Kuala lumpur: Malaysia must leverage digitalisation to enhance data transparency in environmental, social, and governance (ESG) reporting, strengthen governance mechanisms to boost investor confidence, and invest in human capital for a workforce equipped for tomorrow’s energy technologies. Deputy Energy Transition and Water Transformation Minister Akmal Nasrullah Mohd Nasir emphasized this perspective at the ESG and Sustainability Conference 2025.
According to BERNAMA News Agency, Akmal Nasrullah stated that the ESG transition is not merely an environmental agenda but an economic redefinition that will determine Malaysia’s competitive position in the global marketplace. He highlighted that Malaysia’s next significant step involves aligning national transformation with global opportunities, necessitating collaboration among policymakers, regulators, financiers, and industry players.
Akmal Nasrullah explained that the country’s strategy should be grounded in understanding the ‘energy trilemma’, which involves balancing energy security, affordability, and sustainability. This balance is crucial for Malaysia’s energy transition strategy, and its equilibrium will determine the credibility and durability of the country’s progress.
Through the National Energy Transition Roadmap, Malaysia aims to achieve seventy percent renewable energy in its installed capacity by 2050. This target is part of a transformation blueprint that harmonizes energy security, affordability, and sustainability, forming the foundation of the energy trilemma.
Meanwhile, Kevin Lee, the group head of sustainability at CGS International Singapore, noted that the conference explored five crucial areas shaping the collective future. These areas include green energy and nuclear opportunities, carbon tax, equality, cybersecurity, and water, as Malaysia considers nuclear power as part of its clean energy transition.
The ESG and Sustainability Conference 2025, hosted by CGS International Securities Malaysia Sdn Bhd, gathered policymakers, industry leaders, and sustainability experts to discuss action plans to accelerate Malaysia’s transition towards a net-zero economy by 2050. The event also marked the official launch of the Thematic Report on Nuclear for Malaysia’s Energy Transition, developed in collaboration with Panmure Liberum, a United Kingdom-based investment bank.
In a separate statement, CGS International mentioned that the thematic report examines the potential role of nuclear energy in Malaysia’s long-term energy transition, security, and climate strategy.