In line with its strategic roadmap towards becoming a more sustainably conscious organisation, Malakoff Corporation Berhad (“Malakoff”) had recently participated in the International Sustainable Energy Summit (“ISES”) 2022 held from 29 to 30 August 2022 at the Kuala Lumpur Convention Center. ISES is a biennial event that serves as a knowledge-based platform specifically focusing on renewable energy and energy efficiency. Launched by the Prime Minister of Malaysia, Yang Amat Berhormat (“YAB”) Dato’ Sri Ismail Sabri Yaakob, the event was organised by the Sustainable Energy Development Authority (“SEDA”) Malaysia in collaboration with the Ministry of Energy and Natural Resources (“KeTSA”). Malakoff was one of the Platinum Strategic Partners, in support of the event.

The summit began with a welcoming speech by the Minister of Energy and Natural Resources Yang Berhormat (“YB”) Datuk Seri Takiyuddin Hassan. This was followed by a keynote address highlighting this year’s theme, “Empowering Energy Transition” by the Director General of International Renewable Energy Agency (“IRENA”), His Excellency Francesco La Camera, who shared key data on RE trends and insights on the forthcoming Malaysian Energy Transition Outlook.

The Prime Minister was then invited to the stage to address the attendees who comprised industry leaders and experts, before officiating the summit. Focusing his speech on the future of RE in Malaysia, Dato’ Sri Ismail Sabri concluded by announcing that the Government is building Malaysia’s first green energy islands at Pulau Redang and Pulau Perhentian, which will supply consumers there with 24-hour electricity by 2025. The pioneering project will be supplied with a consistent, affordable and low-carbon supply of electricity, and reduce greenhouse gas emissions by about 70% from 2022 levels.

After the officiation ceremony, the Prime Minister made his way to visit the corporate booths. He was greeted by our Chairman, Tan Sri Datuk Dr. Ir. Ahmad Tajuddin Ali and- Managing Director/Chief Executive Officer Yang Berusaha Encik Anwar Syahrin Abdul Ajib at Malakoff’s Pavillion. Malakoff’s subsidiaries, Malakoff Radiance Sdn Bhd (“Malakoff Radiance”), Malakoff Technical Solutions Sdn Bhd (“MTSSB”), Alam Flora Sdn Bhd (“Alam Flora”) as well as Alam Flora Environmental Solutions (“AFES”) were present throughout the conference to showcase their products and services, addressing queries from visitors while engaging with business prospects and exchanging thoughts with other industry experts.

Overall, the event brought about key insights and discussions that include envisioning the future of the electricity market to achieve the Government’s RE target in the national capacity mix of 31% by 2025 and 40% by 2035. Malakoff’s participation in ISES 2022 is certainly a testament to our commitment towards accelerating our efforts in RE and environmental solutions to reduce our carbon footprint and contribute to the country’s transition to be a Carbon-Neutral Nation by 2050.