Kejuteraan Asastera Bhd (KAB) draws up plan for net zero
Source: https://www.thestar.com.my/business/business-news/2022/12/27/companies-draw-up-plans-for-net-zero
Author: Yap Leng Kuen
Kejuteraan Asastera Bhd (KAB), which is listed on the Main Board of Bursa Malaysia, has expanded its business to include sustainable energy solutions (Ses). The Ses segment of KAB is now contributing directly to alleviating the impact of global climate change and its impact on communities, with various projects spanning renewable and clean energy generation – solar, waste-to-energy and co-generation, said KAB managing director Datuk Lai Keng Onn. KAB has a waste heat recovery project at Safran Landing Systems Malaysia Sdn Bhd, an aircraft parts manufacturer, which is expected to mitigate 98,280 tonnes of carbon dioxide equivalent (tCO2e) from 2020 to 2030. A solar photovoltaic system installed by KAB at SME Aerospace in Sungai Buloh is expected to prevent the emission of 29,458 tCO2e over 25 years of energy generation. KAB had set up a board sustainability committee in 2021 to oversee its net-zero journey, established 2021 as its base year and commenced collection of annual data for scope one and scope two emissions while preparing further for scope three emissions. KAB’s base year emissions are 1,756 tCO2e for scope one; 59.3 tCO2e for scope two, and this shall be its starting point where KAB will track the annual reduction until it achieves net-zero.