The Centre For Sustainability Intelligence (CSI) Sdn. Bhd., a digitally-led, sustainability-enabled business organisation has inked a memorandum of understanding (MoU) with the National Tech Association of Malaysia (PIKOM), the association representing the Malaysian information and communications technology (ICT) industry.
The strategic partnership is part of PIKOM’s efforts to amplify its commitment to Environmental, Social and Governance (ESG) sustainability as well as solidify and streamline ESG goals to deliver on PIKOM’s long standing compliance adherence to being a responsible and environmentally-conscious business.
CSI will leverage its expertise, experience and total sustainability solutions to empower PIKOM in achieving its sustainability goals in tandem with the nation’s sustainable development agenda.
Aida Lim, Chief Executive Officer of CSI, said: “Our aim at CSI is not just to set companies on a path towards sustainability but to also help them keep according to plan so that they meet their goals and create a long-term positive impact on the environment. Through our proprietary digital platform and our three-pronged approach that includes strategic, tactical and operational propositions, we elevate green decision-making for businesses using granular analytics captured from their value chains.”
CSI will also utilise its proprietary digital platform to assess ESG standards of PIKOM’S supply chain, recommend training initiatives and monitor supply chain ESG standards over time. The tool will provide PIKOM with enterprise-wide ESG reporting and monitoring capability while enabling PIKOM’s members to access sustainability and ESG intelligence as well as prevalent market insights.
The partnership will also see sustainability conferences and events co-organised by CSI and PIKOM to cultivate awareness and inculcate the ESG sustainability agenda amongst PIKOM’s members and the larger ICT community.
The MoU exchange was held during the World Congress on Innovation and Technology (WCIT) 2022 closing ceremony on 15 September 2022 in the Setia SPICE Convention Centre, Pulau Pinang where the documents were exchanged between Aida Lim, Chief Executive Officer of CSI and Dr. Sean Seah, Chairman of PIKOM and Ong Chin Seong, PIKOM Deputy Chairman. The exchange was witnessed by Penang Chief Minister the Right Honourable Chow Kon Yeow.
“Our partnership with PIKOM will set them in motion to achieve their sustainability goals by identifying their ESG issues and support them on their transition to a net zero carbon company that practices a circular economy. What is most compelling about our partnership is that we are coming together to actively mitigate climate change through the co-organisation of events and deployment of programmes around sustainability to generate awareness of ESG amongst the local ICT community. We laud PIKOM for pledging their strong commitment to sustainability and ESG”, Lim continued.