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SWITCH-Asia Malaysia Business Engagement Workshop on Circular Economy
Circular economy requires businesses to innovate and create new solutions and ecosystems. European Union supported SWITCH-ASIA programme recently organised a workshop to explore how to mobilise businesses to embark on circular economy solutions within the ASEAN region. Our CEO Soon HY participated in the event and it is nice to see young entrepreneur setting up material closed loop solutions in Malaysia, including rubber, glass and textile. Find out more here: https://www.switch-asia.eu/
GHG Inventory for Diversified Public Listed Group
Eco-Ideal Consulting Sdn. Bhd. has been appointed by a diversified conglomerate which is public listed on Bursa Malaysia to undertake its inaugural GHG Inventory to fulfil sustainability reporting requirement by 2025. The group's business include renewable energy, packaging, quarries, plantation as well as properties.
Climate-Related Risk Disclosure - Physical Risk Assessment
By 2025, public listed companies in Malaysia, including financial institutions will need to disclose their climate-related risk under the Taskforce for Climate-Related Financial Disclosure (TCFD). It is timely for corporate to start mapping out their assets against various physical risks due to climate change. In Malaysia, flooding would be the biggest physical risk and the first step would be to get your assets geo-coded and assessed their exposure to potential flooding impacts. Do contact Eco-Ideal Consulting Sdn Bhd should you want to know more.
First POME Biogas Group Project Registered in Malaysia under VERRA
On 21st of March, the much awaited palm oil mill biogas group project has finally been registered by one of the largest voluntary carbon standard - VERRA. The first project registered under the group project is the Cenergi's 1.5 MW Langkap Biogas Project and the carbon credit development was managed by Monsoon Carbon Pte Ltd based in Singapore. Eco-Ideal is pleased to provide technical support throughout the entire project documention, validation and registration processes. Congratulations!
Canadian Green Technologies for Malaysia
Eco-Ideal is pleased to be appointed to support the Team Canada Trade Mission to Malaysia in 2024. Eco-Ideal will assist to compile market report on the landscape as well as opportunities for canadian companies whom will be in Malaysia 25-29 March 2024. The contingent would be led by the honourable Minister of Trade Ms. Mary Ng from Canada. Our CEO Engr. Soon will be presenting and moderating at an event on 25th March 2024.
Technical Support in Carbon Monitoring for Major Bank in Malaysia
Eco-Ideal will continue to assist one of the top five banks in Malaysia to continue monitoring their carbon emissions and reduction action plans. This marks the fifth year Eco-Ideal has been providing supporting services especially in the area of technical quality assurance as well as quantification of low carbon initiatives implemented. Continuous monitoring and reporting is a crucial process to ensure carbon reduction targets will be achieved.
Asia Carbon Conference in May 2024
Our CEO Soon Hun Yang will be speaking at the upcoming Argus Asia Carbon Conference which would be held in Shangrila Hotel Kuala Lumpur in May 2024. He will be speaking on the subject of European Union's Carbon Border Adjustment Mechanism (CBAM) and it's impact as well opportunities on the affected industries such as Iron and Steel, Alumninium and Cement Industries in Malaysia. For more information: https://www.argusmedia.com/en/events/conferences/asia-carbon-conference
Carbon Border Adjustment Mechanism (CBAM) for European Imports
To avoid carbon leakages, the European Union is in progress to implement a carbon border adjustment mechanism (CBAM) to ensure all products imported to EU will be subjected to carbon tax based on the product carbon intensity. Currently, the reporting phase has started with affected companies initiating their greenhouse gases emission development. In 2026, the CBAM will be enforced with a phasing in approach and companies will be expected to pay full CBAM certificate price by 2035. Affected sectors for now include iron and steel, cement, hydrogen, energy and fertiliser producers. Should you want to learn more on this, please contact us!
