HomeEnergy efficiency ›MGTC and Envision Digital Partners to Accelerate Malaysia's Target of Achieving Carbon Neutrality by 2050

MGTC and Envision Digital Partners to Accelerate Malaysia's Target of Achieving Carbon Neutrality by 2050

The Malaysian Green Technology and Climate Change Corporation (MGTC) and Envision Digital, the decarbonisation software leader for net zero, have signed a new partnership agreement to accelerate Malaysia's net zero journey and promote real-time carbon footprint tracking.

October 15, 2022. By News Bureau

The Malaysian Green Technology and Climate Change Corporation (MGTC) and Envision Digital, the decarbonisation software leader for net zero, have signed a new partnership agreement to accelerate Malaysia's net zero journey and promote real-time carbon footprint tracking.
 

A document exchange ceremony took place today 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.

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 is an industry-first in Malaysia's journey towards achieving these commitments and will equip key stakeholders with the tools and capabilities they need to track their carbon emissions.  

As part of this collaboration, both parties will jointly develop a low carbon operating system (LCOS) to enable local businesses across Malaysia to monitor and manage their carbon emissions.

Powered by EnOSTM Ark, Envision Digital's carbon management solution, LCOS allows key stakeholders to catalyse the decarbonisation and digitalisation momentum, and gain real-time insights into their carbon footprint.

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."

Azaidi Mohd Lazim, Managing Director, Malaysia at Envision Digital, said, "This partnership with MGTC highlights our commitment to supporting Malaysia's decarbonisation journey and helps unlock opportunities for businesses to accelerate their net zero transition in innovative ways. As a global net zero technology partner for both governments and companies, we believe public-private partnerships are vital to creating a net zero world."
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