The Malaysia Digital Climate Action Pledge (MDCAP) is a new corporate commitment that seeks to increase the adoption of sustainable, climate-positive practices by businesses within the digital economy.
This initiative helps reduce the collective ecological impact in this sector and fosters a stronger sense of moral responsibility as organisations become better stewards of their technology and data.
Helping business practice sustainability through the lens of digital technologies, MDCAP offers a valuable opportunity to build resilient capacity across industries and make climate action more achievable in Malaysia.
This endeavour was made possible through the efforts of the Malaysia Digital Economy Corporation (MDEC) and UN Global Compact Network Malaysia & Brunei (UNGCMYB). By joining forces, both organisations are making significant contributions to the advancement of sustainable development goals in this region. MDCAP provides companies with clear guidelines on ethical behaviour, compliance with local laws, transparency, improved governance structures and other methods to help them create lasting value for society.
It assists companies in becoming responsible business actors while expanding their reach and supporting economic growth.
Indeed a breakthrough moment for the digital economy sector – 28 pioneering businesses have become MDCAP Signatories. As part of this exciting initiative, these organisations will receive access to powerful resources designed to equip them with the necessary tools and guidance to create meaningful programmes that promote climate action.
Faroze Nadar, Executive Director of UNGCMYB, added: “The digital economy will be the heart of global development moving forward; hence it will play an outsize role in ensuring sustainable development. With this partnership with MDEC, we aspire that the Malaysian digital economy ecosystem will be a key catalyst for sustainable nation-building and as a global contributor to achieving the SDGs.”
Other programmes under MDCAP include Sustainability e-Learning, co-developed by UNGCMYB and Taylor’s University, which will also be offered to the first 75 SMEs taking the Pledge at a subsidised rate.
