Kavickumar Muruganathan

Curious about the sustainability requirements from companies ? Learn about them quickly with the ebook "A supplier's Guide to Sustainability" which will be launched at SG Sustainable Procurement Forum 2024.

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Decoding #sustainability for #SME success. 🌱 A groundbreaking pilot programme is set to empower SME suppliers of Singapore Post towards a more sustainable future. The Queen Bee Enabled Sustainability Transition (QUEST) programme—a joint initiative by Singapore Business Federation, SingPost, EY, and OCBC—supports these suppliers in navigating the evolving demands of climate-related reporting. Initiatives like this help #SMEs prepare for growing climate reporting requirements, as mandatory climate-related disclosures begin for listed companies in #Singapore from 2025, followed by larger non-listed companies from 2027. QUEST bridges the gap, equipping SME suppliers with tools and knowledge to accurately report emissions, supporting climate reporting requirements across the supply chain. What this means for SingPost SME suppliers: 📚 Access structured training and develop practical decarbonisation skills. 🤝 Receive guidance on climate reporting compliance requirements. 💼 Explore sustainable financing options to fund eco-friendly practices. Learn more from the news release on the QUEST programme here 👇 https://lnkd.in/gjtBXPtg At SME Centre@SMF (Singapore Manufacturing Federation), we understand that sustainability changes can feel overwhelming. With the right guidance, you can move forward with confidence. Book a complimentary 1-to-1 business advisory session here: https://lnkd.in/g_5tassX to explore how we can support your journey toward sustainability. #smallbusiness #smesupport #businessgrowth #sgbusiness #businessadvisory #consulting #businessstrategy #growth #greentech #sustainabilityreporting #climatereporting #climatechange #ESG #greenbusiness #corporateresponsibility #greeninitiatives

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Energy Market Authority (EMA) Low-carbon hydrogen could supply up to 50 per cent of Singapore’s power needs by 2050, depending on technological advancements and the development of other energy sources. The Republic currently relies on natural gas for around 95 per cent of its electricity generation. By 2030, there will be at least nine hydrogen-compatible power plants in Singapore. The Straits Times

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Malaysia Unveils New Corporate Renewable Energy Supply Scheme (CRESS) Guidelines Summary: Malaysia has introduced the Corporate Renewable Energy Supply Scheme (CRESS), a new framework aimed at helping companies procure renewable energy as part of the country’s climate strategy to achieve a 70% renewable energy target by 2050. CRESS allows businesses to buy green electricity directly from renewable energy developers (REDs) via open access to the national electricity grid, managed by the Electricity Utility Company (EUC). The scheme encourages participation from companies with environmental, social, and governance (ESG) commitments, allowing them to align their operations with sustainability goals. Under CRESS, companies, referred to as Green Consumers, can form physical power purchase agreements with REDs, ensuring direct involvement in renewable energy procurement. The guidelines set by the Energy Commission require REDs to register their projects and declare their energy output. The EUC is responsible for billing companies based on their consumption, while also ensuring protections like a supplier of last resort in case a RED cannot meet demand. This initiative builds on previous efforts like the Corporate Green Power Program (CGPP) and large-scale solar projects, aiming to accelerate Malaysia’s energy transition and contribute significantly to national climate goals. Key Points: CRESS facilitates direct renewable energy purchases between companies and developers. The national grid ensures smooth electricity transfer. Energy Commission guidelines regulate REDs’ output and participation. The scheme supports Malaysia’s target of 70% renewable energy by 2050. #RenewableEnergy #Sustainability #MalaysiaClimateGoals #CRESS #EnergyTransition #GreenEnergy #ESG #CorporateSustainability #ClimateAction #NetZero

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IMDA launched the Green Data Centre (DC) Roadmap today that charts a sustainable pathway for the continued growth of DCs in Singapore. The Roadmap aims to provide at least 300 megawatts of additional capacity in the near term, with much more through green energy deployments. It outlines IMDA’s plans to partner the industry to push boundaries and accelerate DC sustainability on two fronts: Energy Efficiency: Accelerate DC’s energy efficiency at hardware and software levels and allow industry and end-users to put in place best-in-class technologies to maximise efficiency, capacity and economic potential. Green Energy: Accelerate DCs’ use of green energy to expand capacity, and explore how to deploy this at scale over time to maximise space for continued DCs’ growth. Download the roadmap at https://lnkd.in/gXSpq6U7 Image credit: IMDA

