The British Malaysian Chamber of Commerce BMCC signed two separate Memorandum of Understanding (MoU)
with UN Global Compact Network Malaysia & Brunei (UNGCMYB) and the British Standards Institution (BSI) Malaysia respectively on 23 March 2022.
The MoUs are to form collaborative partnerships with the respective organisations in raising awareness and further understanding of sustainability and climate action practices within businesses and to support the BMCC Climate Action Pledge (BMCC CAP) signatories in their commitments. It also signifies the BMCC’s effort to extend support to local, Malaysian businesses to achieve their respective climate action goals on the collective journey to a net-zero economy.
The signing ceremony was held as part of the launch of the BMCC Climate Action Series with the inaugural installment entitled “Supporting Businesses in their Climate Agenda”. The event was attended by most of the 28 signatories to the BMCC CAP, alongside other BMCC corporate members who are advocates for sustainability and climate action in their capacities.
“The BMCC aims to continue advocating for collaborative actions between government and businesses to address the challenges at hand in transitioning towards a net-zero economy. We are committed to playing our role as a facilitator to this network of stakeholders by developing partnerships with like-minded organisations such as UNGCMYB and BSI Malaysia, as witnessed in today’s signing – as we believe the role of the private sector in Malaysia is extremely crucial to support the national ambition to achieve carbon-neutral targets,” said Jennifer Lopez, Chief Executive Officer of BMCC.
“At UNGCMYB, we are committed to support organisations in enabling and accelerating their climate actions. Together with BMCC, we look forward to promoting sustainable practices among local organisations to help them in achieving urgently needed sustainability performance that contributes to the triple bottom line and in creating a sustainable Malaysia.” said Faroze Nadar, Executive Director, UN Global Compact Network Malaysia & Brunei (UNGCMYB).
“At BSI, we believe a focus on sustainability is vital to achieving enduring and long-term resilience. We provide a global process and standards setting framework to support organisations as they strive to meet the United Nations’ Sustainable Development Goals. BSI, in its leadership position helps organisations to realise their potential by taking action and advocating for sustainability, delivering positive impacts,” shared Emmanuel Herve, Managing Director, ASEAN of BSI.