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The conversation has gained momentum; planning is well underway for the series of round table engagements with multiple ministries and across multiple industry sectors, with as many key stakeholders as possible to discuss the impacts of climate ambition and what policies might help to facilitate this transition.
The just concluded Round Table session with Puan Zakiah binti Jaafar, Deputy Secretary General of Treasury (Policy), Ministry of Finance, provided valuable insights into the thinking of a key ministry, providing a much needed impetus to these engagements.
Watch this session and other webinars on CGM's YouTube channel: https://www.youtube.com/watch?v=b38oo8e2TE4
Overhead
We must now must accept the fact that the sustainability element is a critical strand that needs to be embedded into the DNA of Malaysian industries as it will strengthen our competitive advantage, which will boost investor confidence, strengthen brands and reputations.
The Malaysian Government fully recognizes the importance of sustainability in underpinning the country’s development trajectory towards a sustainable and inclusive nation. This IS a signal of policy direction to the private sector to develop their capacity and increase their resilience against impending policies and regulations.
- Puan Zakiah binti Jaafar, Deputy Secretary General of Treasury (Policy), Ministry of Finance
Globally, businesses are under unprecedented pressure from their investors, regulators, financiers, customers and staff to demonstrate their climate resilience against a backdrop of a warming world and articulate climate ambition to demonstrate their ability to transition, in support of the Paris agreements goals.
- Tengku Muhammad Taufik, Chairman of CEO Action Network
It was refreshing hearing about the Ministry's commitment to the Sustainability agenda and their willingness to adopt a “whole of society”approach to the issue.
- Datuk Faiz Azmi, Executive Chairman of PwC Malaysia
The private sector needs to make certain judgments around the climate crisis: whether it will be positioned on the right or wrong side of climate history, whether there's value being created or destroyed in the transition.
- Datin Seri Sunita Rajakumar, Climate Governance Malaysia
Background
This session was part of a series of Round Table conversations between the government and private sector to discuss the policies which would help align our interests and goals in increasing national climate ambition. The text (PDF) of the speeches are available below.
Read about other sessions here, including the launch with the Ministry of Environment and Water: https://www.cgmalaysia.com/blog-posts/categories/roundtable-discussion
Find out more abut this initiative and register for updates here: http://nze50my.peatix.com/
If you would like to contribute to this process, please submit your observations and recommendations via this online Google form: https://forms.gle/9Fyge5sVqNe2s5vx7
Text of the speeches:
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