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#NoBurnWednesday GAIA Asia Pacific members, the Consumer_Penang CAP and Sahabat Alam Malaysia (SAM) are leading a critical call to action against Malaysia’s plan to construct 18 waste-to-energy (WtE) incinerators. While these incinerators are being touted as a solution to the country’s waste management challenges, the reality is far more concerning. WtE incineration not only poses significant environmental and health risks but also undermines Malaysia’s progress toward a sustainable and resilient future. Incineration is more than just a waste disposal method—it represents a missed opportunity to invest in genuinely sustainable waste management practices. The harmful pollutants released by WtE incinerators contribute to climate change, while the process itself hinders the development of a circular economy. Moreover, WtE is an incredibly costly and inefficient method of energy generation, with long-term consequences for our communities and the environment. CAP and SAM are rightfully advocating for a transition to Zero Waste—a comprehensive approach that emphasizes waste reduction, recycling, composting, and resource conservation. This strategy not only aligns with principles of sustainable development but also supports environmental justice by prioritizing the health and well-being of communities. We urge the Malaysian government to cancel these hazardous incineration projects and instead champion Zero Waste solutions that safeguard our environment, create sustainable jobs, and secure a healthier future for all Malaysians. Read CAP and SAM's full statement here: https://lnkd.in/dEHQTntK #GoForZeroWaste #BreakFreeFromPlastic #BurnNot #BurnNotMalaysia

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As we focus on supporting Heads of State/Government prioritizing #water, #sanitation, and #hygiene, referring back to the WaterAid report "Achieving total sanitation and hygiene coverage within a generation – lessons from East Asia" is crucial. Key insights include: - High-level political leadership was crucial and did not stem from community-driven demand. - That leadership did not restrict itself to high-level exhortation, but was marked by an ongoing engagement in the implementation agenda - ‘Course correction’ mechanisms were devised at all levels so that obstacles to implementation were quickly identified and addressed with remedial policy reforms.  - Emphasis on hygiene, cleanliness, and public health drove sanitation enhancements. - A well-coordinated multi-sector approach facilitated rapid progress. - Monitoring was continuous and standards raised as goals were achieved. Access the full report for more insights: [Report Link](https://lnkd.in/eKtmCx6P) Working with governments and partners of Sanitation and Water for All - a UNICEF-hosted global partnership, provides invaluable learnings for supporting Presidential compacts and effective implementation strategies. To find out how you can contribute to the Heads of State Initiatives, which we are working together with Ministerie van Buitenlandse Zaken, Foreign, Commonwealth and Development Office, UNICEF and IRCWASH please visit - https://lnkd.in/dZen7cyT .

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The 8th ASEAN Energy Outlook (AEO8) Summary: The report focuses on energy trends and policy recommendations for ASEAN Member States (AMS) from 2023 to 2050, structured around four key scenarios: Baseline Scenario (BAS), AMS Targets Scenario (ATS), Regional Aspiration Scenario (RAS), and Carbon Neutrality Scenario (CNS). AEO8 highlights pathways for enhancing energy efficiency, integrating renewable energy (RE), reducing greenhouse gas (GHG) emissions, and ensuring energy security, affordability, and sustainability across ASEAN. Key Highlights: Energy Demand: The energy demand is projected to decline significantly by 2050 under various policy-driven scenarios, primarily due to improvements in energy efficiency and shifts towards renewable energy and electrification, particularly in residential, transport, and commercial sectors. Energy Supply: Fossil fuel dependency is expected to decrease, particularly in the RAS and CNS scenarios, with a notable rise in renewable energy sources, including solar, wind, tidal, and wave energy. The CNS scenario envisions a near-complete transition to renewables by 2050, with a 48.6% reduction in fossil fuel use. Import Dependence: ASEAN is expected to become a net importer of natural gas by 2027, raising concerns over energy security and affordability. However, coal exports will persist until at least 2050, though at reduced levels. Power Generation: By 2050, electricity generation will significantly increase to meet growing demand, with renewables playing a crucial role. Battery energy storage systems (BESS) will help integrate variable renewable energy sources like solar and wind into the ASEAN Power Grid (APG). Energy Access: Universal electrification is expected by 2040 under ATS, with significant progress in clean cooking access, although not all ASEAN nations will meet the target by 2030. Successful grid extensions and rural development policies are highlighted as key drivers for energy access. ASEAN 2025 Targets: Renewable energy is critical for achieving ASEAN’s goal of 23% of renewables in total primary energy supply (TPES) by 2025. RE’s share in installed power capacity is expected to exceed the target by 4%-points. #ASEANEnergyOutlook #EnergyTransition #RenewableEnergy #CarbonNeutrality #EnergyEfficiency #SustainableDevelopment #CleanEnergy #EnergyAccess https://lnkd.in/gm8dCnuG

