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UEM Sunrise Pens MoU with Petronas Subsidiaries To Explore Opportunities In Adoption Of Renewable And Green Energy

September 23, 2022
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UEM Sunrise Pens MoU with Petronas Subsidiaries To Explore Opportunities In Adoption Of Renewable And Green Energy
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A file picture of UEM Dawn Pens MoU with Petronas Subsidiaries In the direction of a Shared Sustainability Agenda

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UEM Dawn Berhad, one among Malaysia’s main property builders, has inked two Memoranda of Understanding with Petroliam Nasional Berhad (PETRONAS)’s wholly-owned subsidiaries, PETRONAS International Technical Options Sdn Bhd (PGTSSB) and Gentari Sdn Bhd respectively to discover alternatives for collaboration within the adoption of renewable, inexperienced power and mobility in addition to forming clever, sustainable cities for the longer term.

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UEM Dawn and PETRONAS are shifting in the direction of a mutual purpose of attaining web zero carbon emissions by 2050; by leveraging one another’s applied sciences, experience and assets to speed up the adoption of renewable power, inexperienced mobility, and sensible sustainable cities within the quick, medium and long run. As well as, the partnership aligns with one of many United Nations Sustainable Improvement Objectives 2030 (UNSDG), significantly purpose quantity 17, “Partnership for the Objectives”.

The collaboration may even embrace incorporating current and new sustainable options inside UEM Dawn developments, with the Firm being the primary property developer to accomplice with the 2 PETRONAS subsidiaries.

“We’re excited to work alongside like-minded entities similar to PGTSSB and GENTARI in the direction of a shared purpose of attaining Carbon Neutrality by 2050. With our strategic partnership, I’m assured that we’re on course towards our objectives. This might be a begin to a mutually helpful partnership that may convey long-term sustainable worth for the communities we serve,” stated UEM Dawn Chief Govt Officer Sufian Abdullah.

Within the speedy time period, the collaboration with GENTARI will discover the introduction of low-carbon options, particularly EV charging factors and an electrical forecourt at UEM Dawn services, in addition to photo voltaic farms at UEM Dawn lands.

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Whereas in the long run, the MoU with PGTSSB will discover low carbon and nature-based options similar to:

  • Good Inexperienced Vitality Options and Renewable Vitality – Implementing sensible, clear power options that may deal with local weather change points in levels.
  • Round Financial system – Implementing full-cycle useful resource administration by growing recycling capability and embodying the zero-waste idea.
  • Sustainable technical and know-how resolution – Implementing new hi-tech growth options which are resilient, environmentally, and user-friendly will create optimistic social change in the neighborhood.

General, the collective effort is predicted to profit the respective companies’ sustainability objectives and propel Malaysia into turning into a web zero nation by 2050.

Representing GENTARI, PETRONAS’ Head of Clear Vitality Options Transition, Shahrizal Yang Razalli stated, “The transition in the direction of cleaner power gives important alternatives in Malaysia. Collaborating with a accomplice equally captivated with this transition similar to UEM Dawn will assist GENTARI to advance our built-in efforts in driving the swap in the direction of sustainable mobility and adoption of renewable power. With this collaboration, GENTARI continues to reside as much as our goal of fixing the world’s most urgent sustainable power wants, offering options that may change how we reside at the moment for a greater future.”

PGTSSB Chief Govt Officer Annaliz Abu Bakar added, PGTSSB is happy to enter into this strategic collaboration as we develop our experience past the power trade. We’re assured that the synergy will proceed to develop by means of each corporations’ contact factors, to profit extra stakeholders as Malaysia strikes in the direction of being a carbon-neutral nation by 2050.” 

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The collaboration is an integral a part of UEM Dawn’s steady sustainability ambition based mostly on its Sustainability Blueprint 1.0, which focuses on key elements of Environmental, Social and Governance (ESG) by outlining a step-by-step strategy towards a low carbon future by 2030, Ambition Zero by 2040 and Carbon Neutrality by 2050.

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