KUALA LUMPUR, July 27 (Bernama) -- UMW Holdings Berhad’s (“UMW”) commitment to environmental and social sustainability has received recognition at the Sustainability & CSR Malaysia Awards 2023. The event is organised by ‘CSR Malaysia’ under the auspices of Pertubuhan Amal Tanggungjawab Kemapanan dan Korporat Malaysia. The Sustainability & CSR Malaysia Awards 2023 is the 8th edition of the event, and is supported by the Ministry of Women, Family & Community Development. The event was graced by YB Dato' Sri Hajah Nancy Shukri, Minister for Women, Family & Community Development.
UMW was honoured as Company of the Year for Overall Excellence in Sustainability Stewardship under the Multi-Industry Company category. This award acknowledges and celebrates the Group’s efforts and initiatives that have contributed significantly to promoting and implementing sustainable practices and environmental responsibility.
At the same event, UMW Holdings Berhad President and Group CEO, Dato’ Ahmad Fuaad Kenali was selected as the inaugural recipient of the Personality of The Year - ESG Champion Award.
Dato’ Ahmad Fuaad Kenali said, “We are humbled by these recognitions as they are testaments to our unwavering efforts to integrate sustainability into our business strategies and operations. This is in line with the accelerated reach for conscious consumerism, the basis of the Environmental, Social and Governance (“ESG”) framework. ESG concerns are becoming more significant to investors as a metric. Non-financial factors incorporating environmental impact and the organisation's social impact on staff, customers and the community are imperative as a mark of business credibility and sustainability.”
“To cultivate more sustainable efforts, UMW is accelerating the implementation of the Group’s Sustainability Roadmap as part of our CREST@UMW strategic transformation framework. The roadmap represents our commitment and action plans towards achieving carbon neutrality by 2050 while at the same time, underscores our commitment to drive efforts in creating a positive social impact,” he added.
UMW continues to champion sustainability in various aspects of its operations. From reducing its carbon footprint through energy-efficient practices to introducing eco-friendly products, the Group strives to be at the forefront of sustainable innovation. Moreover, UMW has actively engaged with the local communities to raise awareness and support initiatives that promote environmental protection and social responsibility through programs such as UMW Green Shoots Initiative with a target to plant 300,000 mangrove trees by the end of 2023.
As UMW moves forward, it remains dedicated to creating innovative and impactful solutions that promote sustainability and foster positive changes. The Group pledges to build on its achievements and collaborate with like-minded partners to address the pressing environmental challenges of our time.
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