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BIG NEWS for ESG Adoption Acceleration in Malaysia with Malaysian Investment Development Authority announcing DIAF for ESG Adoption. The Domestic Investment Accelerator Fund (DIAF) – ESG Adoption is a matching grant for ESG adoption that was introduced to support Malaysian-owned Small and Medium Enterprises (SMEs) and Mid-Tier Companies (MTCs) in the manufacturing and selected services sectors for the transition into ESG practices. The grant is given on a matching basis of either 50:50 or 70:30 based on a case-to-case basis with a maximum reimbursable amount of RM500,000 per company. Eligible expenditures incurred related to the adoption of ESG practices based on the following activities: - Costs related to validation and verification, and/or certification for ESG adoption and/or tracking of carbon emissions and ESG disclosures; and - First year’s subscription of system and/ or software for data collection and tracking of ESG adoption and/or GHG emissions. Control Union Malaysia and GSES - Global Sustainable Enterprise System welcomes the move by Malaysian Investment Development Authority and we are ready to accelate our efforts to support the Malaysian Industry to uptake ESG.

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Singapore's Unified Net Zero Roadmap A roadmap unifying Singapore's strategies to achieve net-zero carbon emissions by 2050 will enhance public and industry engagement and position it as a sustainable development leader. Overview Vision and Goals Net Zero by 2050: Achieve net-zero emissions by mid-century. Interim Targets: Reduce emissions to 60 MtCO2e by 2030 after peaking emissions earlier. Sustainable Development: Ensure economic growth aligns with environmental sustainability. Strategic Pillars Energy Efficiency Green Mark 2021: Promote energy performance in buildings through SLE, ZE, and PE certifications. Energy Efficiency Fund (E2F) and EEG: Financial incentives for adopting energy-efficient technologies. Resource Efficiency Grant for Emissions (REG(E)): Focus on carbon abatement in manufacturing and data centers. Clean Energy Transition Natural Gas: Use as a transitional fuel while enhancing efficiency. Solar Energy: Target 2 GWp by 2030, expanding to 5 GWp by 2050. Regional Power Grids: Develop grids to import low-carbon energy. Low-Carbon Alternatives: Invest in hydrogen and carbon capture technologies. Innovation and Digitalization Smart Grids: Use digital twins and smart meters for energy optimization. R&D: Focus on high-efficiency solar technologies and energy-efficient building systems. Sector-Specific Strategies Transport Land Transport: Promote electric vehicles, enhance public transport efficiency, and support active mobility. Maritime: Transition to low-carbon fuels, implement green port initiatives, and establish the Maritime Decarbonisation Centre. Aviation: Develop sustainable aviation fuels (SAFs) and hydrogen propulsion technologies. Built Environment Green Building Masterplan: Target 80% green buildings by 2030, with new developments meeting SLE standards. Retrofitting Initiatives: Support energy-efficient retrofitting through financial incentives. Industry Energy Efficiency: Enhance industrial process efficiency through incentives. CCUS and Green Hydrogen: Reduce emissions in heavy industries. Circular Economy: Promote waste reduction and resource efficiency. International Collaboration Global Partnerships: Engage with international organizations like IMO and ICAO. Regional Cooperation: Focus on ASEAN Power Grid and other collaborative projects. Policy and Regulatory Support Carbon Tax: Progressively increase to incentivize emissions reduction. Long-Term Strategy (LEDS): Provide a detailed sector-specific decarbonization roadmap. Green Financing Green Bonds and Loans: Support investments in decarbonization projects. Implementation and Monitoring Regular Reviews: Assess progress towards targets. Stakeholder Engagement: Collaborate with industry, academia, and the public. Transparency and Accountability: Publish detailed reports on progress. #NetZero2050 #Sustainability #EnergyTransition #Decarbonisation #Singapore #EnergyEfficiency #CleanEnergy #Innovation #GreenFinance #SustainableDevelopment

