BUSINESS

MAG JOINS UNITED NATIONS GLOBAL COMPACT TO ADVANCE SUSTAINABILITY EFFORTS

17/01/2023 03:25 PM

KUALA LUMPUR, Jan 17 (Bernama) -- Malaysia Aviation Group (MAG) has joined the United Nations Global Compact (UNGC), a global initiative that promotes responsible business practices and the advancement of the Sustainable Development Goals (SDGs).

As the first aviation company in Malaysia to join this initiative, MAG is committed to aligning its operations and strategies to the UNGC Ten Principles, which outline the business’ core human rights, labour, environment and anti-corruption principles.

"Through this global initiative, MAG will benefit from accessing local and global sustainability tools and resources; and implementation of culture and talent development programmes, including the incorporation of the UN Global Compact Academy into the learning syllabus to increase awareness and deepen group-wide engagements in sustainability," MAG said in a statement today.

Group chief executive officer Captain Izham Ismail said joining the UNGC will strengthen MAG's commitment in adopting sustainable business practices together with a growing list of more than 20,000 companies in over 160 countries which have committed to the UNGC's Ten Principles and share the same values and goals for a sustainable future.

"Beyond achieving our net-zero goal, we believe that partnerships and collaborations will be essential to propelling our efforts holistically and delivering a positive impact on the environment, society, and governance, and chart our way forward for long-term success," said Izham.

Meanwhile, the UN Global Compact Network Malaysia & Brunei (UNGCMYB) executive director Faroze Nadar in welcoming MAG to the UNGC, said as a sector that plays a critical role in connecting people and driving economic growth, the aviation industry has a unique opportunity to lead the way in sustainable business practices

“We look forward to working together to create a more sustainable future for all,” he said.

Since the launch of MAG Sustainability Blueprint in April 2021, MAG has continued to accelerate its sustainability blueprint agenda in all sectors, inspiring positive change through various initiatives.

In addition to supporting the United Nations’ 13th SDG (Climate Action), these initiatives target three other SDGs: Goal 5 (Gender Equality), Goal 7 (Affordable and Clean Energy) and Goal 12 (Responsible Consumption and Production).

MAG said that in the near term, the group will focus on four priorities to achieve net-zero from the ground up through measures taken within all its operations, including implementing fuel efficiency programmes such as sustainable aviation fuel.

Other initiatives include the Carbon Accounting project, which tracks the group's GHG emissions to help develop a decarbonisation strategy and mitigation plan; the fuel efficiency plan, fleet renewal programme, the installation of solar panels; waste management programme and utilisation of electrical vehicles to reduce ground carbon emission in the near future.

-- BERNAMA


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