GREATER KUALA LUMPUR, THE HEART OF A REGIONAL HUB
GREATER KUALA LUMPUR, THE HEART OF A REGIONAL HUB
At the Forefront of ESG
Underlying the growing importance of ESG principles across the world, Malaysia and its capital city Kuala Lumpur has pledged to achieve carbon neutrality by 2050, which is one of the region’s most ambitious sustainability targets, in line with the 17 United Nations Sustainable Development Goals (UN SGDs).
Malaysia supports the 17 UN SDGs:
National Key Enabling Policies
The Ministry of Investment, Trade and Industry of Malaysia (MITI) is spearheading a forward-looking growth framework that will form the basis for comprehensive reforms of Malaysia’s investment agenda, under the NIA.
As a city, Greater Kuala Lumpur is stepping up its sustainability efforts to align with the government's goals. This is in the form of strategic and high-impact foreign investment by companies that are committed to similar emission reduction pledges, resulting in a business environment of mutual collaboration around sustainability. This vibrant ecosystem is part of the reason why hundreds of leading global companies have chosen GKL as their regional hub to conduct technology-enabled and innovative activities.
Malaysia’s Recognition in ESG
" In Malaysia, we are also very committed to being a force for good locally. We work closely with various NGOs supporting long-term initiatives as well as urgent one-time actions. There are 2 fronts that we are specifically targeting: supporting education for refugees and sustainability. "
Givaudan
" Novartis has also committed to the preservation of the environment and aims to be carbon-neutral across its value chain by 2030. In Malaysia, the company has successfully eliminated the use of single-use plastics and met its plastic neutrality goals. "
Novartis
" Radius aims to help businesses adapt to the future. About 30% of the company’s gross profit comes from non-fossil fuel based services and the plan is to keep growing the adoption of greener fuel. Radius Vehicle Solutions, established in 2021, supports customers’ transition from diesel vehicles to electric ones. "
Radius
" We are working with our customers in Malaysia to reduce their GHG emissions. This is part of our Scope 3 target. Practical examples include working to reduce flaring (controlled burning of natural gas), a common practice in the industry, and providing carbon storage and sequestration technology and services "
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" In Malaysia, we are also very committed to being a force for good locally. We work closely with various NGOs supporting long-term initiatives as well as urgent one-time actions. There are 2 fronts that we are specifically targeting: supporting education for refugees and sustainability. "
" Novartis has also committed to the preservation of the environment and aims to be carbon-neutral across its value chain by 2030. In Malaysia, the company has successfully eliminated the use of single-use plastics and met its plastic neutrality goals. "
" Radius aims to help businesses adapt to the future. About 30% of the company’s gross profit comes from non-fossil fuel based services and the plan is to keep growing the adoption of greener fuel. Radius Vehicle Solutions, established in 2021, supports customers’ transition from diesel vehicles to electric ones. "
" We are working with our customers in Malaysia to reduce their GHG emissions. This is part of our Scope 3 target. Practical examples include working to reduce flaring (controlled burning of natural gas), a common practice in the industry, and providing carbon storage and sequestration technology and services "
Insights
Green News and Media
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