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9th Batch of the Sustainability Proficient Director "Proficient Directors Make Competent Boards and Competent Boards Delivers." Live Session - Schedule Program Dates: 12,13 Oct 2024 & 19 20, Oct 2024 Saturday 3pm to 7pm & Sunday 10 am to 2pm Registration: https://rzp.io/l/2ESG Program Details The ESG proficiency gap is giving opportunities to Directors, Aspiring Directors and CXOs to sit on boards filling the ESG proficiency gap. The Key missing link is the ‘How’ and ‘What’ of ESG Governance and Oversight. This program builds on this with Business case and live analysis of strategy and Sustainability Reporting of companies. Key aspects of ESG Governance and Oversight essential towards building and maintaining a credible ESG practice that adds to your professional reputation and to the benefit of the company. The ESG Proficient Directors is aimed at preparing you for a Board position to contribute as an ESG proficient Director. 6 modules 4 Strategic Sessions of 3 hours each.(recorded Sessions) MODULE 1 ESG Proficient Business – Role of Leadership  and Impact of Strategy. (Live Business Case Study). MODULE 2 Sustainability Policy & Strategy Analysis – Case Study MODULE 3 Materiality Mapping, Stakeholder Mapping and Practitioner’s Scorecard (Industry Sustainability Report Analysis) MODULE 4 Sustainability Governance and Oversight (principle based ESG Governance) MODULE 5 Integrating ESG Practice in Organization culture MODULE 6 Upcoming ESG Regulations impacting Business Globally and OPTIONAL Preparing for Independent Director Qualification Exams. & Planning your directorial journey. Benefits 24-MONTH COMPLEMENTARY LISTING ON OPEN ESG PROFICIENT DIRECTOR DATABASE The Open ESG Proficient Director Listing is aimed at making available particulars of Directors and aspiring Directors who have the capability to enable Board of companies to provide ESG governance and oversight to the company. ABOUT THE SESSIONS: STRUCTURED FOR IMPACT, FLEXIBLE IN APPROACH Missed a Strategic session, no problem, you have access to the sessions recording. So you do not miss out. Access to live Sustainability Reports. (Early registration discount is available till 01, Oct 2024. Registration currently open.) #Sustainability #Director #ESG #Givernance

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Starting November, SMEs in Singapore can leverage this grant to produce their first sustainability report. This initiative reflects a critical step in bringing SMEs along the sustainability journey, ensuring they are well-prepared ahead of mandatory climate reporting requirements. For SMEs, publishing sustainability reports isn't just about compliance; it's about identifying risks, optimizing operations, and gaining a competitive edge. Deloitte is proud to be one of the trusted partners for this program, offering expert advisory services to guide SMEs in identifying key areas, quantifying emissions, and drafting impactful reports. Connect with us to start your journey. https://lnkd.in/dpY6fH8s Josette SohBrian CK HO 何智权Wu SiningMengyao (Irene) WuSri RamasamyJenny P.

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Malaysia To Launch Corporate Renewable Energy Supply Scheme To Enhance Corporate Access To Green Electricity Summary: The Malaysian government will launch the Corporate Renewable Energy Supply Scheme (CRESS) in September 2024 to enhance corporate access to green electricity. This initiative, introduced by the Ministry of Energy Transition and Water Transformation (Petra), aims to support high-priority sectors' energy transition under the GREENS MADANI Initiative. CRESS will allow third parties to supply or obtain electricity through the grid network with a predetermined access charge, facilitating direct access to renewable energy (RE) for corporate entities. Currently, companies in Malaysia can meet their green electricity commitments through various programs, such as Net Energy Metering (NEM), Self Consumption (SelCo), purchasing Renewable Energy certificates via the Malaysia Green Attributes Trading System (mGATS), or subscribing to the Green Electricity Tariff (GET). The CRESS programme will build on these options by enabling eligible RE generators and corporate companies to arrange for green electricity supply under agreed terms through the existing supply system. The Energy Commission will regulate CRESS, while the Single Buyer (SB) and Grid System Operator (GSO) will manage access and dispatch coordination. Tenaga Nasional Berhad (TNB) will continue its role as the utility electricity supplier, ensuring consistent delivery of electricity. The introduction of CRESS is seen as a progressive step towards energy market liberalisation in Malaysia, aiming to increase the country's RE capacity from 26% (10.6GW) to 40% by 2035 and 70% by 2050. This initiative is expected to reduce carbon emissions by 701,000 tCO2 annually, attract direct investments exceeding RM10 billion, and create nearly 14,000 new jobs in the sustainable energy sector. #Malaysia #RenewableEnergy #CRESS #GreenElectricity #Sustainability #EnergyTransition #Petra #CorporateGreenPower #EnergyMarketLiberalisation #NetZero #ClimateAction #CleanEnergy #GreenEconomy #JobCreation #CarbonReduction

