ESG

ESG, News

SIROM, HEINEKEN Malaysia & Sokong Unite to Enhance Community Resilience

In conjunction with United Nations (UN) Environment Day, Soroptimist International Region of Malaysia (SIROM), Heineken Malaysia Berhad (HEINEKEN Malaysia), and Sokong by Yayasan Malaysiakini, proudly presented Sustainability Day 2025—a community-powered initiative aimed at promoting eco-friendly practices and building more sustainable food systems. Held at GCC Farm in Bentong on 14 June 2025, the event highlighted two practical and impactful approaches to sustainability: aquaponics farming and organic composting. These methods provide scalable solutions that empower communities to actively contribute to food security, environmental preservation, and climate resilience. Participants engaged in hands-on workshops, educational demonstrations, and community dialogues, making it a meaningful day of learning, collaboration, and action. This effort reflects the spirit of the 2025 UN Environment Day theme: “Our Land. Our Future. We Are #GenerationRestoration.” “Sustainability Day is about more than awareness—it’s about action,” said Rebecca Lai, President of SIROM. “Aquaponics and composting provide scalable, low-carbon impact solutions to food waste, water conservation, and urban farming challenges. These practices demonstrate how communities can take charge of their own sustainability.” Aquaponics, a method that integrates aquaculture and hydroponics, uses up to 90% less water than conventional farming and supports chemical-free, year-round food production. Meanwhile, organic composting transforms kitchen and garden waste into nutrient-rich soil, reducing landfill use while enhancing soil health and biodiversity. These practices directly support Malaysia’s sustainability agenda and align with several UN Sustainable Development Goals (SDGs)—notably Zero Hunger (SDG 2), Responsible Consumption and Production (SDG 12), and Climate Action (SDG 13). “At HEINEKEN Malaysia, we believe true progress begins at the grassroots. Our partnership with Soroptimist International began in 2017 and has been a testament to the power of community-driven change, where food security, sustainability, and women’s empowerment come together to build resilient futures. Together, we’re not just growing crops, we’re cultivating opportunity and long-term impact,” said Renuka Indrarajah, Corporate Affairs & Legal Director of HEINEKEN Malaysia. The event embodies a shared dedication to inclusive, community-led climate action. As part of its Brew a Better World sustainability strategy, HEINEKEN Malaysia continues to invest in environmental sustainability and community empowerment. Puteri Afiqah Mazelan, Community & Marketing Manager of Sokong by Yayasan Malaysiakini, added: “At Sokong, we’re proud to connect changemakers and grassroots organisations who are doing the real work on the ground. Sustainability Day is a great example of how collective action—supported by strong partnerships—can spark long-term change.” As a digital fundraising and impact platform, Sokong is committed to amplifying causes that matter—whether through community engagement, public awareness, or funding for environmental and social initiatives. SIROM, a national body under Soroptimist International South East Asia Pacific, continues to lead efforts in empowering women and uplifting communities through sustainable development and environmental education. Sustainability Day 2025 is more than just a celebration of green practices—it is a reminder of what’s possible when communities, corporations, and civil society come together. Hand in hand, HEINEKEN Malaysia, Sokong, and SIROM are planting the seeds of lasting change—one household, one garden, one community at a time.

ESG, News

CIMB Commits RM200 Million to Enhance Financial and Digital Literacy Across Malaysia

