{"id":9043,"date":"2023-10-17T00:00:00","date_gmt":"2023-10-16T16:00:00","guid":{"rendered":"https:\/\/rgei-2.hellopomelo.space\/uncategorized\/rge-attends-mufg-n0w-net-zero-world-2023-the-right-blend-singapores-role-in-asias-net-transition\/"},"modified":"2024-06-05T11:14:56","modified_gmt":"2024-06-05T03:14:56","slug":"rge-attends-mufg-n0w-net-zero-world-2023-the-right-blend-singapores-role-in-asias-net-transition","status":"publish","type":"post","link":"https:\/\/rgei-2.hellopomelo.space\/zh-hans\/corporate\/rge-attends-mufg-n0w-net-zero-world-2023-the-right-blend-singapores-role-in-asias-net-transition\/","title":{"rendered":"RGE Attends MUFG N0W (Net Zero World) 2023 \u2013 \u201cThe right blend &#8211; Singapore&#8217;s role in Asia&#8217;s net transition\u201d"},"content":{"rendered":"<p>In partnership with The Asset, the inaugural session of MUFG N0W took place on 25 September 2023 which placed an emphasis on Singapore&#8217;s journey toward decarbonising its economy and establishing itself as a leading advocate of sustainability in Asia. Mr Bey Soo Khiang, Vice Chairman of RGE, attended the event and took part in a panel conversation alongside Jackie Surtani, Regional Director of the Asian Development Bank, Wong De Rui, Vice President of Sustainability Office, GIC and Tomohiro Ishikawa, Chief Regulatory Engagement Officer, MUFG. The panel was moderated by Daniel Yu, Editor-in-Chief, The Asset.<\/p>\n<p>The discussion centred on Singapore&#8217;s acceleration towards resiliency and its role in supporting the transition of carbon-intensive industries in Asia. It highlighted the concept of transition finance and the challenges that corporations face in this context. The panel acknowledged Singapore&#8217;s efforts in shaping climate data standards and disclosures, demonstrating its commitment to driving climate action and sustainability.<\/p>\n<p><u>RGE\u2019s Vision for Nature Neutral Solutions<\/u><\/p>\n<p>ESG considerations permeate every facet of RGE&#8217;s operations, encompassing sustainable sourcing, biodiversity preservation, renewable energy utilisation, research and development investments, stakeholder collaboration, community engagement, and circular economy practices. RGE takes its overarching group-level objectives and translates them into local goals, effectively operationalising them across its business divisions and geographic markets. Leveraging ESG as a business model, RGE\u2019s action plans are being implemented on the ground, where the impact of these actions can be measured objectively, with improvements made to ensure that we can achieve our goals and targets.<\/p>\n<p>As the panel discussed how industries in Asia can move towards greener practices, Mr Bey shared his insights. \u201cUsing nature-neutral solutions is the way we do things,\u201d Mr Bey said. As a vertically integrated industry player with established supply chains from upstream to downstream, RGE takes pride in its waste-to-value model which transforms agricultural waste and residual feedstock into sources of energy. Highlighting an example, Mr Bey shared, \u201cToday APRIL is already running on 80% biomass energy \u2013 from our trees, we separate lignin from cellulose, dry it, and send it to the boiler to generate power,\u201d he said.<\/p>\n<div id=\"attachment_10548\" style=\"width: 660px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/rgei-2.hellopomelo.space\/wp-content\/uploads\/2024\/04\/MUFG3-1.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-10548\" class=\"wp-image-10548 size-large\" src=\"https:\/\/rgei-2.hellopomelo.space\/wp-content\/uploads\/2024\/04\/MUFG3-1-1024x656.jpg\" alt=\"\" width=\"650\" height=\"416\" \/><\/a><p id=\"caption-attachment-10548\" class=\"wp-caption-text\">Mr. Bey Soo Khiang, Vice Chairman, RGE, speaking on a panel at the MUFG Net Zero NOW Forum<\/p><\/div>\n<p>Mr Bey also elaborated on RGE\u2019s Production-Protection model for its plantations, and its commitment to a 1-for-1 goal of conserving one hectare of forest for every hectare of plantation. \u201cTo date, we have conserved and protected 370 thousand hectares of HCV forests \u2013 that\u2019s more than 5 times the area of Singapore.\u201d This project includes RGE\u2019s flagship Restorasi Ekosistem Riau (RER) project, which has successfully restored more than 150,000 hectares of ecologically vital peat forest in Indonesia\u2019s Kampar Peninsula.<\/p>\n<p><u>Leadership and innovation in practice<\/u><\/p>\n<p>As the panel discussed the challenges that corporates might face through their green transition, Mr Bey highlighted the invaluable need for employees throughout an organisation to share the vision and goals of its leaders, in order for the transition to be successful. \u201cIf we wish to transit, while we (leaders) can set the targets, it\u2019s the employees who are going to make it happen \u2013 and we have learnt that from our experience.