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The Star
  • 10 months ago
The ESG Positive Impact Awards will return with its third installment and once again be supported by OCBC Bank (Malaysia) Bhd as the main sponsor.

The award would aim not only recognising achievements but also equipping businesses with necessary tools to drive change.

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Transcript
00:00The ESG Positive Impact Awards will return with its third installment and once again
00:06be supported by OCBC Bank Malaysia Berhad as the main sponsor.
00:11The award would aim to not only recognize achievements, but also equip businesses with
00:16the necessary tools to drive change.
00:19Star Media Group Berhad Group Chief Executive Officer Chan Seng Fatt said OCBC's support
00:24is a testament to its belief in promoting environmental, social and governance principles.
00:49Chan was speaking at the ESG Positive Impact Awards 2024 Power Breakfast at Menara Star
00:55on Tuesday.
00:56Also present was OCBC Bank Malaysia Berhad's Head of Wholesale, Geoffrey Teo, who said
01:02that sustainability is a shared commitment across all shareholders.
01:05I think through this partnership, we aim to advance critical objectives such as environmental
01:11stewardship, social equity and responsible governance.
01:15By highlighting innovative ESG practices, we aspire to inspire the SMEs in the market
01:22and other organizations to embrace sustainable approaches in their operation.
01:27I think together we can achieve and foster a culture of sustainability that benefits
01:34both the community and the environment.
01:36Malaysian Investment Development Authority, MIDA, Deputy Chief Executive Officer Zalina
01:42Zainal graced the event as the guest of honour.
01:45In her keynote address, she said that ESG is no longer a framework for reporting, but
01:51rather a tool for sparking changes for businesses.
01:54As we all know, ESG goes beyond environmental concerns.
02:00It is also about people and governance.
02:05Balancing economic growth with inclusivity is not just the right thing to do.
02:11It is vital for long-term success.
02:15To achieve this, empowering micro, small and medium enterprises, MSMEs, is essential.
02:24These businesses are key players and they need guidance to navigate the complexities of ESG.
02:35On my last part, we are stepping up with initiatives like the domestic investment accelerator fund
02:44DIAF to empower domestic SMEs and mid-tier companies in their sustainability journeys.
02:53The Power Breakfast also featured talks and sharing sessions, including ESG Bite Talks
02:58on responsible consumption and production, good health and well-being, and diversity,
03:03equity and inclusion.
03:14For more UN videos visit www.un.org
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