CIMB Group Holdings Bhd has announced a RM200 million commitment over five years (2026–2030) under its “Kita Bagi Jadi Komuniti” (KBJK) platform, reinforcing its ambition to empower communities and drive inclusive growth across Malaysia. The initiative underscores the bank’s long-term strategy to promote economic empowerment, strengthen community wellbeing, and enhance financial inclusion through skills development, particularly in digital and financial literacy. The pledge was unveiled by CIMB Group Chief Executive Officer Novan Amirudin in Kuala Lumpur. He emphasised the socio-economic urgency of closing income inequality gaps, stating that nations with greater disparity often experience less sustainable development. “In contrast, a thriving, inclusive society that leaves no one behind benefits all its members. At CIMB, our purpose to advance customers and society is simple but powerful,” he said. As part of the KBJK platform, CIMB introduced several targeted programmes aimed at key segments of society. Among them is the Women Entrepreneur Empowerment Programme, designed to provide customised financing and networking support for women-led enterprises. The initiative aims to assist 300 women entrepreneurs over a three-year period. In collaboration with the Credit Counselling and Debt Management Agency (AKPK), CIMB is also delivering ‘Jaga Duit’ workshops – a financial literacy programme tailored for low-income employees within its corporate and SME client base. Nearly 1,500 individuals have already participated in these sessions. Additionally, through the ‘Let’s Duit’ initiative led by TNG Digital, around 1,000 senior citizens nationwide have received practical, hands-on training in digital payment tools, helping them navigate the digital economy with greater confidence and safety. CIMB continues to build on a strong foundation of social investment. Between 2021 and 2024, the group has disbursed over RM125 million in community-focused initiatives, keeping it firmly on track to meet its RM150 million target by end-2025. During the same period, the bank has channelled more than RM50 billion in financing to support low-income customers and SMEs, reaffirming its role as a responsible financial intermediary driving inclusive economic impact. Through TNG Digital, CIMB has also facilitated nearly RM1 billion in salary disbursements to over 40,000 migrant workers while expanding financial access for refugees and gig economy participants. -Bernama

Energy & Technology, ESG

MIGHT Launches National Innovation Centres to Advance Rail and Smart City Technologies

The Malaysian Industry-Government Group for High Technology (MIGHT), an agency under the Ministry of Science, Technology and Innovation (MOSTI), has launched two strategic innovation centres aimed at accelerating the development of local technologies within Malaysia’s rail and smart city sectors. The launch of the Industrial Technology Innovation Centre (ITIC) and the Smart City Experience & Next Generation Innovation Centre (SCENIC) was held in conjunction with MIGHT’s 30th Annual General Meeting, marking a significant milestone in the organisation’s ongoing commitment to advancing national innovation capabilities. According to a statement from MIGHT, the ITIC programme has been established in collaboration with the Malaysia Rail Industry Corporation (MARIC) and the Malaysia Smart Cities Alliance Association (MSCA), with the objective of catalysing the adoption and deployment of locally-developed solutions in high-technology sectors. “The programme seeks to drive the deployment of home-grown technological solutions across the rail and smart city sectors, enhancing Malaysia’s position in high-tech innovation,” MIGHT stated. As part of the initiative, MARIC has partnered with Tech Store Malaysia to develop a Smart Rail Monitoring System. The system leverages real-time data and predictive analytics to improve maintenance and operational efficiency across the rail network. Real-time monitoring of train location, speed, axle counting, and overload detection is a core feature of the system, supporting predictive and preventive maintenance to reduce downtime and enhance safety. In tandem with the launch, MIGHT has also released the Malaysia Rail Industry Report, developed with input from key stakeholders across the sector. The report highlights a range of emerging technologies, including additive manufacturing, remote monitoring, smart stations, and environmentally sustainable solutions. “Featured technologies include additive manufacturing, rail flaw detection systems, energy-efficient and green technologies, advanced training tools, data-driven decision-making, smart maintenance systems, train automation, and next-generation smart station infrastructure,” MIGHT added. SCENIC, constructed using composite materials through the Industrialised Building System (IBS), is designed to serve as a collaborative hub for the demonstration and integration of local smart city technologies. MIGHT noted that SCENIC also functions as a bridge between innovation and policy, facilitating the real-world deployment of future technologies in line with national urban development objectives. In support of this ecosystem, MIGHT has introduced a Smart City Directory to catalogue technologies, products, and services along the smart city value chain. The directory aims to enable more informed, data-driven decision-making among municipalities and industry stakeholders. “These initiatives reflect MIGHT’s ongoing commitment to strengthening Malaysia’s innovation landscape through the cultivation of local technological capabilities,” it said. The programmes are aligned with the 10-10 Malaysian Science, Technology, Innovation and Economy (MySTIE) Framework and the National Science, Technology and Innovation Policy (DSTIN) 2021–2030. MIGHT confirmed that the ITIC initiative will continue to expand across multiple platforms to drive forward strategic technologies and socioeconomic enablers, reinforcing Malaysia’s position at the forefront of global innovation in transport and urban development. -Bernama

