Envision Digital Partnerships With MGTC to Accelerate Carbon Neutrality Goals
The Malaysian Green Technology and Climate Change Corporation (MGTC), an agency of the Ministry of Environment and Water (KASA), and Envision Digital have signed a new partnership agreement to accelerate Malaysia's net zero journey and promote real-time carbon footprint tracking for local organisations.
October 19, 2022. By News Bureau
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A document exchange ceremony took place at the International Greentech & Eco Products Exhibition & Conference Malaysia (IGEM) and was witnessed by Yang Berbahagia Dato' Seri Ir. Dr. Zaini bin Ujang, Secretary General of the Ministry of Environment and Water.
The partnership will offer a globally best-in-class blueprint for how public and private entities around the world can work together to support the business community to accelerate national net zero agendas.
It follows the announcement of Envision's strategic partnership with the Government of Spain in July to build Europe's first net zero industrial park.
Under the 12th Malaysia Plan, Malaysia has announced ambitious goals of achieving carbon neutrality by 2050 and reducing its greenhouse gas emissions (GHG) intensity of Gross Domestic Product (GDP) by 45% by 2030.
The partnership between Envision Digital and MGTC will equip key stakeholders with the tools and capabilities they need to track their carbon emissions.
Ts. Shamsul Bahar Mohd Nor, CEO of MGTC, said, "Getting to net zero means reducing the build-up of emissions in the atmosphere that are warming our planet. With rising temperatures, the world faces a number of irreversible environmental changes. Issues such as food and water shortages, unpredictable weather, and the outbreak of diseases could affect humanity and future generations for years to come."
Michael Ding, Global Executive Director of Envision Digital, said, "We are pleased to partner with MGTC to help accelerate Malaysia's decarbonisation efforts and transition to a net zero economy. Public-private partnerships are vital to achieve global emissions goals and we believe our work with Malaysia is a lighthouse for other similar national initiatives to accelerate their net zero journey."
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