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NEWS UPDATES 6 August 2009

Shell urges Malaysia to prepare for low carbon era

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Malaysia needs to do more to embrace “green” technology or risk losing out when fossil fuels become obsolete, Malaysia’s StarBiz quoted Shell Malaysia chairman Saw Choo Boon as saying.

“The fossil fuel-led industrial era will come to an end and the low carbon era is coming. Malaysia’s future is dependent on how robust we can be in a low carbon era,” he said at the Sustainable Business Roundtable themed Is the Green Economy Coming? Wednesday.

Saw, one of the panellists, also said there should be more training programmes for potential employees within the (green) industry. “Going green is about new technology and a different type of employee is necessary to work in a green economy,” he said, adding that technology-based companies should also look into researching new, more efficient, renewable energy.

The forum was jointly organised by the Association of Chartered Certified Accountants (ACCA), Business Council for Sustainable Development Malaysia, Shell Malaysia and The Edge Business Weekly.

One of the participants, Standard Chartered Bank Malaysia chief executive officer Julian Wynter said companies that adopted green or sustainability practices were perceived as good employment choices and usually hired the best talents.

“Companies that promote such practices also tend to progress much faster,” he said, adding that there was a lack of awareness among Malaysians on what going green meant.


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