ESG, News

GS Caltex Launches Feasibility Study for Landmark Biofuel Project in Indonesia

GS Caltex, a leading South Korean oil refiner, has initiated a feasibility study for a pioneering biofuel project in Indonesia, marking a strategic step towards reducing greenhouse gas emissions and advancing sustainable energy solutions. The initiative, announced on Tuesday, is part of a government-supported international greenhouse gas reduction programme. GS Caltex has been selected to explore the development of an evaporative concentration facility designed to extract oil from palm oil mill effluent (POME), a liquid byproduct generated during palm oil production. The company will undertake a six-month evaluation to assess the technical and environmental viability of the project. Upon completion of the study, GS Caltex will determine the scope and timing of its potential investment. Should the project proceed, it would be the first of its kind in Indonesia to utilise evaporative concentration technology to process palm oil waste. According to a company representative, this method is considered a more straightforward and potentially more effective alternative to conventional methane capture techniques. By preventing the natural decomposition of POME, the process could deliver significant reductions in methane emissions. “Evaporative concentration of palm oil mill effluent is considered simpler than existing methane capture methods and can reduce emissions more effectively by preventing decomposition,” a GS Caltex official stated. “Following the feasibility study, we will consider moving forward with the project at palm oil farms in Indonesia.” GS Caltex also highlighted the growing relevance of biofuels, particularly for sustainable aviation fuel (SAF), which is increasingly in demand. Regulatory bodies in South Korea, the European Union, and the United States are moving toward mandatory blending of bio-based fuels in aviation operations. In environmental terms, each facility developed under this initiative could potentially offset emissions equivalent to those absorbed annually by approximately 14 million 30-year-old pine trees. This is primarily due to the replacement of traditional practices, where POME is left to decompose in open ponds, releasing substantial volumes of methane — a greenhouse gas with a global warming potential nearly 28 times greater than carbon dioxide over a 100-year period. The project signals GS Caltex’s continued commitment to sustainable innovation and low-carbon technologies, with the potential to contribute meaningfully to global emission reduction efforts. -ANN

ESG, News

Dong Yang and BLT Forge Strategic Alliance to Propel ASEAN Smart Elevator Growth

Dong Yang Elevator (M) Sdn Bhd has entered into a strategic partnership with Brilliant Elevator Co. Ltd (BLT), the flagship brand of China’s Shenyang Yuanda Intelligent Industrial Group, marking a significant step in the advancement of smart elevator solutions and regional growth in Malaysia. This collaboration is a core component of Yuanda Group’s global expansion blueprint, which includes the establishment of a Southeast Asian regional logistics and smart service centre in Malaysia. The facility will consolidate functions such as warehouse logistics, spare parts distribution, intelligent maintenance, remote monitoring and customer service, improving response times and enhancing coordination across the region. BLT officially launched its brand and product portfolio in Malaysia during an event held on Tuesday in Shah Alam. The launch, which BLT described as a strategic milestone in its ASEAN market expansion, drew over 200 attendees, including government officials and professionals from the construction, development, engineering and maintenance sectors. Yeow Ewe Hor, Chief Executive Officer of Dong Yang Elevator, underscored the collaboration’s significance for the future of Malaysia’s urban infrastructure and construction ecosystem. He stated that the partnership will play a pivotal role in the country’s transformation into smart and sustainable cities. “As the driving force behind Malaysia’s urban progress, we aim to turn blueprints into communities and dreams into national landmarks,” Yeow said. “The vertical transportation industry is at a turning point, moving toward safer, greener and smarter systems. To thrive, we must address three central challenges: safety, sustainability and innovation.” Yeow added that Dong Yang has worked closely with BLT since 2008, selling more than 400 elevators and maintaining over 1,300 units across Malaysia. The company has actively adopted global standards, green technologies and intelligent maintenance systems to ensure high service quality and operational efficiency. He reaffirmed Dong Yang’s commitment to ongoing cooperation with government bodies such as the Public Works Department and the Department of Occupational Safety and Health to shape the intelligent vertical mobility landscape in the country. Founded in 2002, Dong Yang has established itself as a leading Malaysian supplier of elevators, escalators and home lifts. Liu Ruisheng, General Manager of International Sales at BLT, highlighted the company’s deep-rooted presence in Malaysia, which spans 18 years, and outlined its next phase of strategic development. “We plan to establish a regional logistics hub in Malaysia to leverage its geographic and industrial strengths. This will support our broader ambition to enhance global brand development and better serve Southeast Asia,” he said. BLT’s export business has demonstrated strong growth in recent years, with exports surpassing RMB580 million in 2024. The company now serves over 140 countries and regions, securing its position among China’s top elevator exporters. In a further display of its global ambitions, Yuanda Group has successfully launched a joint venture factory in Saudi Arabia, which has become a benchmark in high-end smart manufacturing. The group is set to begin operations at a new assembly plant in the United States this year, advancing its goal of building a comprehensive global platform for smart, digital and green vertical transportation systems. Saudi Arabia and Malaysia are central to this global strategy, serving as dual operational engines. Looking ahead, the group intends to roll out local assembly initiatives and talent development programmes in Malaysia, transitioning from a traditional equipment supplier model to a full-scale smart building solutions provider. The globalisation drive is already underway, with BLT’s Global Brand Tour reaching key markets such as Vietnam, Saudi Arabia and Mexico. Liu emphasised that international expansion extends beyond exporting products, encompassing brand systems, technological innovation and management expertise. “Malaysia will serve as our bridgehead into ASEAN. Our collaboration with Dong Yang will elevate us from being well-rooted to regionally leading,” he said. -The Star

