configurations and corporate social responsibility disclosure: Qualitative comparative analysis of audit committee and board characteristics. Corporate Social Responsibility and Environmental Management, 27(6), 2879–2892. https://doi.org/10.1002/csr.2009
Ebaid, I. E.-S. (2022). Corporate governance mechanisms and corporate social responsibility disclosure: Evidence from an emerging market. Journal of Global Responsibility, 13(4), 396–420. https://doi.org/10.1108/JGR-12-2021-0105
Economic Planning Unit. (2018). SDG Roadmap for Malaysia: Phase 1: 2016-2020. Ministry of Economic Affairs, Malaysia. https://ekonomi.gov.my/sites/default/files/2021-/SDG_Roadmap_Phase_I_2016-2020.pdf
Gara, J. A., Zakaria, R., Aminudin, E., Adzar, J. A., & Yousif, O. S. (2021). The development of real-time integrated dashboard: An overview for road construction work progress monitoring. Journal of Hunan University Natural Sciences, 48(5), 127–137.
Green, B. N., & Johnson, C. (2015). Interprofessional collaboration in research, education, and clinical practice: Working together for a better future. Journal of Chiropractic Education, 29(1), 1–10. https://doi.org/10.7899/jce-14-36
Husin, N. I., Julaihi, F.-A., Amat Rais, S. L., Redzuan, A. F., & Bidin, Z. A. (2024). An integrated analysis of green highway assessment criteria for sustainable infrastructure development. Planning Malaysia, 22(33). https://doi.org/10.21837/pm.v22i33.1557
Institute for Capital Market Research Malaysia. (2023). Environmental, social and governance (ESG) integration in Malaysia. https://www.icmr.my/wp-content/uploads/2023/08/ESG-Integration-in-Malaysia.pdf
Johan, K., Turan, F. M., & Wan Lanang, W. N. S. (2017). Perception of employees of industries in Malaysia on corporate sustainability in affecting customer confidence and loyalty: A case study. IOP Conference Series: Materials Science and Engineering, 226(1), 012061. https://doi.org/10.1088/1757-899X/226/1/012061
Ministry of Works Malaysia. (2020). Highway Network Development Plan 2030 (HNDP 2030).
Ministry of Works Malaysia. (2021). National Construction Policy 2030 (NCP 2030). https://www.kkr.gov.my/sites/default/files/2022-10/Dasar-Pembinaan-Negara-NCP2030.pdf
Mohamed Anuar, M. I. N. B., & Abdullah, S. A. (2021). The benefits of green infrastructure planning in addressing lost spaces underneath elevated urban highways. Planning Malaysia, 20(4), 255–270. https://doi.org/10.21837/pm.v20i23.1165
Pawar, M., et al. (2020). The sustainable development goals: An Australian response. Journal of International and Comparative Social Policy, 2(4), 374–393. https://doi.org/10.1177/2516602620983716
Planning Institute of Jamaica. (2019). Roadmap for SDG implementation in Jamaica. United Nations Development Programme. https://www.undp.org/jamaica/publications/roadmap-sdg-implementation-jamaica
Sahimi, N. S., Turan, F. M., & Johan, K. (2018). Framework of sustainability assessment (FSA) method for manufacturing industry in Malaysia. IOP Conference Series: Materials Science and Engineering, 342, 012079. https://doi.org/10.1088/1757-899X/342/1/012079
Schulte, J., & Hallstedt, S. (2018). Company risk management in light of the sustainability transition. Sustainability, 10(11), 4137. https://doi.org/10.3390/su10114137
Sideri, L. (2021). Leveraging CSR for sustainability: Assessing performance implications of sustainability reporting in a national business system. Sustainability, 13(11), 5987. https://doi.org/10.3390/su13115987
Uchehara, I., Moore, D., Jafarifar, N., & Omotayo, T. (2022). Sustainability rating system for highway design: A key focus for developing sustainable cities and societies in Nigeria. Sustainable Cities and Society, 78, 103620. https://doi.org/10.1016/j.scs.2021.103620
United Nations Office for Barbados and the Eastern Caribbean. (2023, November 9). UN convenes National Stakeholder Workshop to enhance SDG implementation and monitoring in Saint Lucia. https://easterncaribbean.un.org/en/252587-un-convenes-national-stakeholder-workshop-enhance-sdg-implementation-and-monitoring-saint
Wang, B., Wei, C., Shi, L., Cheng, X., & Shi, X. (2025). ESG and firm operational efficiency: Evidence from Chinese listed companies. Environment, Development and Sustainability, 27, 681-714. https://doi.org/10.1007/s10668-024-05865-y
Downloads
Published
How to Cite
Issue
Section
License
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 Unported License.
Copyright & Creative Commons Licence
eISSN: 0128-0945 © Year. The Authors. Published for Malaysian Institute of Planners. This is an open-access article under the CC BY-NC-ND license.
The authors hold the copyright without restrictions and also retain publishing rights without restrictions.
