Affin, Chemsain Sign ESG MOU To Boost SME Capabilities

KUALA LUMPUR (July 24): Affin Group, in partnership with Sarawak-based Chemsain Sustainability Sdn Bhd (Chemsain), has launched the Greenhouse Gases Implementer Programme during its flagship Affin SME BizChat 2025 event, aimed at helping SMEs integrate environmental, social and governance (ESG) principles into their operations.

Supported by Credit Guarantee Corporation Malaysia Bhd (CGC) and Generali Life Insurance Malaysia Berhad, this year’s event carried the theme “ESG for SMEs: A Practical Approach,” reflecting Affin’s commitment to sustainable banking and SME growth.

Official launch of the Greenhouse Gases Implementer Programme, a pioneering initiative aimed at equipping SMEs with the skills and knowledge to adopt internationally recognised GHG protocol corporate standards.

The Greenhouse Gases Implementer Programme is designed to equip SMEs with the expertise to adopt internationally recognised Greenhouse Gas (GHG) Protocol Corporate Standards. It includes training for Certificates of Competency in ISO 14064-1 and ISO 14064-2, preparing participants to become certified GHG Practitioners, with a focus on developing Scope 1 and Scope 2 corporate GHG baselines.

Training will be conducted by Chemsain and TÜV SÜD, with successful participants receiving internationally recognised certification accredited by TÜV SÜD. Affin and Chemsain formalised their collaboration through an MoU signed in July 2024 during the inaugural Affin SME BizChat in Kuching. “At Affin, we are committed to helping SMEs transform into low-carbon businesses by adopting sustainable practices, in line with our AX28 Plan’s strategic pillar of responsible banking with impact,” said Datuk Paduka Syed Mashafuddin Syed Badarudin, CEO of Affin Islamic Bank.

Affin’s recent achievements underline its sustainability efforts. The bank was upgraded from an ‘A’ to ‘AA’ in the Morgan Stanley Capital International (MSCI) ESG ratings, recognising improved corporate governance practices. It also won the Life Below Water and Life On Land Award (Champion) at the ABM 50th Anniversary CSR Excellence Awards 2024 for its Klang River cleaning and rehabilitation efforts, as well as Bank of the Year – ESG Champion at the 10th Sustainability and CSR Malaysia Awards 2025. These milestones highlight Affin’s continued dedication to environmental stewardship, responsible banking, and the communities it serves.

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