ESG

AEON Launches Reforestation Project In Segamat

KUALA LUMPUR : Building on the success of the Malaysia-Japan Friendship Forest Programme in Bidor, Perak, AEON is proud to launch a new three-year reforestation initiative in Segamat, Johor. The project is part of the ongoing legacy of the Malaysia-Japan Friendship Forest Programme, in collaboration with the Forest Research Institute Malaysia (FRIM). It marks the next chapter in AEON’s long-standing commitment to environmental sustainability, biodiversity conservation, and community development. The event also signified the official completion of the Malaysia-Japan Friendship Forest Programme in Bidor, which took place from 2014 to 2023. In this 3-phase project, AEON successfully planted 30,000 trees of rainforest species on a 22.75-hectare site that was once a tin mining area. The initiative also contributed to the 100 million tree planting campaign by the Ministry of Natural Resources and Environmental Sustainability. The Segamat Reforestation Project was officially announced during a ceremony held at FRIM in Kuala Lumpur last Friday. During the event, Naoya Okada, Managing Director of AEON CO. (M) BHD and Dato’ Dr. Ismail Parlan, Director General of FRIM exchanged a Letter of Intent (LOI), symbolising the joint commitment to the initiative. The exchange was witnessed by Dr. Norwati Muhammad, Deputy Director General (Research) of FRIM, and Tsugutoshi Seko, Deputy Managing Director of AEON. As a symbolic gesture to mark the Segamat initiative, a tree planting session was also held at Padang 44, FRIM Kepong. Among the species planted were meranti temak nipis (Anthoshorea roxburghii), meranti tembaga (Rubroshorea leprosula), and sesenduk (Endospermum diadenum). The initiative in Segamat will see 30,000 trees planted over 36 hectares of land in three phases, with 10,000 trees planted per phase. The project, which will run from 2025 to 2027, aims to replicate the environmental success of Bidor, which transformed a former tin mining site into a vibrant ecosystem. Naoya Okada expressed his appreciation for the continued partnership, saying, “The Bidor project is a testament to what can be achieved when corporate responsibility is combined with scientific expertise. We are proud to carry this legacy forward in Segamat. AEON has long prioritised caring for the environment as a core part of our sustainability strategy. Since we started the tree planting initiatives in 1991, we have planted over 557,000 trees nationwide through a range of green initiatives.” Meanwhile, Dr. Ismail said that FRIM appreciates AEON’s continuous commitment towards environmental sustainability. “This planting site in Bidor will be maintained as a research and educational plot, as well as a future seed production area. The reforestation efforts on this former mining land have also successfully attracted various species of fauna, including migratory birds, to the area. FRIM welcomes collaboration with AEON in conserving and protecting the environment. We are also open and ready to explore other areas of collaboration in the future,” he said. This ongoing initiative reflects AEON’s commitment to Environmental, Social, and Governance (ESG), supporting environmental restoration, community engagement and sustainable growth for future generations.