\u201d Mr Bey used this opportunity to share RGE\u2019s successful construction in Brazil of the world\u2019s largest and greenest pulp mill that is 100 fossil fuel free. Through effective leadership and a shared vision, RGE\u2019s member company Bracell\u2019s facility was designed with key innovations, including a bio-refinery that controls the input of materials to maximise recycling, minimise waste and significantly reduce its environmental footprint.<\/p>\n<p>Being self-sufficient in energy, the surplus of clean, high quality energy is made available to the Brazilian National Interconnected System, while around 95% of the water collected by the plant is returned to the Tiete River after the industrial process, as treated effluent.<\/p>\n<p>\u201cOne of our goals is to move towards closed-loop production,\u201d Mr Bey added on RGE\u2019s palm business. He also highlighted Apical\u2019s (another member company of RGE) recent collaboration with CEPSA to construct the largest second-generation biofuels plant in Southern Europe, focusing on the field-to-fuel model that drives it. In a bid to achieve greater circularity, Apical will supply agricultural waste and feedstock to produce sustainable aviation fuel, which can cut carbon emissions by up to 90% compared to traditional jet fuel, and cut 1.5 million tons of CO<sub>2<\/sub> per year.<\/p>\n<p>In conclusion, Mr Bey reiterated his thoughts on the need for teamwork and innovation if a corporate entity wished to successfully achieve a green transition. \u201cIf your team aren\u2019t 100% with you, nothing is going to happen. This is very, very important if you want to achieve your net-zero ambitions,\u201d he said.<\/p>\n<p><a href=\"https:\/\/www.inside-rge.com\/wp-content\/uploads\/2023\/10\/LInkedin-scaled.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-large wp-image-10550\" src=\"https:\/\/rgei-2.hellopomelo.space\/wp-content\/uploads\/2024\/04\/LInkedin-scaled.jpg\" alt=\"\" width=\"650\" height=\"410\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In partnership with The Asset,&#8230;<\/p>\n","protected":false},"author":4,"featured_media":9047,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[6,108,24],"tags":[],"class_list":{"0":"post-9043","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-corporate","8":"category-rge","9":"category-rge-updates-and-latest-news-from-the-group"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>RGE Attends MUFG N0W (Net Zero World) 2023 \u2013 \u201cThe right blend - Singapore&#039;s role in Asia&#039;s net transition\u201d - RGE (Royal Golden Eagle) Group<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"zh_CN\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RGE Attends MUFG N0W (Net Zero World) 2023 \u2013 \u201cThe right blend - Singapore&#039;s role in Asia&#039;s net transition\u201d - RGE (Royal Golden Eagle) Group\" \/>\n<meta property=\"og:description\" content=\"In partnership with The Asset,...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/rgei-2.hellopomelo.space\/zh-hans\/corporate\/rge-attends-mufg-n0w-net-zero-world-2023-the-right-blend-singapores-role-in-asias-net-transition\/\" \/>\n<meta property=\"og:site_name\" content=\"RGE (Royal Golden Eagle) Group\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-16T16:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-05T03:14:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/rgei-2.hellopomelo.space\/wp-content\/uploads\/2024\/04\/MUFG2.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2048\" \/>\n\t<meta property=\"og:image:height\" content=\"1364\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Corporate Communications\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"\u4f5c\u8005\" \/>\n\t<meta name=\"twitter:data1\" content=\"Corporate Communications\" \/>\n\t<meta name=\"twitter:label2\" content=\"\u9884\u8ba1\u9605\u8bfb\u65f6\u95f4\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 \u5206\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/rgei-2.hellopomelo.space\/zh-hans\/corporate\/rge-attends-mufg-n0w-net-zero-world-2023-the-right-blend-singapores-role-in-asias-net-transition\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/rgei-2.hellopomelo.space\/zh-hans\/corporate\/rge-attends-mufg-n0w-net-zero-world-2023-the-right-blend-singapores-role-in-asias-net-transition\/\"},\"author\":{\"name\":\"Corporate Communications\",\"@id\":\"https:\/\/rgei-2.hellopomelo.space\/zh-hans\/#\/schema\/person\/f3c5f6feadd6b2ba0563183ad208e1e2\"},\"headline\":\"RGE Attends MUFG N0W (Net Zero World) 2023 \u2013 \u201cThe right blend &#8211; 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