Mapping Carbon Footprint of Oil and Gas Service Provider
In 2025, all public listed companies (PLCs) in Malaysia will be required by Bursa Malaysia to disclose their carbon (Greenhouse Gases) emissions. In line with this, many PLCs are starting the journey to map out their greenhouse gases emissions (or carbon footprint) before moving on to decarbonisation pathway. Eco-Ideal is pleased to be appointed by a major oil and gas player whom are providing various support services to oil and gas industries to develop their inaugural GHG inventory based on international GHG reporting standards. The activities will cover their global operations.
Can BioChar be Carbon Credit Potential?
Our CEO Soon Hun Yang and CTO Chen Saw Ling attended the Voluntary Carbon Market (VCM) Roundtable on Biochar organised by Bursa Malaysia's BCX team on 22 Feb 2024. The roundtable was attended by a wide range of stakeholders and the discussion on potential of biochar as a solution for biomass waste created a lot of interesting discussions and thoughts.
Wishing All Our Esteemed Clients and Associates Happy Chinese New Year!
Eco-Ideal Consulting Sdn Bhd will be taking a short break in conjunction to the celebration of the chinese lunar new year 2024. We would like to wish all our clients, associates, friends and families a joyful, blessed celebration. This year is the year of the "Wooden" Dragon - Hopeful it will be a good year for sustainability sector. Gong Xi Fatt Chai All!
GHG Inventory Support for Automotive and Tile Manufacturers
Eco-Ideal Consulting Sdn Bhd is working with a major automotive and tile manufacturer to develop their greenhouse gases emission as part of their decarbonisation journey. As part of the project, our team visited the factories and assessed the emission sources as well as potential emission reduction initiatives. A decarbonisation roadmap has been developed in close consultation with the group and hopefully we can help them to contribute to Malaysia's aspiration to reduce carbon emissions.
Tracking GHG Emissions for Palm Oil Conglomerate
2024.01.01 | GHG Inventory Support for Palm Oil Conglomerate Eco-Ideal Consulting Sdn Bhd will assist a major palm oil conglomerate to continue tracking their greenhouse gases emission for the third year as part of their decarbonisation journey. The scope will include charting their latest reporting year, including scope 1, 2 and selected sub-categories of scope 3. The GHG reporting is an essential part of the ESG reporting under the Bursa Malaysia's Sustainability Reporting Guidance requirement.
Eco-Ideal Consulting Sdn Bhd has been appointed by one of the largest coffee restaurant chains in Malaysia to undertake an assessment of their carbon footprint from the entire food and beverage operations throughout Malaysia and Singapore. The coverage will include different emission scopes and we are excited to help the group on their decarbonisation journey.
Capacity Building for Tabung Haji at Serian Sarawak
Eco-Ideal Consulting Sdn Bhd (with help from Mohammad Iskandar Majidi) recently completed a Climate Change Awareness and Reporting Guidance Session with Lembaga Tabung Haji's team at Serian, Sarawak. This marks the 3rd session of the series of capacity building programme to get their team ready for their journey in carbon reporting and decarbonisation.
High Level Sustainability Engagement with Bursa Malaysia
Eco-Ideal had the privilege to conduct an awareness session (with help of Pam Lee Wen Ai ) on greenhouse gases inventory as well as other climate related reporting such as TCFD, IFRS with the board of directors, senior management of Bursa Malaysia. It was indeed an engaging session with a lots of interesting exchanges. Looking forward to more of such engagement in the future.
Recycling of Inert Waste in Cement Industries
Disposal of inert waste to landfill is not a sustainable solution as it will require indefinite landfill spaces. As recycling technologies emerge around the world, potential of recycling different waste type is also increasing. Eco-Ideal was recently appointed by a global player in aviation industries to assess the recycling potential of one of the waste streams into a potential input material for cement industries. Apart from saving landfill spaces, it will potentially replaces fossil based fuel or raw material so overall a more sustainable waste management practice.
