The formwork made up of Industrialized Building System is being acknowledged in many writings as a construction method that has many advantages especially on aspects of construction sustainability. This paper discusses the outcome of a research aimed in determining factors and elements that lead to selection of responsive formwork system. A list of sustainability elements in construction development is being summarized through several references. The development of questionnaire survey took place whereby it has been divided by three parts that are the demographic of respondents, the selection factors of formwork system and responsive level of sustainability objectives towards formwork system. The survey was conducted in several construction sites in Malaysia. The findings highlighted the sustainability elements for optimal Industrialized Building System (IBS) formwork system. This study encourages application of modern method to response to sustainable construction.