MDEC Signs Pact with UNGCMYB

The digital economy is expected to grow exponentially as the world becomes increasingly digitised. This growth presents both opportunities and challenges for sustainability and climate action. On the one hand, the digital economy can help to improve resource efficiency and reduce emissions by enabling businesses to operate more efficiently. 

Futhermore, the increased use of digital technologies can also potentially increase emissions if not appropriately managed. 

With this in mind, the Malaysia Digital Economy Corporation (MDEC), Malaysia’s lead digital economy agency, signed a Memorandum of Understanding (MoU) with UN Global Compact Network Malaysia & Brunei (UNGCMYB) to further raise awareness, build capacity and increase adoption of sustainability and climate action across the digital economy in Malaysia. 

The UNGCMYB is the official local network of the United Nations Global Compact (UNGC), which aims to mobilise a global movement of sustainable companies and stakeholders.