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#NoBurnWednesday GAIA members Consumer_Penang CAP and Sahabat Alam Malaysia (SAM) have urged the Malaysian government to cancel proposed Waste-to-Energy (WtE) incineration projects and shift towards a zero waste approach. In their memorandum, CAP and SAM highlight the environmental, economic, and health risks associated with WtE incinerators, which divert resources from sustainable solutions. They emphasize that zero waste practices, including recycling, composting, and extended producer responsibility, offer safer, more effective alternatives that protect the environment, create jobs, and contribute to a sustainable future for Malaysia. https://lnkd.in/gJP8vqQn #GoForZeroWaste #BreakFreeFromPlastic #BurnNot #ZeroWasteIsEasierTogether #ZeroWasteIsForEveryone #BurnNotMalaysia

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Just two weeks ago, I wrote about Malaysia's upcoming water crisis after attending the United Nations Global Compact's (UNGC) Future Leaders of Water Sustainability 2024 conference last month. And starting today, the Klang Valley region is already undergoing a 3-day water cut till June 7. Seems very much like a coincidence but conserving water is ever so important as water plays a vital role in our survival. But how many of us are mindful of our water footprint? Read the story to better understand why water is an issue of natural security for Malaysia. #UNGC #UnitedNations #SDGs #Malaysia #water #sustainability #FLOWS2024

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BCG’s Nurlin Mohd Salleh moderated a session at the recent Clean Power and New Energy Conference 2024 by CT Event Asia. In the discussion titled ‘ASEAN at COP28: Affirming the Net Zero Commitment’, Nurlin led an insightful dialogue with panelists: Dr. Endry Lim Zhen Wen (Research Director, Youth For Energy Southeast Asia), Megat Ardian (Senior General Manager, Strategy, Malaysia Airports), Sheriffah Noor Khams Dato Syed Ahmad Idid (Former Special Officer, Science Advisor, Prime Minister’s Department), and Raymond Ravelo (First Vice President, Chief Sustainability Officer, MERALCO). The panel explored key challenges and opportunities in achieving COP28 goals, the role of ASEAN in contributing to global renewable energy targets, the importance of regional cooperation for climate action, and how technology and innovation can support ASEAN’s climate goals. Looking ahead to Malaysia’s ASEAN Chairmanship in 2025, the country can leverage this opportunity to: • Facilitate regulatory harmonization (on cross-border electricity trade, carbon pricing) • Extract commitments to secure funds for upskilling/reskilling and R&D • Showcase stories of successful initiatives to position ASEAN as a leader in global climate efforts • Present a united ASEAN front to secure commitment from developed countries to increase funding for mitigation and adaptation efforts #BCGinSouthEastAsia #Malaysia #ASEAN #ClimateAndSustainability #Energy

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Singapore's latest GreenGov.SG report is published for FY2023. It details Singapore's public sector’s environmental sustainability performance from 1 Apr 2023 to 31 Mar 2024. The report incorporates waste data for the first time. Compared to the baseline: - Greenhouse gas emissions decreased 6.8% - Water use per person per day decreased 5.6% - Waste disposed per person per day decreased 9.1% Download and read the report at https://lnkd.in/gE89aRVs

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Going into our new financial year, SGTech #Sustainability continues to steer #enterprises towards a more sustainable future for all! Together with our corporate stalwarts, we had a good start over the last 1.5 years. With our new stalwarts onboard now steering our north star, we look forward to another change-making year doing what tech does best — disrupting norms and narratives which no longer work, and doing what works to propel #tech and all other industries ahead of the sustainability curve!

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