The European Union (EU) has implemented the Carbon Border Adjustment Mechanism (CBAM) to address the issue of carbon leakage and ensure fair competition for EU producers. While the EU’s Emissions Trading System (ETS) has been successful in reducing greenhouse gas (GHG) emissions, the unintended consequence of carbon-intensive activities shifting outside the EU poses challenges to global emission reduction efforts.
Read more
Malaysia’s country-specific GHG Emission Factors
According to Bank Negara Malaysia (BNM), Malaysia is planning to create its own greenhouse gas (GHG) emission factors* tailored to the country’s key sectors. The purpose of this initiative is to support the implementation of a carbon price framework.
Read more
Ecovadis: Sustainability Assessment
Ecovadis is a global leader in sustainability ratings and assessments, providing businesses with a comprehensive evaluation of their environmental, social, and governance (ESG) performance. The company’s assessment methodology is based on a holistic approach that evaluates companies across 21 sustainability criteria, grouped into four themes: Environment, Labor & Human Rights, Ethics, and Sustainable Procurement.
Read more