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From "Climate Nutter" to Climate Pioneer

I recently had the privilege of interviewing Ru Hartwell, founder of the Climate Shop Initiative, environmental campaigner and one of the United Kingdoms early pioneers of community led carbon drawdown through reforestation.


For more than five decades, Ru has promoted practical climate action through tree planting, circular economy initiatives and community engagement. He founded Treeflights, one of the United Kingdoms earliest voluntary carbon drawdown initiatives linked to air travel, established Carbon Link, and built partnerships that have supported large scale reforestation in Kenya. His work has also received national recognition, including collaboration with Arsenal Football Club through the award winning Arsenal Forest project.


Our discussion explored several important themes that remain highly relevant for organisations today:


  • Why emission reduction must always come before carbon offsetting.

  • Why reuse delivers greater environmental value than recycling alone.

  • How transparency and evidence are essential to avoid greenwashing.


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Be Part of Malaysia’s Growing ESG Community

As sustainability, governance, and responsible business practices continue to shape Malaysia’s future, strong collaboration and credible platforms matter more than ever.


ESG Malaysia invites professionals, practitioners, academics, and organisations to register or renew your membership and be part of a growing community committed to advancing ESG thought leadership, capacity building, and real-world impact.


🔹 Stay connected with Malaysia’s ESG ecosystem

🔹 Participate in forums, working groups, and events

🔹 Contribute to research, policy dialogue, and industry engagement

🔹 Collaborate across sectors to drive meaningful change


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Morning all, I’m RAYNER OON—your friendly neighborhood compliance advisor.

I specialize in turning greenhouse gas inventories into bedtime stories

and have been known to recycle jokes just to stay compliant with NSRF standards.

My hobbies include calculating the carbon footprint of my lunch

and offsetting it with Excel formulas.


In short, I’m here to save the planet one spreadsheet at a time—


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When a company borrows money to build a cleaner steel furnace, the bank will set rules, These rules are not just about paying back the loan, they also make sure the company follows through on its environmental commitments. Without these rules, the company might say it is "green" but not actually change.


Do you think banks in Malaysia should always put these rules in place when giving loans for big projects?


Has anyone here gone through this kind of process with banks before? What was your experience?

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Unknown member
Jan 26

Hi Poh,


This is an interesting observation and reflects how sustainable finance is evolving across many jurisdictions. From practical exposure it is common for lenders to focus first on credit fundamentals while environmental commitments are addressed through additional conditions. Where these conditions are clearly framed and monitored over time they can help support follow through rather than reliance on stated intentions alone.


At the same time implementation differs widely depending on the transaction structure and the maturity of both lender and borrower. In practice outcomes tend to be stronger where expectations are translated into measurable indicators and periodic reporting rather than broad statements. It would be useful to hear how others in Malaysia have experienced this process and whether such approaches have been workable in real financing arrangements.

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Financing an Electric Arc Furnace: Why Covenants Matter

A RM200 million electric arc furnace is more than just a balance sheet asset — it’s a test of how well financing structures can balance risk and sustainability. EAFs cut emissions by up to 80% and position steelmakers for the low‑carbon transition, but banks face exposure to scrap supply volatility, price swings, and regulatory scrutiny under CCPT. That’s why covenants on debt ratios, cash flow coverage, supply contracts, and emissions reporting are critical. Done right, they turn a risky loan into a sustainable partnership that protects both lenders and steelmakers in the ESG era.


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