|Playing our part in Sustainable Development - together, as a nation|
The Malaysia Sustainable Development Goals Trust Fund (MySDG Trust Fund) was launched on 27th January 2022. It is a multi-donor mechanism inclusive of the private sector, non-governmental organisations, civil society, academia, citizens and other development actors alike to collaborate in achieving the sustainable development goals (SDG) collectively and as a nation.
This is a result of a strategic collaboration between the Malaysian government and the United Nations to attract contributions to implement various SDG programmes to address issues pertaining to poverty eradication, wildlife welfare and environmental and biodiversity conservation. The SDG are integrated—they recognise that action in one area will affect outcomes in others, and that development must balance social, economic and environmental sustainability.
In the immediate term, the MySDG Trust Fund will be geared towards the preservation of the country’s natural environment and its biodiversity. Subsequently, the scope of programmes and projects will be expanded for other SDG-related projects.
At the launch, Prime Minister Ismail Sabri Yaakob mentioned “Should we neglect this balance, the impact would be very significant – as we have seen recently – or it could be worse. This supersedes any measurable financial value”.
Leading by example, the Malaysian government allocated RM20 million to kickstart the five-year national development plans - providing an overarching policy framework for the country to achieve the SDGs in the medium and long-term.
For further information about MySDG, click here.
|UK - ASEAN Business Council | Sustainability Week Asia|
Sustainability Week Asia will bring together more than 1,500 industry leaders, policymakers, entrepreneurs and researchers from across Asia-Pacific to discuss how they can effectively measure, analyse, transform and scale their sustainability initiatives.
Through a series of debates, discussions, interviews and case studies, bringing together an expert speaker faculty to discuss how organisations can optimise their ESG performance.
How can capital flows be influenced towards activities that will support the transition to a low-carbon, climate-resilient and sustainable economy? What financial instruments will help organisations achieve their strategic (sustainable) growth objectives? And, how can and are organisations measuring, managing and mitigating climate change risks?
Make the most of the virtual week - mark your calendar for 14th to 17th February 2022!
|Council for Business with Britain - Sri Lanka | Tourism in Sri Lanka - Much More For Visitor to Enjoy|
Internationally known as the "pearl of the Indian Ocean", there's more than just beautiful beaches in Sri Lanka. Join the 90-minute panel discussion and presentation on the diverse destination and experience-based tourism options from wildlife areas to the country's eight UNESCO heritage sites.
Date: 2 February 2022
Time: 3:00pm (Sri Lanka) / 9:30am (UK)
|A Message from British Chamber of Commerce on Climate Challenge|
Representing the best interests of British business, the British Chamber of Commerce calls for togetherness in addressing the single most important long-term issue - climate change.
"We at the British Chambers of Commerce are committed to helping them (members) play their role through a wide range of initiatives. This Hub, developed with partners who share our ambition and values, is one of those initiatives, and it showcases many more. It comprises three sections, which will evolve and grow over time to give businesses more insight, support and best practice help, allowing them to understand how they can best make their contribution and what is expected of them."
Read up on Climate Challenge by clicking on the link below.
Take 5: A Year In Review
Launched in February 2021, this exclusive interview – Take 5 offers an insider’s look into our respective members’ Green agenda and how their organisations are implementing various initiatives, activities and commitments that are both environmentally-friendly and sustainable. Featuring prominent members’ CEO, the interview aims to highlight industry champions and key opinion leaders to further push the Green narrative as a sustainable aspect of any business operation.
A year down the road, we have had the privilege to interview and feature ten (10) members’ CEO from prestigious organisations such as Standard Chartered, HSBC, PwC, Smith + Nephew to name a few - these are well-known organisations that are leading the green curve in terms of initiatives and implementation. As an example, Shell Malaysia have installed solar panels on rooftops of over 150 retail stations and are using wind and solar energy to power their offshore projects. University of Nottingham emphasise on student initiatives to reducing single-use plastics and encourage sustainable eating and reducing food waste. And HSBC are in the forefront of sustainable finance with green bonds and sustainability sukuks.
