Malaysia's regulator launches greenhouse gas emission calculator for SMEs
22 Jul 2025, 21:46 GMT+10
KUALA LUMPUR, July 22 (Xinhua) -- Capital Markets Malaysia (CMM), an affiliate of the Securities Commission Malaysia (SC), on Tuesday launched the Simplified ESG Disclosure Guide Greenhouse Gas Emission Calculator for small and medium enterprises (SMEs).
The CMM said in a statement that the user-friendly tool is designed to help Malaysian companies measure and report their Scope 1 and Scope 2 emissions based on the globally recognized Greenhouse Gas Protocol.
To ensure consistency and credibility, the tool utilizes a methodology which follows widely accepted international standards that are also used by the Malaysian government in the Biennial National Communications to the United Nations Framework Convention on Climate Change (UNFCCC).
"The calculator simplifies a complex process, making emissions reporting accessible even to first-time users. Beyond reporting, it also enables companies to pinpoint key emission sources across operations, allowing them to make informed decisions and move towards meaningful climate action," said Mohammad Faiz Azmi, executive chairman of the SC and chairman of CMM.
He added that the calculator further complements efforts by the SC to promote consistent and credible sustainability disclosures and supports the adoption of the National Sustainability Reporting Framework by Malaysian companies.
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"Chinese high-speed rail technology is truly advanced. They're already developing trains that can reach 450 kilometers per hour. So I think it's natural that China is the technological benchmark for Indonesia's high-speed rail development," he said. He also noted that Indonesia's success with Whoosh has drawn attention from other Southeast Asian nations eager to replicate its achievement. "Indonesia is now seen as a model for high-speed rail development in ASEAN," he said. As demand continues to climb and public satisfaction remains high, expectations are rising. German expatriate Ali Kurtze, a long-time Jakarta resident and self-proclaimed loyal Whoosh rider, expressed hope for further expansion. "Fast, punctual, comfortable, I love this route. I hope the high-speed rail will one day extend to Surabaya or even Sumatra," said Kurtze. "That would completely transform Indonesia's transportation landscape." -- Xinhua
