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The Edge Markets, Edge Weekly Datin Seri Sunita Rajakumar’s foray into climate governance was through a stroke of luck. As she learnt...

Edge Weekly Human civilisation has been thriving for thousands of years within a narrow envelope of a stable climate. However, the extreme weather we are beginning to face exacerbates the already severe threats to our ability to survive and thrive. Just as earthquake planning is acculturated in certain countries, so too climate education needs to be acculturated, especially in this region, which is disproportionately affected by climate change. The analogy would be putting yo

Malaysia’s oil and gas reserves have been a source of resilience in recent months, amid heightened concerns over energy security due to Russia’s invasion of Ukraine. In the decades ahead, though, the country needs to wean itself off fossil fuels and prepare for a low-carbon future. The transition away from oil and gas poses an enormous transition risk for Malaysia, which relies heavily on the sector for its revenues. State-owned Petroliam Nasional Bhd (Petronas) this year is

The Edge Markets Karina Litvack, Founder and Chairman of the World Economic Forum's (WEF) Climate Governance Initiative (CGI) Karina Litvack, whose calling is to persuade listed company boards that it is their business to take action on climate change, has a tough mission. As the founder and chairman of the World Economic Forum’s (WEF) Climate Governance Initiative (CGI), she has to deal with directors who block her moves at every step. Often, they are adamant in sticking to

The race to net-zero is on, with countries and companies pledging to reduce their carbon emissions in the next few decades. This is all done in hopes of limiting the rise in global average temperatures to below 1.5°C. If it goes beyond that number, there will be irreversible impacts on the earth and our way of living. This climate target-setting language, however, often uses scientific terminologies and acronyms that may not make sense to the general public. Here are some com

KUALA LUMPUR (June 22): Capital market participants must step up efforts to support sustainable and climate-resilient lifestyles and...

KUALA LUMPUR (June 10): The Institute of Corporate Directors Malaysia (ICDM) observed that companies have become more aware of building a culture of sustainability for greater performance. ICDM president & chief executive officer Michele Kythe Lim said over the past two years, the institute has seen a marked change in board priorities and dynamics. "Board attention and priorities on performance are underpinned by the understanding of the need to move the needle on culture and

Globally, governments and businesses are pursuing their own paths to achieve their net-zero goals. Many countries aim to reach net zero by 2050, including Malaysia. But here’s a problem: details on many of these plans are scarce. This was highlighted in the United Nations Environment Programme’s (UNEP) report last October, which described current net-zero promises as “vague” and inconsistent with most 2030 national climate commitments. In addition, the non-profit Energy & Cli

Discussions around corporate sustainability have shifted from why it is important to how it can be done. There is an increasing focus on...

The efforts to fight climate change and its disastrous consequences are not relenting. For instance, as a result of the 2021 United...

As the sheer scale of the challenges posed by the climate emergency is becoming increasingly clear, it is gratifying to see many company...