29

June 2021

Carbon targets in Malaysia: Challenges and Opportunities

Virtual

1600hrs-1800hrs (MYT)

Organisers

Organised by

Strategic Partner

Supported by

In Support of

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Countries and companies across the world are setting increasingly ambitious climate goals. Twenty countries have pledged net zero emissions under the Paris Agreement.

A Climate Risk Disclosure Barometer 2020 study by EY notes that over 60 per cent of the 100 public-listed companies surveyed in Malaysia reported their commitment to climate action, which includes stepping up disclosures on climate-related risks in governance, strategy and risk management. Malaysian energy firm Petronas notably declared in October 2020 that it will be carbon neutral by 2050, making it the first oil company in Asia to set a net zero target.

The country's climate action is guided by the pledge made to the United Nations Framework Convention on Climate Change (UNFCCC), to achieve a 45 per cent cut in the emissions intensity of GDP by 2030, relative to 2005 levels.

While these are encouraging signs, policy and corporate action on carbon reduction targets remain patchy. Out of more than 1,200 companies that have signed up to the Science-Based Targets initiative (SBTi), only three are Malaysian companies.

How far along is Malaysia in achieving its carbon targets?  What are the barriers to companies setting carbon targets and the opportunities in achieving these targets, and how can public-private partnerships play a role?

On 29 June 2021, Eco-Business will convene the leading thinkers and decision makers for a public discussion on the current and future state of the carbon targets landscape in Malaysia.

Guest of Honour

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Speakers

Datin Seri Sunita Rajakumar

Founder, Climate Governance Malaysia

Dato Seri Johan Raslan

Board of Directors, Institute of Corporate Directors Malaysia (ICDM)

Esther An

Chief Sustainability Officer, City Developments Ltd

Malavika Bambawale

Managing Director, Head Sustainability Solutions Asia Pacific, Engie Impact

Jessica Cheam

Founder and Managing Director, Eco-Business

Junice Yeo

Executive Director, Eco-Business

Hosts and moderators

Jessica Cheam

Founder and Managing Director, Eco-Business

Agenda

4:00 pm

Welcome Remarks

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Jessica Cheam

Founder and Managing Director, Eco-Business

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4:10 pm

Keynote Presentation by Strategic Partner

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Malavika Bambawale

Managing Director, Head Sustainability Solutions Asia Pacific, Engie Impact

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4:25 pm

Plenary Discussion

Carbon Targets in Malaysia: Challenges and Opportunities

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Datin Seri Sunita Rajakumar

Founder, Climate Governance Malaysia

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Esther An

Chief Sustainability Officer, City Developments Ltd

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Dato Seri Johan Raslan

Board of Directors, Institute of Corporate Directors Malaysia (ICDM)

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Malavika Bambawale

Managing Director, Head Sustainability Solutions Asia Pacific, Engie Impact

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Junice Yeo

Executive Director, Eco-Business

5:15 pm

Interactive Q&A

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6:00 pm

Closing Remarks

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