Latest news with #AdzmirAbdRahman
Rakyat Post
15-05-2025
- Business
- Rakyat Post
Sabah Energy Corporation Launches Inaugural ESG Forum to Drive Sustainable Transformation
Subscribe to our FREE Sabah Energy Corporation Sdn Bhd (SEC) today successfully convened its inaugural Environmental, Social, and Governance (ESG) Forum 2025 under the theme 'From Intention to Impact: Building a Fit-for-Purpose ESG Future' at Menara SEC, one of Kota Kinabalu's latest office landmarks. The event brought together over 100 delegates from State agencies, GLCs, financial institutions, and sustainability practitioners, with the aim of fostering collaboration and accelerating ESG adoption across Sabah's energy sector and beyond. In his opening remarks, SEC Group Chief Executive Officer, Datuk Adzmir Abd Rahman welcomed guests to Menara SEC, describing it as the corporation's new home and a symbol of progress. Datuk Adzmir also highlighted SEC's duty to pursue responsible and forward-looking energy development that balances environmental responsibility, economic growth and community well-being. As part of its broader ESG commitments, Datuk Adzmir also announced the launch of an annual Corporate Charity Run, aimed at promoting community health and social impact. The initiative reflects SEC's ongoing effort to enhance community well-being through inclusive, purpose-driven engagement beyond the corporate sphere. The forum was officiated by SEC Group Chairman, YB Datuk Annuar Ayub, who in his address emphasized the importance of ESG not just as a reporting tool but as a strategic lever for long-term competitiveness and resilience. He lauded the forum as a defining step in embedding sustainability as a shared value across Sabah's institutional ecosystem. Datuk Annuar reaffirmed SEC's commitment to institutionalising ESG best practices through a 12-week exercise via a roadmap towards a fit- for-purpose, Sukuk-ready Sustainable Finance Framework. The afternoon session saw Maybank facilitating a deep-dive with SEC' s leaders to enhance its identified ESG ambition and framework components in line with sustainability standards. Maybank Investment Bank Berhad has been appointed as SEC's Sole Principal Adviser, Lead Arranger, and Lead Manager for the establishment of its inaugural Sukuk Programme, and as the Sustainability Structuring Adviser for its Sustainable Finance Framework. Michael Oh-Lau, Chief Executive Officer of Maybank Investment Bank said 'Sabah is at an inflection point in its renewable energy journey, with untapped potential in solar, bioenergy and geothermal. Maybank as a regional leader in Islamic debt capital markets and sustainable finance is partnering with SEC to establish a Shariah-compliant, sustainability-ready funding platform to support its energy transition efforts and direct capital towards developing the state's energy resources'. The event also featured high-impact presentations from En. Wan Sayuti of PETRONAS and En. Nazim Noor, Director of ESG Strategy & Solutions of Group Global Banking from Maybank on national ESG imperatives and unlocking Sabah's potential. This was followed by a dynamic panel session with insights from AGV Environment, Maybank Investment Bank, Ms. Valerie Ng, Head of Sustainable Finance, and SEC's ESG initiators. This Forum is envisioned as a signature platform to mainstream ESG leadership within Sabah, marking SEC's bold step to connect sustainability ambitions with actionable outcomes. Share your thoughts with us via TRP's . Get more stories like this to your inbox by signing up for our newsletter.
The Star
13-05-2025
- Business
- The Star
SEC partners Maybank Investment Bank to advance ESG agenda and sukuk programme
From left: Sabah Energy Corporation (SEC) CEO Datuk Adzmir Abd Rahman, SEC chairman Datuk Annuar Ayub and Maybank Investment Bank CEO Michael Oh-Lau. KUALA LUMPUR: Sabah Energy Corporation Sdn Bhd (SEC) has reaffirmed its commitment to institutionalising ESG best practices through a 12-week roadmap to develop a fit-for-purpose Sustainable Finance Framework — a key step towards its inaugural sukuk programme. SEC group chairman Datuk Annuar Ayub said in a satement the initiative is part of SEC's long-term dedication to responsible energy development, with a focus on balancing environmental sustainability, economic growth, and community well-being. It will also support the establishment of the company's inaugural sukuk programme to finance green energy projects. To facilitate this, SEC has appointed Maybank Investment Bank as its sole principal adviser, lead arranger, and sustainability structuring adviser for the sukuk and ESG framework. The collaboration aims to establish a Shariah-compliant, sustainability-ready funding platform for the state's energy transition efforts. 'Sabah is at an inflection point in its renewable energy journey, with untapped potential in solar, bioenergy and geothermal. Maybank as a regional leader in Islamic debt capital markets and sustainable finance is partnering with SEC to establish a Shariah-compliant, sustainability-ready funding platform to support its energy transition efforts and direct capital towards developing the state's energy resources,' Maybank Investment Bank chief executive officer Michael Oh-Lau said in a statement. SEC is also launching community-driven ESG initiatives, including an annual corporate charity run aimed at promoting community health and social impact. The announcements were made during SEC's inaugural ESG Forum 2025, held at Menara SEC, where over 100 delegates from state agencies, financial institutions, and sustainability bodies gathered to explore collaborative pathways in ESG adoption across Sabah. In his opening remarks, SEC group chief executive officer Datuk Adzmir Abd Rahman welcomed guests to Menara SEC, describing it as the corporation's new home and a symbol of progress. Adzmir also highlighted SEC's responsibility to pursue responsible and forward-looking energy development — one that balances environmental stewardship, economic growth, and community well-being.
