PR98337

KUALA LUMPUR, Malaysia, Oct. 18, 2022 /PRNewswire=KYODO JBN/ --

*Document exchange ceremony at the International Greentech & Eco Products

Exhibition & Conference Malaysia (IGEM) witnessed by the Secretary General of

the Ministry of Environment and Water

*MGTC and Envision Digital to offer low carbon operating system (LCOS) that

enables large and small local enterprises to track carbon footprint in real-time

*LCOS will be available to nearly 1000 companies listed on Bursa Malaysia and

1.2 million SMEs

*Provides world-leading blueprint for public-private partnerships to accelerate

national net zero ambitions in other global markets

The Malaysian Green Technology and Climate Change Corporation (MGTC), an agency

of the Ministry of Environment and Water (KASA), and Envision Digital, the

decarbonisation software leader for net zero, have signed a new partnership

agreement to accelerate Malaysia's net zero journey and promote real-time

carbon footprint tracking for local organisations.

A document exchange ceremony took place at the International Greentech & Eco

Products Exhibition & Conference Malaysia (IGEM) and was witnessed by Yang

Berbahagia Dato' Seri Ir. Dr. Zaini bin Ujang, Secretary General of the

Ministry of Environment and Water.

The partnership will offer a globally best-in-class blueprint for how public

and private entities around the world can work together to support the business

community to accelerate national net zero agendas. It follows the announcement

of Envision's strategic partnership with the Government of Spain in July to

build Europe's first net zero industrial park.

Under the 12th Malaysia Plan, Malaysia has announced ambitious goals of

achieving carbon neutrality by 2050 and reducing its greenhouse gas emissions

(GHG) intensity of Gross Domestic Product (GDP) by 45% by 2030. The partnership

between Envision Digital and MGTC will equip key stakeholders with the tools

and capabilities they need to track their carbon emissions.

As part of this collaboration, both parties will jointly develop a low carbon

operating system (LCOS) to enable local businesses of all sizes across Malaysia

to monitor and manage their carbon emissions. This will be available to all

companies in Malaysia, including nearly 1000 companies listed on Bursa Malaysia

and 1.2 million small and medium-sized enterprises (SMEs). Powered by EnOSTM

Ark, Envision Digital's carbon management solution, LCOS allows key

stakeholders to catalyse the decarbonisation and digitalisation momentum, and

gain real-time insights into their carbon footprint.

Ts. Shamsul Bahar Mohd Nor, CEO of MGTC, said, "Getting to net zero means

reducing the build-up of emissions in the atmosphere that are warming our

planet. With rising temperatures, the world faces a number of irreversible

environmental changes. Issues such as food and water shortages, unpredictable

weather, and the outbreak of diseases could affect humanity and future

generations for years to come."

He added, "Globally, many companies are embarking on the net-zero transition,

and decarbonisation is undoubtedly the first and most crucial part of this

agenda. Our partnership with Envision Digital will allow companies to measure

their carbon emissions, manage their business activities and take action to

reduce their emissions. This opportunity will pave the way for us to promote a

green economy and realise the national mission to build a carbon-neutral nation

by 2050."

Michael Ding, Global Executive Director of Envision Digital, said, "We are

pleased to partner with MGTC to help accelerate Malaysia's decarbonisation

efforts and transition to a net zero economy. Public-private partnerships are

vital to achieve global emissions goals and we believe our work with Malaysia

is a lighthouse for other similar national initiatives to accelerate their net

zero journey."

About Malaysian Green Technology and Climate Change Corporation (MGTC)

MGTC is an agency of the Ministry of Environment and Water (KASA) mandated to

drive the country in the scope of Accelerating Green Growth, Climate Action

Empowerment and Cultivating Green Lifestyle.

Three national policies, in particular, the National Green Technology Policy

(NGTP), the National Climate Change Policy (NCCP) and the Green Technology

Master Plan (GTMP), regulated MGTC's role as a catalyst for green economic

growth.

MGTC prime directive is to realise Malaysia's Net-Zero greenhouse gas (GHG) in

2050 through a 45% reduction of unconditional GHG emissions relative to 2005

intensity by 2030, increasing RM 100 billion GDP value in the green technology

sector and generating 230,000 green job opportunities.

About Envision Digital

Envision Digital is the world's leading net zero technology partner for

enterprises, governments, and cities, with the goal of accelerating progress

towards carbon-free energy and improving quality of life for all of humanity.

The company's EnOS™ net zero platform manages over 220 million devices and 500

Gigawatts of electricity, powering highly configurable, end to end IIOT

solutions that use AI to reduce carbon emissions and costs, improve return on

capital, and simplify reporting and compliance.

The company has over 1,000 employees and 14 offices across the United Kingdom,

France, Germany, the Netherlands, Norway, Malaysia, China, Japan and the United

States, with headquarters in Singapore.

For more information, please visit www.envision-digital.com/ .

SOURCE: Envision Digital

Image Attachments Links:

   Link: http://asianetnews.net/view-attachment?attach-id=431765

   Caption: From left to right: Michael Ding, Global Executive Director of Envision

Digital; Lei Zhang, CEO of Envision Group; Yang Berbahagia Dato’ Iskandar Abdul

Samad, Chairman of MGTC; Yang Berbahagia Dato' Seri Ir. Dr. Zaini bin Ujang,

Secretary General of KASA; Shamsul Bahar Bin Mohd Nor, CEO of MGTC