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    UBS and Nethermind Complete Compliance Proofs of Concept on Ethereum.

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    PMJ Jewels Inaugurates Landmark Showroom in Frisco, Dallas

    UBS and Nethermind Complete Compliance Proofs of Concept on Ethereum.

    KPMG Australia announces leadership changes and governance overhaul to rebuild trust .

    Busworld Türkiye 2026 grows by 15% as innovation takes centre stage.

    Global Leaders Gather in Dalian for Summer Davos to Unlock Innovation at Scale.

    New Global Lighthouse Sites Demonstrate How AI Is Rewiring Manufacturing and Supply Chains

  • National
    • All
    • Economy & Politics
    • Election

    Supreme Court on Company Law – Compendium of Cases Third Edition – Another Landmark Publication by Aseem Chawla, Senior Advocate.

    Yamaha Music India Launches EAD50 With Acclaimed Drummer Ranjit Barot As Yamaha Artist.

    PMJ Jewels Inaugurates Landmark Showroom in Frisco, Dallas

    Qualcomm India Opens Registrations for Snapdragon Multiverse Hackathon to Build Multi-Device AI Solutions.

    Shivamogga Deserves a High Court Circuit Bench: MP B.Y. Raghavendra Urges Governor’s Intervention.

    High-level meeting chaired by Home Minister Priyank Kharge: Orders strict action for a drug-free Karnataka.

  • Business

    UBS and Nethermind Complete Compliance Proofs of Concept on Ethereum.

    Square Yards raises INR 900cr (USD 95mn), plans additional USD50-60mn close as it prepares for IPO.

    KPMG Australia announces leadership changes and governance overhaul to rebuild trust .

  • Health

    NYB.AI Featured in NVIDIA GTC Taiwan 2026 Opening Showcase, Marking Milestone in AI-Driven Drug Discovery Collaboration.

    Narayana Health City Performs India’s First Pulsed Field Ablation for Advanced Treatment of Atrial Fibrillation.

    WellSpan Health and Philips Announce Landmark Strategic Alliance, Accelerating Innovation and Research Across Central Pennsylvania and Northern Maryland

    Ramaiah Group and University at Albany Launch RISM, India’s First Greenfield Deemed-to-be University Focused on STEM and Management.

    Samsung Announces World-First Breakthrough in Fainting Prediction With Galaxy Watch.

    Disney and Philips bring together beloved storytelling and innovative technology to support kids undergoing MRI exams

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    • All
    • Environment
    • Science

    Qualcomm India Opens Registrations for Snapdragon Multiverse Hackathon to Build Multi-Device AI Solutions.

    Forensic Science Laboratory’s Achievements a Model for the Nation Government Committed to Further Strengthening It – Home Minister Priyank Kharge

    India’s Space Economy Poised to Reach USD 45 Billion in Next Decade; over 400 Space StartUps driving the next phase of growth: Dr Jitendra Singh .

    Union Minister Dr. Jitendra Singh Calls for Stronger Industry-Academia Partnerships to Accelerate Science-Led Growth.

    SAP Labs India Unveils 2026 Startup Studio Cohort Focused on Enterprise AI and Deep-Tech Innovation.

    Cisco Unveils Agentic Platform for Operating and Defending Critical IT Infrastructure.

  • Auto

    Daimler India Commercial Vehicles (DICV) also joins the Government of India scheme to provide discounts for the replacement of old trucks and buses in Delhi-NCR.

    Busworld Türkiye 2026 grows by 15% as innovation takes centre stage.

    Tata Motors Strengthens eCV Leadership with over 3,400 Vehicle Orders Across Freight, Logistics and Passenger Mobility Segments.

    GAS Milano Unites the Superbike Fraternity with the Launch of its New Motorsport Inspired Collection.

  • Sports

    Parimatch Sports Drops Limited T-Shirt Inspired by David Warner.

    fischer is the Fastening Expert for Estadio Azteco, Mexico – Iconic Venue for 5 World Cup Matches.

    “The mindset has changed for everyone” – Karun Nair on IPL influence shaping T20 approach across competitions.

    Sreenidhi University TG20 kicks off in Hyderabad as Thaman, Vijay Deverakonda set stage on fire in Opening Ceremony

  • Entertainment

    Yamaha Music India Launches EAD50 With Acclaimed Drummer Ranjit Barot As Yamaha Artist.

    Actor Dr. Rajkumar’s 97th birthday celebration on April 24th, at 10.30 am in Dr. Rajkumar Punyabhoomi premises of the Sri Kanteerava Studio .

    Doordarshan Chandana has launched an innovative farmers’ reality show named “Raitaratna” (ರೈತರತ್ನ).

    Phoenix Marketcity brings you a legendary live concert by PADMA BHUSHAN KS CHITRA.

