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Dear Subscriber,
SDGs In Play: #13 Climate Action
View from UN Global Compact Malaysia
View from UN Global Compact Malaysia
Climate change is caused by human emissions of greenhouse gases associated with electricity and heat production, industry, buildings, transport, and land use. Climate change impacts the planet through higher temperatures, an increase of extreme weather events, changing precipitation patterns, rising sea levels, and ocean acidification. It disrupts ecosystems and human livelihoods, particularly of vulnerable groups such as women, children, and the elderly as resources, food, and water become more scarce.
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AMCHAM Members share their actions to contribute towards this SDG. 
GE Moving Malaysia from Coal Power Plants to Cleaner Energy
GE Moving Malaysia from Coal Power Plants to Cleaner Energy
GE has made a commitment to focus on more renewable energy in its entire product line up, this of course is a company with more than 125 years of experience across the electricity industry and for it to make a commitment, the future seems to be on cleaner energy source.

Reinforcing this statement, Vic Abate, GE Senior Vice President and Chief Technology Officer and former CEO of both GE’s Gas Power and Renewables businesses “we’re prioritising investment in technologies to cost-effectively scale renewables and to move toward net zero gas power with advances in hydrogen and carbon capture technologies".
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HSBC's Climate Action
HSBC's Climate Action
A bold new climate ambition and unprecedented support for customers and colleagues during the COVID-19 pandemic are some of HSBC’s latest environmental, social and governance (ESG) highlights. The ESG information, now set out more extensively in the Annual Report and Accounts 2020, explains the action that HSBC is taking to meet its responsibilities to customers, communities and other stakeholders around the world.

Group Chief Executive Noel Quinn said: “Opening up a world of opportunity’ is more than a purpose – it is a statement of intent. Everything that we plan to do over the next decade is designed to unlock opportunity for our stakeholders, whether customers, colleagues, shareholders or communities.”
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1. Intentionality
  • Is your company committed to supporting the achievement of Goal 13? Have you developed a holistic strategy that reflects this commitment, covering end-to-end operation 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 13?
3. Consistency
  • Is support for Goal 13 embedded across all organizational functions?
  • Are staff and board incentives aligned with achieving Goal 13?
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 13?
5. Accountability
  • Do you publicly express your commitment to advance Goal 13?
  • 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?
In Partnership With
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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