Sustainability

While Malaysia is positioning itself as ASEAN’s leading data center hub, Hong Leong Investment Bank Research said it must balance attracting investors with enforcing credible sustainability standards.

Sustainability started out as part of corporate responsibility, often linked to community projects or environmental pledges. Now it has become a core part of business growth, as it shapes how companies plan, invest, and compete. 

Petroliam Nasional Berhad (Petronas), a Malaysian oil and gas company, has successfully delivered Malaysia’s first blended sustainable aviation fuel (SAF) to KL International Airport (KLIA) for the Malaysia Aviation Group (MAG), establishing its in-house capability and readiness to provide continuous, scalable supply in Malaysia.

While it may seem like climate risk is a concern for countries and their governments near and far, communities and those that live in them, the risk climate change poses to investors and businesses is all too often overlooked – it is not a question of "if," but a question of "when.'

Twenty commercial banks, collectively managing more than $5.6 trillion in assets, have joined the Alliance for Green Commercial Banks, an initiative of International Finance Corporation (IFC), a member of the World Bank Group.

Princeton Digital Group (PDG), the Singapore-based data center provider, announced Wednesday a strategic partnership with oil and gas firm Pertamina Patra Niaga to roll out hydrotreated vegetable oil (HVO) as a replacement for diesel fuel across its Indonesian operations.

The Monetary Authority of Singapore (MAS) announced Monday hat the Green Investments Partnership (GIP), a blended finance partnership under Singapore’s Financing Asia’s Transition Partnership (FAST-P) initiative, has achieved its first close with $510 million of committed capital from global and regional private, public and philanthropic institutions.

Ayala Land, Inc. (ALI) has secured PHP 12.87 billion ($225 million equivalent) from the International Finance Corporation (IFC) to advance green buildings in the Philippines.

As the construction sector continues to evolve in response to digitalization, decarbonization, and demographic shifts, energy resilience is emerging as a competitive differentiator. Projects that can secure reliable, sustainable power will move faster, operate more efficiently, and deliver greater long-term value.

Waterhub, an Indonesian startup providing clean, affordable drinking water through filtration systems, has secured an undisclosed amount in funding to scale its operations across Indonesia.