As we look to another year, we would like to call upon any interested members to participate in this interview and join us in our journey to ensuring a Green trail wherever we go.
|Mandarin Oriental | MO Kuala Lumpur's Path to Sustainable Hospitality|
The MoU signed by Worldwide Fund for Nature (WWF-Malaysia) and Mandarin Oriental Kuala Lumpur back in 2019 provided a seamless channel of knowledge and skills sharing on sustainable practices - mainly on seafood, food waste and eliminating of single-use plastic.
3 years down the road, catch up on the progress update of the Hotel's journey to sustainable hospitality.
Click on the link below to read up on the press release.
|NexAMS | Survey on Protecting Coastal Nature and Biodiversity (Mangroves) in Malaysia|
Mangroves contribute to businesses and communities through multiple ecosystem services yet are undervalued and under-protected in Malaysia. When it comes to natural climate solutions, the private sector is uniquely positioned as both a catalyst and accelerator for mangrove protection and mitigation.
University of Malaya together with NexAMS are conducting a business case study on the role of the private sector in protecting coastal nature and biodiversity (mangroves) in Malaysia. Please take this survey so they can understand how your company intends to adopt sustainability measures.
|Deloitte Asia Pacific (AP) | 2021 Asia Pacific Impact Report|
Deloitte Asia Pacific (AP) believes climate change is the biggest shared challenge facing humanity. It is a social, humanitarian, moral, environmental, and economic issue - and there is only a narrow window of time the next 10 years to make the decisions needed to alter the world’s current trajectory.
To mitigate the risks posed by climate change, the global economic system must be transformed to decouple growth from emissions-intensive activities. The fight against climate change will be won or lost in Asia Pacific, and so we all must also do our part.
Browse through their report and get inspired with #ImpactThatMatters.
The report is available in English, Chinese and Japanese.
Click on the link below to access.
|Malaysia Aviation Group | Bespoke Sustainable Handbag|
Malaysia Aviation Group (MAG) recently collaborated with Malaysian homegrown brand, THESELINA to unveil five bespoke sustainable handbag collection - crafted with materials handpicked and repurposed from the aircraft's seating accessories to cabin crew uniforms.
Acting Chief Sustainability Officer of MAG and CEO of Firefly, Philip See, said "We at MAG believe that our customers should be able to enjoy the finer things in life while remaining conscious of our role in caring for the planet."
|Malaysian Government Launches Malaysia Renewable Energy Roadmap|
The Ministry of Energy and Natural Resources (KeTSA) launched the Malaysia Renewable Energy Roadmap (MyRER) in December 2021 to outline the strategic plans and initiatives by the Government in the Renewable Energy sector to meet its target of 31% of Malaysia’s installed capacity by 2025 and 40% by 2035.
The roadmap will outline opportunities for industry players in the Renewable Energy sector.
More information and the MyRER can be found on the read more hyperlink.
|Malaysia’s National Marine Litter Policy and Action Plan 2021-2030 Launched|
The Ministry of Environment and Water (KASA) launched the National Marine Litter Policy and Action Plan 2021-2030 to highlight the problem of marine litter that is causing damage and harm to marine animals and the environment.
The document outlines strategic actions along the value chain of plastic life cycle that would reduce marine plastic pollution through these five pillars:
- Policy Adoption and Implementation, Deployment of Technologies
- Innovation and Capacity Building
- Improve Monitoring and Data Collection on Marine Litter
- Communication, Education & Public Awareness (CEPA) and Outreach
- Whole-of-Nation and Multi Stakeholders Approach
This will provide opportunities for technology and solution providers in this sector to contribute to the government’s aspirations to implement circular economy as a catalyst for resource sustainability.
Read more on the policy and action plan.
|2022: The Year of Climate Adaptation|
Read up on this powerful message delivered by Emma Howard Boyd, Chair of the Environment Agency at the Coastal Futures Conference on 19th January 2022.
Click on the link below to access the speech.
UK to invest 42 million on offshore wind projects
Shell Malaysia forges partnerships to expedite energy transition
Urgent, compelling need to preserve, protect Malaysia & natural environment
-New Straits Times