ESG

Maybank Backs CP Group’s Altervim with Landmark Green Loan in Malaysia

KUALA LUMPUR : Maybank has extended its first green loan in Malaysia to Altervim, the renewable energy arm of Thailand’s Charoen Pokphand (CP) Group, marking a significant step in the bank’s regional sustainable finance strategy. Serving as the sole bilateral lender, Maybank is financing Altervim’s rooftop solar initiative as the company enters the Malaysian market. This collaboration underscores Maybank’s commitment to supporting the energy transition and advancing the sustainability agenda throughout ASEAN. In its initial rollout, the project will see solar photovoltaic systems installed across 28 Lotus’s Malaysia retail outlets, with a targeted installed capacity of up to 20 megawatts (MW). The initiative is projected to generate approximately 24.65 million kilowatt-hours (kWh) of renewable energy annually and reduce an estimated 433,958 tonnes of carbon dioxide emissions over the course of its operational life. Datuk John Chong, Group Chief Executive Officer of Global Banking at Maybank, reaffirmed the bank’s longstanding relationship with CP Group and its aligned vision for a low-carbon economy. “We are proud to support Altervim’s market entry into Malaysia while also contributing to the national energy transition agenda to enhance the renewable energy mix,” he said. “The financing facility, structured under Maybank’s Sustainable Product Framework, represents a strategic addition to our growing sustainable finance portfolio.” As of the first quarter of 2025, Maybank has mobilised RM125.46 billion in sustainable finance across the region, exceeding its original RM80 billion target set for the full year of 2025. Borvorn Pienpongpanich, Chief Financial Officer of Altervim, described the green loan as a strategic milestone in the company’s regional expansion. “This partnership with Maybank strengthens our ability to scale clean energy deployment in Malaysia, one of our key growth markets,” he said. “It enables us to deliver measurable carbon reductions and support businesses in managing energy costs sustainably. We value Maybank’s support and are committed to building a resilient and sustainable future together.” The project is emblematic of both organisations’ shared commitment to accelerating decarbonisation and fostering sustainable development throughout Southeast Asia. -NST

ESG, News

ACMF Seeks Public Input on ESG Disclosure Framework for ASEAN SMEs

The ASEAN Capital Markets Forum (ACMF) has launched a public consultation to gather feedback on the ASEAN Simplified ESG Disclosure Guide (ASEDG) for small and medium-sized enterprises (SMEs), ahead of a planned revision scheduled for release in November 2025. The consultation, which follows the initial publication of ASEDG Version 1 in April 2025, will remain open until 12 September 2025. Stakeholders including financial institutions, corporate reporters, investors and other interested parties are invited to contribute their views. In a statement issued today, the ACMF confirmed that the input received during the consultation period will be reviewed and evaluated to inform the development of ASEDG Version 2. The updated version is expected to be officially unveiled at the ACMF International Conference in November 2025. Developed to support SMEs operating in both global and domestic supply chains, the ASEDG offers a streamlined approach to environmental, social and governance (ESG) disclosure. The guide consolidates key elements from international ESG frameworks and local guidelines issued by the ten ASEAN member states, resulting in a set of 38 priority disclosures. These disclosures are designed to enhance transparency and support SMEs in meeting the increasing ESG expectations of customers, financiers and investors. The guide is structured to reflect varying levels of sustainability maturity, categorised into Basic, Intermediate and Advanced tiers. This enables SMEs across all industries to identify disclosures most relevant to their operations, based on the materiality and significance of each requirement. The ASEDG represents a key initiative under the ACMF’s broader efforts to promote sustainable finance, regulatory harmonisation and market integration across the ASEAN region. The Forum, comprised of capital market regulators from all ten ASEAN countries, is chaired on a rotational basis. Malaysia, through the Securities Commission Malaysia, currently holds the ACMF chairmanship for 2025. Submissions may be made via the ASEDG Public Consultation Form available at https://forms.gle/ssMvBf5u4d7LFF7VA. Enquiries may be directed to [email protected]. -Bernama

