Setia-Wood obtains MTCS Certication
02 Oct 2018
Setia-Wood Industries Sdn Bhd (Setia-Wood), a subsidiary of S P Setia Berhad (S P Setia), recently obtained the Chain of Custody (CoC) certification under the Malaysian Timber Certification Scheme (MTCS), demonstrating its commitment to source sustainable materials.
With the MTCS certification, S P Setia effectively becomes the first property developer in Malaysia to showcase its support for sustainable forest management through such a certification. Setia-Wood aims to progressively increase the use of PEFC/MTCS-certified timber flooring for its residential projects. Hence, customers can make informed purchasing decisions when investing in their house that they are also contributing to the sustainable management of our forest.
The MTCS is a national timber certification scheme operated by MTCC to promote sustainable forest management. A CoC certified company must be able to demonstrate that it has implemented and fulfilled the necessary quality standards required under the MTCS which ensures that forests from which the wood is sourced and managed sustainably. Since the implementation of the MTCS in 2001, and as of August 2018, a total of 4.45 million hectares of forest areas and 365 timber companies have been certified under the MTCS. In addition, MTCS has been endorsed by the largest forest certification scheme in the world namely the PEFC (Programme for the Endorsement of Forest Certification) providing further credibility to the scheme.
The MTCS-certified flooring products will be used in S P Setia's eco-friendlyViia Residences located within the KL Eco City development. S P Setia has embarked on building green townships as far back as 2005 with its first eco-themed concept development, Setia Eco Park, in Setia Alam, Selangor. The Group has since proceeded with bigger and bolder initiatives in embracing eco concepts and sustainability, as exemplified in the Setia Eco Glades, Setia Eco Templer and soon to be launched Setia Fontaines in Penang.