Business Council for Sustainable Development (BCSD) Malaysia

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Recording (13 March 2024)

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Event Details

With the recent global stocktake (GST) outcomes published during the UN Climate Change Conference (COP28), leaders within various industries are increasingly immersing themselves in the exploration of corporate climate strategies and high-impact solutions for the reduction of global greenhouse gas emissions. This "Delivering the 'Net' in Net-Zero: Discourse & Workshop Series" conceptualizes bridging existing knowledge gaps of carbon removal concepts and strategies as businesses embark on their net-zero transition.


Conducted collaboratively by the Business Councils for Sustainable Development (BCSD) Malaysiaand the World Business Councils for Sustainable Development (WBCSD), the discourse series aims to explore topics central to carbon removal strategies. This includes carbon dioxide removal (CDR), carbon capture, utilization, and storage (CCUS). To provide further context, CDR refers to approaches that remove carbon dioxide from the atmosphere using a wide array of approaches. This includes direct air capture (DAC) coupled with durable storage, soil carbon sequestration, biomass carbon removal and storage, enhanced mineralization, ocean-based CDR, and afforestation/reforestation.


Several policy frameworks have highlighted challenges across the energy transition levers from low-carbon emissions and clean energy solutions. These challenges encompass a lack of clarity and guidance in implementing decarbonization across the value chain, limited collaboration among stakeholders, and the capital-intensive nature of such initiatives. Therefore, the forthcoming discourse series aims to gather diverse expertise from various front-to-abate sectors such as oil and gas, and aviation. This collaborative platform will facilitate the sharing of perspectives on current carbon removal strategies within the local context, addressing challenges, and aligning plans with the national framework such as the National Energy Transition Roadmap (NETR).


Join us to embark on a transformative journey with us as we present our first discourse titled

"Understanding The Net In 'Net-Zero': Taxonomy, Options And Strategies in Carbon Removal"


Together, we can pave the way for a more sustainable and low-carbon future.


"Redefine Your Impact: Carbon Removal is Everyone's Business"

Agenda

March 13, 2024

Main Schedule

16:00 - 16:10
Welcoming Remarks & Introduction
Celine Ng (Project Coordinator at BCSD Malaysia Berhad)
Celine Ng
Joe Phelan (Executive Director, Asia Pacific & Member of the Extended Leadership Group at WBCSD)
Joe Phelan
16:10 - 16:25
The rationale and business case for carbon removal for net-zero transition
- Understanding the basics of carbon dioxide removal
- Considerations required in expediting ESG
- Identifying opportunities to scale up voluntary corporate commitments
Roberto Benetello (Founding Director of BCSD Malaysia Berhad)
Roberto Benetello
16:25 - 16:40
Understanding Net Zero: Taxonomy, Options And Strategies in Carbon Removal
- Overview of carbon dioxide removal (CDR) strategies
- Introducing the "removing carbon responsibly: A guide for business on carbon removal adoption report"
Neal Gray-Wannell (Manager (Carbon Capture Storage and Removals) at WBCSD)
Neal Gray-Wannell
16:40 - 16:50
Question and Answer Opportunity
Roberto Benetello (Founding Director of BCSD Malaysia Berhad)
Roberto Benetello
Neal Gray-Wannell (Manager (Carbon Capture Storage and Removals) at WBCSD)
Neal Gray-Wannell
Celine Ng (Project Coordinator at BCSD Malaysia Berhad)
Celine Ng
16:50 - 17:00
Net Zero Transition in Malaysia: Trends, Challenges, Opportunities
Net-zero carbon emissions transition in the aerospace Industry
Wan Muqtadir (Head of Sustainability (Operations – Assurance) at BSI Malaysia)
Wan Muqtadir
17:00 - 17:10
Net Zero Transition in Malaysia: Trends, Challenges, Opportunities
Technologies implemented in local projects towards responsible energy transition, current carbon capture technology (DACCS)
Diego Hopkins (Manager (Climate Change) in Corporate Sustainability at Petroliam Nasional Berhad (PETRONAS))
Diego Hopkins
17:10 - 17:20
Net Zero Transition in Malaysia: Trends, Challenges, Opportunities
Future foresight studies: Research, Development, Commercialisation, and Innovation (RDCI) ecosystem in supporting Decarbonisation
Trends, challenges, and opportunities for Malaysia (aligning with NIMP 2030)
Ts. Mohamad Azreen Firdaus Bin Abd Aziz (Principal Analyst at Malaysian Industry Government Group for High Technology (MIGHT) (Sustainable Development Technologies Division))
Ts. Mohamad Azreen Firdaus Bin Abd Aziz
17:20 - 17:30
Question and Answer Opportunity
Diego Hopkins (Manager (Climate Change) in Corporate Sustainability at Petroliam Nasional Berhad (PETRONAS))
Diego Hopkins
Wan Muqtadir (Head of Sustainability (Operations – Assurance) at BSI Malaysia)
Wan Muqtadir
Emily Oi (Director of BCSD Malaysia Berhad)
Emily Oi
Ts. Mohamad Azreen Firdaus Bin Abd Aziz (Principal Analyst at Malaysian Industry Government Group for High Technology (MIGHT) (Sustainable Development Technologies Division))
Ts. Mohamad Azreen Firdaus Bin Abd Aziz
17:30 - 17:35
Closing Remarks
Celine Ng (Project Coordinator at BCSD Malaysia Berhad)
Celine Ng

Speakers

Joe Phelan (Executive Director, Asia Pacific & Member of the Extended Leadership Group at WBCSD)

Joe Phelan

Executive Director, Asia Pacific & Member of the Extended Leadership Group at WBCSD

Celine Ng (Project Coordinator at BCSD Malaysia Berhad)

Celine Ng

Project Coordinator at BCSD Malaysia Berhad

Roberto Benetello (Founding Director of BCSD Malaysia Berhad)

Roberto Benetello

Founding Director of BCSD Malaysia Berhad

Neal Gray-Wannell (Manager (Carbon Capture Storage and Removals) at WBCSD)

Neal Gray-Wannell

Manager (Carbon Capture Storage and Removals) at WBCSD

Emily Oi (Director of BCSD Malaysia Berhad)

Emily Oi

Director of BCSD Malaysia Berhad

Wan Muqtadir (Head of Sustainability (Operations – Assurance) at BSI Malaysia)

Wan Muqtadir

Head of Sustainability (Operations – Assurance) at BSI Malaysia

Diego Hopkins (Manager (Climate Change) in Corporate Sustainability at Petroliam Nasional Berhad (PETRONAS))

Diego Hopkins

Manager (Climate Change) in Corporate Sustainability at Petroliam Nasional Berhad (PETRONAS)

Ts. Mohamad Azreen Firdaus Bin Abd Aziz (Principal Analyst at Malaysian Industry Government Group for High Technology (MIGHT) (Sustainable Development Technologies Division))

Ts. Mohamad Azreen Firdaus Bin Abd Aziz

Principal Analyst at Malaysian Industry Government Group for High Technology (MIGHT) (Sustainable Development Technologies Division)

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