2023 | Quarter 3

MAIN EDITOR'S NOTE HIGHLIGHTS IN BUSINESS ENGAGEMENTS CORPORATE RESPONSIBILITY
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Malakoff Participates in Energy Transition Conference 2023

On 28 and 29 August 2023, Malakoff Corporation Berhad (Malakoff), a member of MMC Group, participated in the Energy Transition Conference 2023 (ETC 2023) at the Kuala Lumpur Convention Centre as part of its commitment to spearheading the global green revolution. Organised by Tenaga Nasional Berhad, the conference was aimed at converging industry players and policymakers through discussions and strategic dialogues on responsible energy transition that can find a balance between a sustainable energy system, energy security and affordability. Malakoff was a Gold partner in support of this event.


The event was launched by Yang Berhormat Nik Nazmi Nik Ahmad, Minister of Natural Resources, Environment and Climate Change.


Malakoff's Senior Vice President of the Local Generation Division, Muhammad Azmil Ismail was also invited as one of the panel speakers to provide his industry insights on the roles of natural gas to bridge the gap between reliance on fossil fuels and a complete adoption of Renewable Energy (RE).


Previously, the National Energy Transition Roadmap Part 2 was launched by YAB Dato' Seri Anwar Ibrahim, Prime Minister, where it was announced that between RM120 to RM180 billion of investment opportunities in co-funded government facilities would be made available to support the energy transition. It is also projected to bring about a 10% to 15% uplift to Malaysia's gross domestic product value.


Malakoff's participation in the ETC 2023 is a testament to our dedication to minimising our environmental footprint, developing RE solutions and promoting environmental stewardship in line with the Government's target to cut 45% of carbon intensity by 2030 and increase the RE capacity mix to 70% by 2050.

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