The Malaysia Digital Week 2022 (MDW2022), organised by Malaysia Digital Economy Corporation (MDEC), Malaysia’s digital economy agency, came to a close yesterday. It was a two day event, to discuss digitalisation of the nine tech focus sectors as identified under Malaysia Digital. The event provided insightful conversations, discussions and keynotes around technology trends, case studies, progressive digital investment policy and regulatory frameworks.
During the event, YB Tan Sri Datuk Seri Panglima Tpr. Annuar bin Haji Musa, the Minister of Communications and Multimedia Malaysia (K-KOMM) announced the Malaysia Digital Climate Action Pledge (MDCAP), a corporate pledge that aims to build capacity and increase the adoption of sustainability and climate action by businesses across the digital economy.
MDCAP is jointly developed by the Malaysia Digital Economy Corporation (MDEC), Malaysia’s lead digital economy agency, in partnership with UN Global Compact Network Malaysia & Brunei (UNGCMYB).
The first cohort of MDCAP Signatories consist of 28 businesses from the digital economy sector. Here is the list of the 28 signatories:
- ADF Technologies Sdn Bhd
- Aemulus Corporation Sdn Bhd
- Cuscapi Bhd
- Commerce Dot Com
- Cube Global Sdn Bhd
- Daythree Business Services Sdn Bhd
- Evenesis – Y Us Sdn Bhd
- Favoriot Sdn Bhd
- First Online (M) Sdn Bhd
- FUJIFILM Business Innovation Malaysia Sdn Bhd
- Global Psytech Sdn Bhd
- Greenwave MSC Sdn Bhd
- IBM Corporation
- Iris Corporation Berhad
- Nicholas Actuarial Solutions Sdn Bhd
- NTT Global Data Centers CBJ1 Sdn Bhd
- Olive Technologies Sdn Bhd
- Optimum Infosolutions (M) Sdn Bhd
- Pantas Software Sdn Bhd
- Ramsat (M) Sdn Bhd
- Ren Innovation Sdn Bhd
- TCS Malaysia
- Telecontinent Sdn Bhd
- Thamlev Mobility Sdn Bhd
- Vitrox Technologies Sdn Bhd
- Vision Animation
These signatories will have access to resources including a climate action playbook and carbon toolkit (including a calculator, online scoresheet and reporting tool), to help them take an affirmative climate action plan.
Signatories of MDCAP are required to undertake a minimum of two out of the
following six commitments:
- Conduct business operations in an environmentally responsible manner, through Reduce, Reuse, and Recycle practices.
- Take action to minimise greenhouse gas (GHG) emissions by implementing energy efficiency and/or renewable energy or other emission-reducing measures.
- Implement responsible sourcing across the supply chain.
- Define a climate governance strategy in accordance with the mission, vision, and values of the company.
- Encourage stakeholder dialogue on the company’s sustainability practices.
- Share sustainability best practices in terms of strategies, action plans, and initiatives.
Malaysia’s digital economy reached 22.6 percent of gross domestic product (GDP) last year and is expected to grow beyond the initial target of 25.5 percent by 2025. This makes the digital economy a key catalyst for the nation’s shift to more sustainable economic practices.
The role of the private sector in championing sustainable practices is crucial in achieving the nation’s carbon neutrality aspirations. However, we recognise that some companies may find it difficult to relate sustainability to their own operations. Businesses, through MDCAP, will have access to a range of resources and best practices to help them act.YB Tan Sri Datuk Seri Panglima Tpr. Annuar bin Haji Musa
This Pledge is aligned with the Government’s commitment to be a carbon-neutral nation by 2050. As outlined in Twelfth Malaysia Plan (12MP), the Government is aiming for a 45% reduction in greenhouse gas emissions intensity of GDP by 2030, compared to a 2005 baseline, and to achieve a 31% renewable energy mix by 2025.
Ts. Mahadhir Aziz, CEO of MDEC, said:
MDCAP is a very important step in supporting the acceleration of the growth of the digital economy sustainably.
Other programmes offered under MDCAP include a Sustainability eLearning, co-developed by UNGCMYB and Taylor’s University, that will also be offered to the first 75 SMEs taking the Pledge, at a subsidised rate.
Companies who are interested to become a signatory are welcomed to learn more about MDCAP by visiting MDEC’s website.