Apr 20, 2021
CGM webinar which you might be interested in: A Tectonic Shift: Increasing Expectations on Reporting and Disclosure Part II of CGM's... read more CGM webinar which you might be interested in: A Tectonic Shift: Increasing Expectations on Reporting and Disclosure Part II of CGM's Primer on Climate Governance 4pm-5:30pm Tuesday 20 April In the last 12-18 months, we have seen an acceleration of the conversation around sustainability reporting, moving from standards and frameworks to the tough questions of how sustainability is embedded into the DNA of the business. This webinar on will discuss the state of sustainability reporting in Corporate Malaysia and how technology can play an important role in galvanising this transition. We are looking forward to hearing from Benjamin McCarron (Managing Director of Asia Research and Engagement); Puvan Selvanathan (Founder of Bluenumber); Ahmad Ridzuan bin Wan Idrus (Head, Investment Operations Department, Employees Provident Fund); and Gabriel Wilson-Otto (Head of Stewardship, Asia Pacific for BNP Paribas Asset Management). “The pandemic has strengthened the conviction in the financial community that it must address systemic risks. Climate change has now moved to the top of that list. In Malaysia, the key institutions, companies, and regulators are only now starting to address the implications of the transition to a low carbon economy and the physical changes. One challenge is that boards are still relatively uninformed about climate change and how related risks will affect their businesses. We recommend boards set up committees to create accountability and raise conviction about the steps needed.” Ben McCarron “We no longer view climate change as something that happens to someone else. Covid has instilled the mindset of per-person measurement. Whether victimized or vaccinated, we recognise that our economy comprises people who each and all produce, provide and purchase. Resilience and risk are precisely about people in specific places, with exposure to challenges and benefits of opportunities. Reporting and disclosure using any metric that is not people-centric is defunct.” - Puvan Selvanathan Register: https://www.cgmalaysia.com/event-details/increasing-expectations-on-reporting-and-disclosure show less
The climate emergency will require an All of Government and Whole of Society approach. This initiative comprises a series of multi-ministerial and private sector engagements conducted in close collaboration with other key stakeholders. The approach in engaging with so many stakeholders will be a combination of open (public) sessions, round table (closed door) sessions and workshops.
Objectives are to provide a platform to solicit feedback on the viability of a national net zero emissions target by 2050 and to assess the need for a multi stakeholder platform for climate action in the country driven by the net zero target. The role of the platform would be to inform policy and provide signalling for the private sector.
Partners of this initiative are: Climate Governance Malaysia, CEO Action Network, Institute of Strategic and International Studies and PWC.