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Dear Subscriber,
SDGs In Play: #7 Affordable and Clean Energy
View from UN Global Compact Malaysia
View from UN Global Compact Malaysia
When looking into the model for renewable energy, we need not look so far; Sarawak’s energy production is 74% hydroelectricity, 13% natural gas (LNG) and 13% from other sources including renewables. The Borneo state is projected to increase its share of renewable energy production for the foreseeable future.

In fact, when it comes to green energy, Malaysia is pushing on all fronts. By 2030, we have set targets of 100,000 electric cars usage, 100,000 electric motorcycles, 2,000 electric buses and 125,000 charging stations across the country. We have tested the electric bus concept with the Sunway BRT Line and proven that green public transportation is the way to go. The next decade is about solidifying this move towards a Malaysia with cleaner and more affordable energy.
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MAKING IT HAPPEN
AMCHAM Members share their actions to contribute towards this SDG. 
STMicroelectronics Sdn Bhd - Stabilizing Power Supply Within The Community
STMicroelectronics Sdn Bhd - Stabilizing Power Supply Within The Community
As one of the world’s largest semiconductor companies delivering intelligent and energy-efficient products and solutions, STMicroelectronics Muar is driven by its CSR strategy and takes into account the social impact in the way it operates as a business. With monthly huge consumption of electricity, this creates imbalance power distribution in Muar district and affects future development of the area in the long run. On July 2019, the Company launched the 132kV Substation Project, a very strategic investment which resulted in business sustainability and other benefits to the Company as well as surrounding communities. Since completion, the site enjoy cost saving for about USD1Million per year.
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COMMITTING TO SDG #7, CONSIDER THESE:
1. Intentionality
  • Is your company committed to supporting the achievement of Goal 7? Have you developed a holistic strategy that reflects this commitment, covering end-to-end operations and the wider community?
  • Are you committed to learn from your actions and do you have processes in place to improve them accordingly? 
  • Is your strategy supported by the highest levels of management, including the Board of Directors?
 
2. Ambition
  • Do your actions achieve long-term outcomes that greatly exceed those resulting from current industry practice? 
  • Are your actions aligned with what is needed to achieve Goal 7?
 
3. Consistency
  • Is support for Goal 7 embedded across all organizational functions?
  • Are staff and board incentives aligned with achieving Goal 7?
 
4. Collaboration
  • Do you proactively look for opportunities to partner with Governments, UN agencies, suppliers, civil society organizations, industry peers and other stakeholders to inform how to advance Goal 7?
 
5. Accountability
  • Do you publicly express your commitment to advance Goal 7? 
  • Do you identify, monitor, and report on impacts, including potentially adverse impacts?
  • Do you mitigate risks associated with your action? 
  • Do you remediate negative impacts associated with this action? 
  • Do you engage stakeholders in a meaningful way? 
 
American Malaysian Chamber of Commerce
Level 10, Bangunan Faber Imperial Court, Jalan Sultan Ismail,
Kuala Lumpur 50250, Malaysia
Tel: +603 2727 0070Fax: +603 2727 0075Email: info@amcham.com.my
    

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