Latest news with #SECGroup
Rakyat Post
15-05-2025
- Business
- Rakyat Post
Sabah Energy Corporation Launches Inaugural ESG Forum to Drive Sustainable Transformation
Subscribe to our FREE Sabah Energy Corporation Sdn Bhd (SEC) today successfully convened its inaugural Environmental, Social, and Governance (ESG) Forum 2025 under the theme 'From Intention to Impact: Building a Fit-for-Purpose ESG Future' at Menara SEC, one of Kota Kinabalu's latest office landmarks. The event brought together over 100 delegates from State agencies, GLCs, financial institutions, and sustainability practitioners, with the aim of fostering collaboration and accelerating ESG adoption across Sabah's energy sector and beyond. In his opening remarks, SEC Group Chief Executive Officer, Datuk Adzmir Abd Rahman welcomed guests to Menara SEC, describing it as the corporation's new home and a symbol of progress. Datuk Adzmir also highlighted SEC's duty to pursue responsible and forward-looking energy development that balances environmental responsibility, economic growth and community well-being. As part of its broader ESG commitments, Datuk Adzmir also announced the launch of an annual Corporate Charity Run, aimed at promoting community health and social impact. The initiative reflects SEC's ongoing effort to enhance community well-being through inclusive, purpose-driven engagement beyond the corporate sphere. The forum was officiated by SEC Group Chairman, YB Datuk Annuar Ayub, who in his address emphasized the importance of ESG not just as a reporting tool but as a strategic lever for long-term competitiveness and resilience. He lauded the forum as a defining step in embedding sustainability as a shared value across Sabah's institutional ecosystem. Datuk Annuar reaffirmed SEC's commitment to institutionalising ESG best practices through a 12-week exercise via a roadmap towards a fit- for-purpose, Sukuk-ready Sustainable Finance Framework. The afternoon session saw Maybank facilitating a deep-dive with SEC' s leaders to enhance its identified ESG ambition and framework components in line with sustainability standards. Maybank Investment Bank Berhad has been appointed as SEC's Sole Principal Adviser, Lead Arranger, and Lead Manager for the establishment of its inaugural Sukuk Programme, and as the Sustainability Structuring Adviser for its Sustainable Finance Framework. Michael Oh-Lau, Chief Executive Officer of Maybank Investment Bank said 'Sabah is at an inflection point in its renewable energy journey, with untapped potential in solar, bioenergy and geothermal. Maybank as a regional leader in Islamic debt capital markets and sustainable finance is partnering with SEC to establish a Shariah-compliant, sustainability-ready funding platform to support its energy transition efforts and direct capital towards developing the state's energy resources'. The event also featured high-impact presentations from En. Wan Sayuti of PETRONAS and En. Nazim Noor, Director of ESG Strategy & Solutions of Group Global Banking from Maybank on national ESG imperatives and unlocking Sabah's potential. This was followed by a dynamic panel session with insights from AGV Environment, Maybank Investment Bank, Ms. Valerie Ng, Head of Sustainable Finance, and SEC's ESG initiators. This Forum is envisioned as a signature platform to mainstream ESG leadership within Sabah, marking SEC's bold step to connect sustainability ambitions with actionable outcomes. Share your thoughts with us via TRP's . Get more stories like this to your inbox by signing up for our newsletter.
Daily Express
14-05-2025
- Business
- Daily Express
100 attend forum at the Sabah Energy Corporation headquarters
Published on: Wednesday, May 14, 2025 Published on: Wed, May 14, 2025 Text Size: Annuar (centre) witnessing the document exchange between Adzmir (left) and Michael. Kota Kinabalu: Some 100 people attended the Environmental, Social and Governance (ESG) Forum hosted by Sabah Energy Corporation (SEC) for the first time at their new headquarters, Menara SEC, on Monday. The event, themed 'From Intention to Impact: Building a Fit-for-Purpose ESG Future,' attracted the representatives from government agencies, state-owned companies, banks and sustainability experts. The forum aimed to encourage collaboration and speed up ESG adoption across Sabah's energy sector and other industries. SEC Group Chief Executive Officer Datuk Adzmir Abd Rahman welcomed participants to the corporation's new headquarters, describing it as a symbol of progress. He pointed out SEC's responsibility to develop energy solutions that balance environmental protection with economic growth and community welfare. During the event, Adzmir also announced the launch of an annual Corporate Charity Run to promote community health and social impact. SEC Group Chairman Datuk Annuar Ayub, who officially opened the forum, pointed out ESG principles are not just for reporting purposes but serve as strategic tools for long-term business success and resilience. 'This forum represents a defining step in making sustainability a shared value across Sabah's institutional landscape,' said Annuar. He also revealed that SEC is working on a 12-week plan to develop a Sustainable Finance Framework that will meet Sukuk (Islamic bond) requirements. Maybank Investment Bank has been selected as SEC's exclusive adviser and manager for its upcoming Sukuk Programme, as well as the sustainability structuring adviser for its framework. 'Sabah has untapped potential in renewable energy, including solar, bioenergy and geothermal resources,' said Maybank Investment Bank Chief Executive Officer Michael Oh-Lau. 'We are partnering with SEC to establish a Shariah-compliant, sustainability-focused funding platform to support its energy transition efforts and direct investment toward developing the State's energy resources,' he said. The event featured presentations from Petronas and Maybank representatives on national ESG priorities and opportunities in Sabah, followed by a panel discussion with industry experts. SEC intends for this forum to become a regular platform for promoting ESG leadership within Sabah, connecting sustainability goals with practical outcomes. * Follow us on Instagram and join our Telegram and/or WhatsApp channel(s) for the latest news you don't want to miss. * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
