Capital Markets Malaysia launches emissions calculator for SMEs
KUALA LUMPUR: Capital Markets Malaysia (CMM), an affiliate of the Securities Commission Malaysia (SC), today launched the SEDG Greenhouse Gas (GHG) emissions calculator to help small and medium enterprises (SMEs) measure and report their emissions.
CMM said in a statement that the tool is designed to help Malaysian companies measure and report their scope 1 and scope 2 emissions based on the globally recognised GHG protocol.
SC executive chairman Datuk Mohammad Faiz Azmi said accurate emissions measurement was increasingly critical for Malaysian SMEs, particularly those operating in global supply chains, as customers demand greater disclosure.
"The SEDG GHG emissions 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,' he said.
He added that the calculator complements the SC's efforts to promote consistent and credible sustainability disclosures and supports the adoption of the National Sustainability Reporting Framework.
Meanwhile, CMM general manager Navina Balasingam said the agency conducted a series of user acceptance tests across various supply chain sectors to ensure the tool met SMEs' needs and expectations.
She said the calculator is available free of charge in three languages - English, Bahasa Melayu and Simplified Mandarin - to ensure broad accessibility. - Bernama
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Star
3 hours ago
- The Star
Semiconductor firms tread cautiously
THE potential 25% tariff imposed by the US government is of significant concern for Malaysian semiconductor companies. These firms, which are crucial to the global supply chain, contributed RM575bil in exports in 2024. Industry players are now navigating this uncertainty with heightened caution.
Barnama
3 hours ago
- Barnama
Nurul Izzah Calls On Bangladesh Interim Government Chief
WORLD By Shakir Husain NEW DELHI, July 27 (Bernama) -- Parti Keadilan Rakyat (PKR) deputy president Nurul Izzah Anwar called on Bangladesh interim leader Muhammad Yunus in Dhaka on Sunday. Yunus, during the meeting, sought Malaysia's support for Bangladesh to join the Association of Southeast Asian Nations (ASEAN). "We want to become a part of ASEAN, and we will need your support," he told Nurul Izzah, according to a Bangladesh Sangbad Sangstha report. Bangladesh applied to become an ASEAN sectoral dialogue partner in 2020. Yunus also invited Malaysian companies to invest in Bangladesh's growing economy. "Asia is ageing rapidly, but Bangladesh has a lot of young people. Half of our population is under the age of 27. Set up your industries here and export from Bangladesh. It will help both our economies," he said. The interim government's chief advisor informed the PKR deputy chief about Bangladesh's political reforms following last year's uprising, which ended Sheikh Hasina's nearly 16-year rule. Nurul Izzah spoke at Dhaka University on Sunday at a conference marking the first anniversary of the July Revolution.
Barnama
5 hours ago
- Barnama
Tabung Pahlawan Campaign Has Raises RM2.18 Mln
ALOR GAJAH, July 27 (Bernama) -- The 2025 Tabung Pahlawan Campaign, launched in conjunction with Warriors' Day, has raised RM2.186 million as of July 24, reflecting the people's continued support towards the welfare of Malaysian Armed Forces (MAF) veterans. Deputy Defence Minister Adly Zahari said to widen outreach and simplify contributions, the ministry had also introduced a QR code donation campaign as an alternative, targeting a minimum of RM1 from every Malaysian. 'Malaysia has more than 34 million people, imagine if every person contributes at least RM1, the impact would be tremendous. 'That's why we've launched the QR code campaign, which is now widely circulated via social media and official government channels. We hope this will encourage more people to contribute,' he told Bernama after attending a high tea event with Melaka MAF veterans, in conjunction with the 2025 Warriors' Day celebration at Dataran Gangsa, here today. Also present were Veterans' Affairs Department (JHEV) director-general Maj Gen Datuk Semaon Marjuki and JHEV Melaka and Negeri Sembilan director, Major Muhammad Zarifi Tumin. Earlier at the event, 120 MAF veterans from Melaka, representing 22 associations, were celebrated. They were presented with contributions, including Cost of Living Aid, Higher Education Aid, Home Repair Assistance, and 'Bakul Rahmah' food baskets. At the same time, Adly said 151,000 MAF veterans had registered and were now using the Veteran Digital Card, which was introduced in September last year. 'With the digital card, veterans no longer need to carry a physical card as all their information is now accessible on their smartphones. So for those who haven't made the switch, we strongly encourage them to do so and to update their information. 'Although the physical card is still in use, the digital version offers easier access for members, especially to information on health, welfare, and other services,' he said.