Energy Performance Evaluation for New Office
Corporates around Malaysia are all stepping up on decarbonization efforts and the best narrative is to start with their own operations. Eco-Ideal is pleased to work with a multi-national company to evaluate the relocation options to reduce the overall operational carbon footprint of the headquarter which is currently located in a very old building which is not efficient in energy consumption. We reviewed and estimated the energy performance and carbon footprint per floor space of a few office building options and also developed a roadmap towards operational carbon neutral by year 2030.
Climate Risk Talk On Palm Oil Sector
Our CEO Engr. Soon Hun Yang was invited as the guest speaker by a major palm oil player in Malaysia - TSH Resources Berhad to share some thoughts on the impact of climate change to palm oil sector. The virtual talk was attended by more than 250 participants. The engagement is to aimed to increase the awareness of the participants and encourage all stakeholders within the group to contribute to the journey to mitigate and adapt to climate change.
Reforestration Site Suitability and Technical Analysis
Eco-Ideal was recently appointed by an international nature-based solution developer to conduct a site assessment on a potential restoration of an agricultural land back to natural forest. The technical assessments include assessing hydrological aspects as well as suitability of soil for reforestration. Our team of experts took necessary site data as well as soil analysis and ultimately came up with a proposed planting strategy for different zones of the land. The recommendations also include the types of tree species suitable to the local conditions. Should you have similar requirement, feel free to contact us!
Carbon Credit Monitoring and Issuance Assessment
Eco-Ideal Consulting Sdn Bhd is recently appointed to assess the monitoring records of a registered POME biogas carbon credit project in the interest of undertaking a retrospective claim for this project. Monitoring, Reporting and Verification (MRV) are critical steps towards the success of carbon credit issuance and it is pertinent to have all data and records documented.
Xi-An Retreat for Eco-Ideal
Eco-Ideal Consulting Sdn Bhd believes in the principle of “Work Hard, Play Hard”. This year the company had a retreat in Xi'an, China. Xi’An is a famous historical city which was the capital for 13 dynasties before. We visited the Muslim Quarter, Terracotta Warriors and Horses Museum, Huaqing Palace, Huashan Mountain, Ancient City Wall, Daci'en Temple, Giant Wild Goose Pagoda, and Datang Everbright City. Also, we were fortunate enough to catch the Performance of The Resurrection Legion in Daqing Theater. This 5-day vacation provided culturally rich experiences and strengthened the bonds of the Eco-Ideal Consulting team.
Quality Assurance of Greenhouse Gas Inventory for Diversified Conglomerate in Malaysia
Eco-Ideal Consulting Sdn Bhd is pleased to be appointed by a public listed conglomerate in Malaysia to perform a quality assurance on their greenhouse gas inventory for their business in Malaysia as well as their regional operations. Their businesses include oil palm, properties, automotive, building material and so on.
Improved Forest Management Carbon Credit Feasibility in Maluku Indonesia
Eco-Ideal Consulting Sdn Bhd recently completed a site assessment visit to some remote forest area located in Maluku Province of Indonesia. The site visit is part of a feasibility study commissioned by a carbon developer to assess the potential and feasibility of developing a nature based carbon project.
20th Anniversary Birthday Bash
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Eco-Ideal Consulting Sdn Bhd celebrated its 20th birthday with a successful gala dinner with existing staff and alumni on the 14th October 2023 at Skylounge Nu Sentral. The night was filled with emotions, joy and laughter over the memories of 20 years in business. Long services awards, staff appreciation and lucky draws were some of the key highlights of the night.
Voluntary Carbon Market Directory Registration
Eco-Ideal Consulting Sdn Bhd is proud to be listed under the Voluntary Carbon Market (VCM) Directory by the Malaysian Green Technology Corporation (MGTC). Do contact us if you need any assistance in carbon advisory e.g. GHG inventory, Carbon Offsets/Credits. https://lnkd.in/gGMxrxs7
Independent Verification on Nature Based Project
Eco-Ideal has recently been appointed by a public listed company in Malaysia to conduct an independent audit on their nature based project which is aimed to offset their carbon emissions. Such independent assessment and verification improves credibility and transparency of voluntary offset programme.