    UNDP Goodwill Ambassador and ‘Game of Thrones’ star Nikolaj Coster-Waldau highlights Odisha’s mangrove restoration story in global documentary series

    House of McDowell’s Soda Yaari Jam, India’s Biggest Branded Live IP, Touches down in Kolkata

  • Lifestyle
    • All
    • Food
    • Travel

    Yamaha Music India Launches EAD50 With Acclaimed Drummer Ranjit Barot As Yamaha Artist.

    ABD’s ICONiQ White Whisky Achieves Highest-Ever Monthly Sales, Over 1 Million Cases in a Month.

    Air India introduces ‘basic’ fare option, expanding customer choice in economy class on domestic travel.

    Samsung Announces World-First Breakthrough in Fainting Prediction With Galaxy Watch.

    “Our vision is to make nutrition a standard feature in every kitchen, not a luxury.”-Mr. Jambulingappa Hosmani, MD, Panchamrutha Industries Pvt. Ltd

    Change in timings of ration distribution and fair price shops in Bengaluru.

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Malaysia Airlines Extends Carbon Credit Portfolio to Kuamut Rainforest Conservation Project – First Certified Nature-Based Carbon Project in Malaysia

by FWM
September 12, 2024
in National
0

KLIA, 11 September 2024 – Malaysia Airlines will begin offering carbon credits from the Malaysian Kuamut Rainforest Conservation Project, the first certified nature-based carbon project in Malaysia, as part of its carbon offset programme for passengers and corporate clients.

Located in the Tongod and Kinabatangan districts of Sabah, the project has recently issued its first carbon credits, marking a significant milestone in Malaysia’s commitment to sustainability and environmental preservation. The project is developed and managed by a public-private partnership involving the Sabah Forestry Department, Yayasan Sabah,  Rakyat Berjaya, and Permian Global (Malaysia), with support from PACOS Trust and the Southeast Asia Rainforest Research Partnership (SEARRP).

This project protects and restores 83,381 hectares of tropical forest in Sabah, Malaysia within a 1-million-hectare concession managed by Yayasan Sabah. Over the next 30 years, it aims to prevent the release of 16 million tonnes of CO2e.

Certified against the Verra Voluntary Carbon Standard (VCS), the Kuamut Rainforest Conservation Project is estimated to reduce emissions by approximately 500,000 tonnes of CO2e annually. In addition, this project will help conserve habitats for elephants, Banteng, orangutans, and endangered bird species such as the Helmeted Hornbill, Bornean Peacock Pheasant, and Storm’s Stork. Recognised for its impact, the project has received a Climate Gold rating from the Climate, Community & Biodiversity Alliance (CCBA).

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This initiative aims to improve living standards, health services, education, job creation, and entrepreneurship opportunities for local communities, while increasing sustainable job opportunities for local community groups.

Philip See, Group Chief Sustainability Officer from Malaysia Aviation Group (MAG) said, “As we continue to innovate and expand our sustainability efforts, the Kuamut Rainforest Conservation Project represents a significant step forward in our mission to reduce our carbon footprint and support the preservation of our planet’s ecosystems. We are thrilled to incorporate Malaysia-based carbon credits into our voluntary carbon offset programme, offering our passengers and corporate clients a tangible way to contribute to environmental conservation, while also playing our part in achieving socio-economic development and reaching net zero carbon emissions by 2050 in line with the MAG Sustainability Blueprint.”

 “I am delighted that the Malaysian Aviation Group recognises the hugely important role protecting nature has in helping to address climate change and has chosen to support the Kuamut Rainforest Conservation Project. Protecting threatened natural forests not only prevents greenhouse gas emissions from deforestation and forest degradation but can safeguard rich biodiverse ecosystems. And, when the conservation is coupled with improvements in local well-being and livelihoods opportunities, it can drive transformational change for local communities,” said Ivy Wong Abdullah, Chief Executive Officer of Permian Global Malaysia.

In June 2023, Malaysia Airlines launched its voluntary carbon offset programme and has since expanded it to include corporate clients. This initiative empowers travellers to offset the carbon emissions associated with their flights by supporting high-quality carbon projects. These projects are certified by internationally recognised standards and align with the UN Sustainable Development Goals, reinforcing the airline’s dedication to sustainability.

 

Through the Malaysia Airlines booking platform and MHcorporate portal, travellers and corporate customers are able to address the carbon emissions from their flights by selecting the Kuamut Rainforest Conservation Project as one of the available climate projects.

 

The programme reflects Malaysia Airlines’ dedication to sustainability, aligning with global initiatives for an environmentally conscious aviation industry. The airline invites corporations to join this collective effort of addressing climate change by reaching out to their Corporate Relationship Manager or log on to the MHcorporate portal, previously known as MHbiz TRAVEL, on Malaysia Airlines website.

Tags: Kuamut Rainforest Conservation ProjectMalaysia Aviation Group (MAG)Permian Global Malaysia.Rakyat BerjayaSabah Forestry DepartmentSoutheast Asia Rainforest Research Partnership (SEARRP).Verra Voluntary Carbon Standard (VCS)Yayasan Sabah

FWM

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