ESG

RHB Islamic Bank Signs Three-Year MoU with MIDE to Advance Marine Conservation

KUALA LUMPUR: RHB Islamic Bank Berhad has entered into a strategic three-year memorandum of understanding (MoU) with AsiaEvents Exsic Sdn Bhd, the organiser of the Malaysia International Dive Expo (MIDE), formalising its role as the exclusive banking partner of the event through to 2027. The signing ceremony was held at the Malaysia International Trade and Exhibition Centre (MITEC) in conjunction with the opening of MIDE 2025. This agreement reinforces RHB Islamic Bank’s sustained commitment to marine conservation under its flagship Ocean Harmony programme. Datuk Adissadikin Ali, Managing Director and Chief Executive Officer of RHB Islamic Bank, said the collaboration underscores the bank’s environmental focus within its broader environmental, social and governance (ESG) agenda. “We are not attempting to be everything to everyone. As a bank with finite resources, we have chosen to prioritise one critical aspect of the environment – the ocean,” he stated. “We are not promoting diving as a sport; rather, diving offers a means of understanding and communicating what lies beneath the surface. That is the essence of Ocean Harmony.” Established in 2019, Ocean Harmony is a value-based intermediation initiative aimed at supporting awareness, research, and preservation of Malaysia’s marine ecosystems. It is also aligned with the United Nations Sustainable Development Goal 14: Life Below Water. In 2025, the bank has collaborated with six Malaysian entities to further this cause. These include Universiti Malaysia Terengganu, Universiti Malaya, Universiti Malaysia Sabah, Ocean Ranger, One Heart Environment, and University Malaya Medical Centre. During the event, RHB Islamic Bank also introduced the Limited Edition RHB Visa Ocean Harmony Multi-Currency Debit Card-i. The card is designed to simplify international transactions, particularly for frequent travellers. “Travellers often encounter similar challenges – managing leftover foreign currency or locating exchange facilities. This card addresses those issues by eliminating the need for physical cash and enabling seamless transactions in 34 currencies at competitive rates,” said Adissadikin. MIDE 2025 attracted more than 200 exhibitors over the weekend, representing a diverse cross-section of the industry including dive operators, equipment suppliers, tourism boards, and non-governmental organisations. -Bernama

ESG

KJTS Group and Envicool Partner to Deliver Energy-Efficient Data Centre Cooling in ASEAN

KUALA LUMPUR : KJTS Group Berhad, through its specialised indirect subsidiary Green AI Sdn Bhd, has entered into a memorandum of understanding with Shenzhen Envicool Technology Co Ltd, a global leader in precision cooling technologies, to drive next-generation energy-efficient data centre infrastructure across the ASEAN region. In an official statement, KJTS announced that the agreement establishes a strategic partnership focused on delivering advanced cooling infrastructure for data centres. The collaboration will leverage Green AI’s project leadership and ownership capabilities alongside Envicool’s internationally recognised expertise in innovative temperature control systems. Headquartered in Shenzhen and listed on the Shenzhen Stock Exchange, Envicool is renowned for its cutting-edge cooling technologies and comprehensive experience in supporting high-performance, energy-optimised environments. Under the terms of the MoU, the two companies will cooperate on build-operate-transfer (BOT) and retrofit-operate-transfer (ROT) projects. Green AI will serve as the primary executor and asset custodian, while Envicool will provide proprietary technologies, design consultation, technical assistance and ongoing training. The partnership also intends to implement a performance-based operating model, ensuring measurable efficiency and energy savings, calculated in US dollars per tonne of refrigeration per hour (USD/RTh). This client-centric approach is expected to enhance transparency and accountability in cooling performance outcomes. KJTS described the alliance as a significant milestone in the Group’s strategic roadmap to meet rising regional demand for intelligent, sustainable data centre solutions. It added that the synergy between its project execution strengths and Envicool’s technological leadership would reinforce their competitive positioning and create lasting value for stakeholders. “This collaboration with Envicool represents a major step forward in KJTS’s and its subsidiaries’ regional strategy to deliver intelligent, low-carbon cooling solutions that meet the growing demands of the data centre industry,” the Group stated. “By leveraging our project delivery capabilities and Envicool’s global presence and track record as the leading data centre cooling provider in China to enhance the market positioning of the partnership, we are confident in our ability to create long-term value for clients while contributing to broader environmental goals.” -The Star

Scroll to Top

Subscribe
FREE Newsletter