Appointment of New Directors and Chief Operating Officer
Eco-Ideal is pleased to announce the additions of Ms. Chen Saw Ling and Ms. Chang Siaw Yen as new directors whom have joined the board of directors from 1st September 2023. In addition, Ms. Chang Siaw Yen has also assumed the position of Chief Operating Officer (COO) from the 1st September 2023.
Rethinking EPR from Circular Economy Perspective
Eco-Ideal contributed to the publication of a special report on Extended Producer Responsibilities (EPR) for SWITCH ASIA Programme funded by the European Union. Our CEO Soon Hun Yang and manager Choong Lik Wei were involved as national experts for Malaysia for this project. The report can be found here: https://www.switch-asia.eu/resource/rethinking-extended-producer-responsibility-from-the-circular-economy-perspective/
GHG Inventory Assurance and Carbon Reduction Roadmap
Eco-Ideal has been appointed by a public listed company specialising in sustainable energy businesses in Malaysia to conduct quality assurance on their greenhouse gases inventory as well as to formulate a carbon reduction strategies and roadmap towards a reduction target by 2030.
Our CEO Engr. Soon Hun Yang will be speaking at the upcoming Biogas Roundtable 2.0 event hosted by Bursa Malaysia. This roundtable will be part of the emPOC conference which will attract investors, experts from all over the globe to the city of Kuching, Sarawak from 3-5 September 2023. Soon will be sharing the potential of carbon credits within the area of palm oil sector. Find out more here: https://em.pocmalaysia.com/programme/
2023.08.19 |
Eco-Ideal is pleased to be appointed by a multinational company involved in iron and steel to chart its carbon footprint and subsequently look at ways to reduce their emissions. We see high potential impact to start emissions reduction with energy intensive industries as one of the pathways in meeting NDC’s target! One such facility consumes electricity enough to supply more than 1 million residents! In this sense, tacking the reduction in one facility is equivalent to tacking emissions from all the residential consumption in a city! If you are interested to conduct GHG Inventory and Emissions Reduction for your business, do contact us!
2023.08.05 |
Our CEO, Eng. Soon Hun Yang will be presenting the city-level greenhouse gas inventory in the Smart City Workshop organised by Penang Development Council on 7 August 2023. Please feel free to contact us if you would like to know more about our services on city-level greenhouse gas inventory/reporting.
Physical (Flood) Risk Mapping and Assessment
2023.08.03 |
Eco-Ideal has been appointed to assist a major bank in Malaysia to map out their physical risk as a result of climate change. The initial phase will be focused on flooding and such mapping and disclosure will be done to align with the Taskforce for Climate Related Financial Disclosure (TCFD) as required by Bank Negara and Bursa Malaysia.
2023.07.13 |
Eco-Ideal has been appointed to conduct a post mangrove re-planting verification exercise for a major bank in Malaysia. We used multiple approaches to ascertain the number of saplings planted. The approaches include field counting, survival rates, existing diameter of the saplings and so on. Both physical counting as well as the use of drone were carried out.
2023.07.03 |
Eco-Ideal has been appointed to assist a major palm oil biogas player in Malaysia to develop the necessary documentation for registration of a palm oil mill effluent biogas project with Verified Carbon Standard (VCS) under VERRA. The support will include determination of baseline, wastewater sampling, project document preparation and validation support services.
2023.06.21 |
Bursa Malaysia and Malaysia Green Technology and Climate Change Corporation (MGTC) organized a stakeholder workshop to obtain feedback and inputs to an on-going handbook which would be launched later part of this year. Our CEO Engr. Soon Hun Yang is part of the team to develop the handbook and he shared the proposed content of some chapters as well as his experiences in developing carbon credit projects in Malaysia at the workshop.