In encouraging Malaysia’s oil and gas services and equipment (OGSE) suppliers to embrace sustainability principles, PETRONAS today launched the PETRONAS Supplier Support Programme (PSSP) in collaboration with the Joint Committee for Climate Change (JC3) Greening Value Chain Programme, Bursa Malaysia and the UN Global Compact Network Malaysia & Brunei (UNGCMYB).

The programme aims to provide the necessary tools, capability trainings and access to transition financing for suppliers to increase adoption and disclosure of sustainability practices, thus accelerating their sustainability journey in support of the National Energy Transition Roadmap (NETR).

PETRONAS Executive Vice President and Group Chief Financial Officer, Liza Mustapha officiated the launch, accompanied by Bursa Malaysia Chief Executive Officer, Datuk Muhamad Umar Swift, Bank Negara Malaysia Assistant Governor, Dr. Norhana Endut and UNGCMYB Executive Director, Faroze Nadar.

At a panel session held during the event, Liza Mustapha acknowledged the challenges that OGSE suppliers, especially small and medium-sized enterprises (SMEs), face in implementing sustainability practices crucial for the energy transition.

“We recognise that OGSE suppliers especially SMEs, face resource constraints in implementing sustainability practices and these practices are key in enabling the energy transition. We are rallying together with our suppliers in support of a just transition that ensures no one is left behind.

The PETRONAS Supplier Support Programme is a significant milestone, providing a platform for the industry to demonstrate practical action and inspire others to act,” she said.

Through the programme, PETRONAS will be an anchor in the Greening Value Chain (GVC) programme, whereby suppliers are exposed to:
· Environmental, Social and Governance (ESG) knowledge and capacity building programmes specific to the OGSE industry that caters to suppliers of all maturity levels;
· Centralised Sustainability Intelligence (CSI) Platform that provides suppliers with a suite of tools designed to assist businesses in effectively measuring, managing and reporting their carbon emissions and sustainability risks and;
· Access to financing including Bank Negara Malaysia’s Low Carbon Transition Facility and High Tech and Green Facility to support their transition efforts.

The launch of the programme has garnered positive feedback from PETRONAS suppliers, highlighting its impact on supporting SMEs in their sustainability efforts.

“PSSP is what we have been waiting for. As SMEs, we need the guidance and support to help us transition our operations towards low carbon practices. This programme will enable us to do so in a more systematic way and ensure no one is left behind.

We are excited to embark on the journey together with PETRONAS,” said Hammer Engineering Sdn Bhd Managing Director, Lokman Jusoh.

In conjunction with the annual 828 Fan Festival, realme, the world’s fastest-growing smartphone brand, is set to unveil the world’s No. 1 fast-charging technology on 14 August.

The grand revelation aspires to set new benchmarks for smartphone charging as realme is anticipated to break the world record once again for the fastest charging in history, featuring record-breaking speed, efficiency, and advanced safety.

Four proprietary innovations driving this achievement will also be unveiled for the first time, leading the world in advancements in charging power, battery technology, converter size, and power reduction design.

Apart from the fast-charging technology, realme will also shed light on the cutting-edge technologies in the works, redefining the smartphone experience with AI, performance, and imaging.

These announcements highlight realme’s commitment to innovation and its dedication to empowering young users with unprecedented solutions and tech experiences that exceed their expectations. Call it a miracle; call it realme.

Johor Plantations Group Berhad (JPG), in collaboration with Yayasan JCorp and Pertubuhan Sahabat Hutan Bakau Pulau Tanjung Surat (PSHBTS), planted 1,000 mangrove trees at Pulau Tanjung Surat, Kota Tinggi, Johor, to restore and preserve the mangrove ecosystem along the coast.

This initiative is part of JPG’s “One Million Roots for the Future” (1MRFF) campaign, in line with its commitment to protect biodiversity and the ecosystem.

This is the second year JPG is doing this initiative, with the ultimate goal of planting one million trees in 10 years to promote environmental sustainability and encourage active stewardship of natural resources and biodiversity.

This joint initiative between JPG and Yayasan JCorp is in line with their parent organisation
Johor Corporation (JCorp)’s purpose of being custodians of nature’s resources by nurturing and safeguarding them for future generations so that they can continue to reap the benefits.

“As a responsible operator, our environmental management practices aim to minimise
environmental impacts and focus on conserving our nation’s natural habitats. Our Tree
Planting programme under the 1MRFF aims to plant one million trees, including in critical areas to improve the sites’ ecosystems, such as our precious mangrove swamps, by creating habitats for a wide range of marine and terrestrial species, as well as managing the water quality in those areas.

From 2023 to 2033, our target is to plant this number of trees both internally and in collaboration with like-minded stakeholders, contributing to carbon dioxide sequestered
from the atmosphere and helping mitigate climate change,” said Mohd Faris Adli Shukery,
Managing Director of Johor Plantations Group Berhad.

Meanwhile, Chief Executive Officer of Yayasan JCorp, Zaidatul Zurita Abdul Rahman, stated,
“We are thrilled to collaborate with JPG on this important initiative. It aligns perfectly with our ESG goals of creating a better life by fostering a cleaner, healthier environment for local
communities.

We extend our heartfelt gratitude to JPG for partnering with us to ensure the success of this programme. We eagerly anticipate future collaborations that will further enhance the environmental and social well-being of our community.”