BMCC Newsletter #346 - Green Edition #21 (27 March 2023)
Dear Subscriber, |
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Revolutionising the Global Export Supply Chain for a Sustainable Future |
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Together with the British High Commission Kuala Lumpur, we successfully organised a forum on Greening the Global Export Supply Chain, in collaboration with MATRADE as part of the BMCC's Climate Action Series.
Greening the global export supply chain is an urgent issue that requires immediate attention and action. The world is facing unprecedented environmental challenges, including climate change, resource depletion, and pollution, which are having a significant impact on our planet and society. The global supply chain plays a critical role in addressing these challenges in moving towards a sustainable future.
The forum brought together stakeholders from across industries to collaborate, share best practices, and drive innovation towards sustainable supply chains - in an effort to reduce the environmental impact of production and transportation, minimise waste and emissions, and promote the use of renewable resources. Participants also had the opportunity to hear from our speakers from the Government agencies on programmes and incentives available to support SMEs to embark on green initiatives.
Thank you, HE Charles Hay, MVO, the British High Commissioner to Malaysia; Shamsul Bahar, CEO of Malaysian Green Technology & Climate Change Corporation (MGTC); S. Jai Shankar, Director and Sustainability Lead of MATRADE; and Alastair Reed, Site Director, KL Manufacturing of Haleon, for sharing your insights and expert opinions, and Malar Odayappan, Director of Social Impact, Sustainability and Climate Change of PwC Malaysia for expertly moderating the panel discussion. Our appreciation to the British High Commission, KL and MATRADE for this important and timely collaboration.
Key takeaways from the forum:
- Everyone can join the green movement through MGTC's MyHIJAU - Malaysia's official green recognition scheme. The MyHIJAU mark and directory promotes the sourcing and purchasing of green products and services in Malaysia.
- We can only advance sustainability by working together as a team, shared Haleon. In driving the agenda forward, their organisation made it clear that they are all about sustainability and going green. Therefore, they will only work with those heading the same direction.
- MATRADE in collaboration with MITI and Bank Negara Malaysia is in the midst of rolling out the Greening Export Supply Chain Initiative (GxSCI), an engagement programme with a component called fund-matching, whereby MATRADE will be linking Malaysian companies, especially exporters to all the financial incentives that the Malaysian Government currently offers through various Ministries and agencies that can promote various different aspects of ESG compliance.
Together, let's make changes happen to meet net zero goals and to influence moves toward a Sustainable Supply Chain. Greening the global supply chain also presents economic opportunities for businesses as sustainable practices can improve efficiency, reduce costs, and enhance brand reputation, positioning companies for long-term success. |
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Join Our Initiatives and Be Part of The Change!
The Sustainability agenda is a top priority of the Chamber as it is also the top priority of our member organisations.
BMCC Sustainability Network formerly known as Green Initiatives Network Led by our members, this is a platform for members to share and exchange experiences, voice challenges faced in their sustainability journey, and identify key areas that we can collectively advocate. It is through shared voice, can we collectively bridge the gap between policymakers and the industry and form public-private partnerships to advocate the agenda in Malaysia. Please contact Daniel@bmcc.org.my if you are interested to be part of the network. (Open to members only)
BHC-BMCC: Launch of UK-Malaysia Clean Growth Handbook on 9 May 2023 The launch of the UK-Malaysia Clean Growth Handbook marks a significant milestone for both nations in achieving sustainable economic growth while reducing greenhouse gas emissions and protecting the environment. The handbook showcases best practices in the UK and promotes opportunities for UK-MY collaboration in the Energy, Transport, Building & Manufacturing sectors. Join the launch event's panel and hear from our experts what the handbook entails, the opportunities and potential collaborations present in our economy, and how it can act as a tool to foster closer collaborations between Malaysia and UK companies in pursuit of clean growth. The event is by invitation only. If you are interested, contact Darshini@bmcc.org.my.
The BMCC Malaysia Climate Action Week is Happening from 23 - 27 October 2023 This 5-day thought-provoking initiative encourages and spurs deeper conversations on the impact of climate change on businesses, and how companies can adapt to be more responsible in their operations and advocate for climate action in their industries. If you are interested to be part of the BMCC Climate Action Week this year, please contact Roufizah@bmcc.org.my.
Stay tuned for more green updates! |
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Heriot-Watt University Malaysia | The Putrajaya Net Zero Emission Roundtable 2023 |
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The Putrajaya Net Zero Emission Roundtable 2023 brought a range of stakeholders together at Heriot-Watt’s Malaysia campus in Putrajaya, south of Kuala Lumpur.
The event was organised with the British High Commission in Malaysia to help the country build leadership capacity to identify and implement pathways to carbon neutrality.
The roundtable focused on four parallel discussions on policy and strategy, science and technology, green finance, and talent development. |
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Sunway Group | Sunway Healthcare Establishes Sustainability Financing Framework |
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Sunway Healthcare Group has established its Sustainability Financing Framework, marking a significant milestone for its sustainability journey.
“With the framework in place, SHG will be able to issue Sustainability Sukuk under the RM5bil Sukuk Wakalah Programme by its wholly-owned subsidiary, Sunway Healthcare Treasury Sdn Bhd, to finance eligible projects,” it said in a joint statement. |
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IGB International School | Solar panels installed to support sustainability |
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IGB International School has installed solar panels in support of sustainability. This is a significant step towards reducing environmental impact and sustainability, which is what they often view through the lens of the United Nations Sustainable Development Goals (UNSDG) at IGBIS.
Once in operation, the 341kWh array will help offset 25-33% of their electricity needs. This will also help reduce carbon emissions which is crucial in mitigating the effects of climate change and promoting sustainable practices for a better future. |
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Call for Industry Feedback on Cross-Border Renewable Energy Trade |
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The Ministry of Natural Resources, Environment and Climate Change (NRECC) is seeking feedback on policy-making for cross-border sales of green electricity from renewable energy with Singapore and Thailand. Our esteemed members are invited to provide feedback through the questionnaire that has been prepared.
Please complete the survey here. |
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Bridging Trade and Sustainability, the MATRADE Way -The Edge |
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Bursa Malaysia inks collaboration with UMW, Maybank to roll out centralised sustainability platform. -The Star |
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Premier: Sarawak ready to share sustainable energy development experience with neighbouring countries -Malay Mail |
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Stay up to date with the Chamber’s latest news and activities through this newsletter or follow us on our social media platforms. |
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British Malaysian Chamber of Commerce Berhad 201801018075 (1280091-P) E04C0, 4th Floor East Block, Wisma Golden Eagle Realty, 142-B Jalan Ampang, 50450 Kuala Lumpur Copyright © BMCC 2022 |
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