{"id":8798,"date":"2023-01-26T00:00:00","date_gmt":"2023-01-25T16:00:00","guid":{"rendered":"https:\/\/rgei-2.hellopomelo.space\/uncategorized\/driving-sustainable-growth-and-decarbonisation-in-asia\/"},"modified":"2024-06-05T11:15:12","modified_gmt":"2024-06-05T03:15:12","slug":"driving-sustainable-growth-and-decarbonisation-in-asia","status":"publish","type":"post","link":"https:\/\/rgei-2.hellopomelo.space\/zh-hans\/sustainable-operations\/driving-sustainable-growth-and-decarbonisation-in-asia\/","title":{"rendered":"Driving Sustainable Growth and Decarbonisation in Asia"},"content":{"rendered":"<p>With continuing moves towards sustainability among global leaders, consumers, and investors, how are private enterprises addressing the call to drive positive climate impacts in the context of their businesses? This was a key focus of a recent panel discussion held by Fullerton Fund Management in Singapore.<\/p>\n<p>During the discussion, titled \u2018Putting Asia\u2019s Decarbonisation into Action: The Practitioners\u2019 Perspectives\u2019, Lucita Jasmin, Director for Sustainability &amp; External Affairs, APRIL Group, shared insights based on RGE\u2019s leadership position in both resource-based manufacturing sectors and in the implementation of wide-ranging sustainability commitments across its business groups.<\/p>\n<p>Diving into the opportunities of investing in decarbonisation, she spoke about how sustainability initiatives by RGE and its businesses like APRIL have positively impacted climate, nature and people while driving the sustainable business growth of the group\u2019s businesses.<\/p>\n<p>\u201cWe believe that sustainability makes good business sense, and this is basically what drives our daily decision-making in our operational focus,\u201d she said, highlighting the group\u2019s various sustainability commitments including <a href=\"https:\/\/april2030.aprilasia.com\/\">APRIL2030<\/a>, <a href=\"https:\/\/www.inside-rge.com\/sustainable-operations\/bracell-launches-one-to-one-commitment\/\">Bracell\u2019s \u201cOne to One\u201d conservation commitment<\/a>, and RGE\u2019s pledge to continue to finance its ongoing expansion through Sustainability Linked Loans (SLL).<\/p>\n<div id=\"attachment_10143\" style=\"width: 517px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/www.inside-rge.com\/wp-content\/uploads\/2023\/01\/Decarbonisation-170-scaled.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-10143\" class=\"wp-image-10143\" src=\"https:\/\/rgei-2.hellopomelo.space\/wp-content\/uploads\/2024\/04\/Decarbonisation-170-scaled.jpg\" alt=\"\" width=\"507\" height=\"761\" \/><\/a><p id=\"caption-attachment-10143\" class=\"wp-caption-text\">Ms. Jasmin speaks about how RGE and APRIL have positively impacted the environment, society and their bottom line through sustainable practices and decarbonization investment.<\/p><\/div>\n<p>Asked about the need for businesses to balance profit and purpose, she said: \u201cThe notion of having to strike a balance suggests that profit and purpose are separate concepts. We believe that it is about the integration of the two. Profit and purpose are two sides of the same coin and one enables the other\u201d.<\/p>\n<p>\u201cIf we are a purpose-led company with strong ESG credentials, we see markets and financing open up, enhanced employee value propositions and new opportunities. It is a journey. It can be challenging but sustainability makes good business.\u201d<\/p>\n<p>The discussion was moderated by Mervin Teo, Vice President, Fullerton Fund Management. Ms. Jasmin was joined by Kelvin Fu, Managing Partner, Gunung Capital, who shared how listed companies can align climate interests with those of shareholders by leveraging appropriate sustainability initiatives to optimise costs while increasing revenue.<\/p>\n<p><strong>Investing in decarbonisation to benefit climate, nature and people<\/strong><\/p>\n<p>If businesses closely examine their portfolios, there are many opportunities where they can take steps to decarbonise their footprint, said Ms. Jasmin. These initiatives present both a strong commercial opportunity as well as the potential to create significant positive environmental impacts.<\/p>\n<p>One example is RGE\u2019s project to restore and conserve forest ecosystems in Riau, Indonesia through its Restorasi Ekosistem Riau (RER) project, she said. This has been supported by a USD100 million investment made by the group at COP21 in 2015. Since it was set up, there has been minimal fire incidents and low levels of illegal encroachment in the RER area.<\/p>\n<div id=\"attachment_10147\" style=\"width: 1004px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/rgei-2.hellopomelo.space\/wp-content\/uploads\/2024\/04\/RER.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-10147\" class=\"wp-image-10147 size-full\" src=\"https:\/\/rgei-2.hellopomelo.space\/wp-content\/uploads\/2024\/04\/RER.jpg\" alt=\"\" width=\"994\" height=\"494\" \/><\/a><p id=\"caption-attachment-10147\" class=\"wp-caption-text\">The RER programme was established by APRIL Group to protect and restore approximately 150,000 hectares of peatland forest on the Kampar Peninsula.<\/p><\/div>\n<p>Businesses can also positively impact climate by investing in people through community conservation partnerships. This includes building the capabilities of community partners, providing alternative livelihood opportunities to address root causes of deforestation and encroachment, and engaging communities to become stewards of conservation, she said. RGE is doing so by investing in the provision of health, education and support for women in local communities.<\/p>\n<p>For businesses to effectively create change, having alignment with shareholders is key. Mr. Fu said this enabled Gunung Raja Paksi, of which he is a senior advisor, to give its management a mandate to pursue sustainable initiatives, guided by a strategic roadmap and clear key performance indicators to track progress and deliver tangible business outcomes.<\/p>\n<p><strong>Building Asia\u2019s net zero future by integrating profit and purpose<\/strong><\/p>\n<p>With the rising importance of environmental, social and governance (ESG) targets and commitments, Asian businesses are heading in a direction where profit and purpose are integrated, said Ms. Jasmin. Businesses increasingly recognise the benefits of aligning purpose with practice, and profitability can continue to underwrite sustainability targets and commitments.<\/p>\n<p>In conclusion, maintaining a balance between profitability and purpose would continue to be at the core of RGE\u2019s operations, she said. \u201cProfitability continues to underwrite our sustainability initiatives and sustainability is at the core of our business.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>With continuing moves towards &#8230;<\/p>\n","protected":false},"author":4,"featured_media":8802,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[24,7],"tags":[],"class_list":{"0":"post-8798","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-rge-updates-and-latest-news-from-the-group","8":"category-sustainable-operations"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - 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