SIDC – Sustainable and Responsible Investment Conference (SRI) 2024
20 June 2024 | 9.00 AM – 5:00 PM
SRI 2024, organized by the Securities Industry Development Corporation (SIDC) with ICMR as a supporting partner, encapsulates the imperative of global unity in prioritising sustainable investments for human wellbeing and the planet amidst escalating environmental challenges.
It underscores the sobering reality revealed by COP28 that current efforts are insufficient to limit global warming to 1.5°C, necessitating immediate action. Malaysia has witnessed a significant surge in sustainable investments driven by supportive policy frameworks and initiatives like the SRI Roadmap and SRI Taxonomy. The introduction of the Maqasid Al-Shariah Guidance further fortifies Malaysia’s commitment to sustainability, highlighting the crucial role of mobilising funds for human wellbeing and environmental preservation.
The conference aims to delve into critical evaluations, innovative perspectives and transformative solutions for a sustainable future. By convening industry players, policymakers, business leaders and stakeholders, the event seeks to facilitate dialogue, identify shortcomings and strategise actionable steps to bolster the nation’s commitment to sustainability. Through fostering discussions and partnerships, it endeavours to empower stakeholders to play a pivotal role in global efforts to mitigate climate change, identify investment opportunities for a sustainable future and secure a healthier planet for present and future generations.
Agenda
9:00AM - Opening Address
Dato’ Seri Dr. Awang Adek Haji Hussin Chairman, Securities Commission Malaysia
9:15AM - Special Address
YB Nik Nazmi bin Nik Ahmad Minister of Natural Resources & Environmental Sustainability
9:45AM - Keynote Address: Planetary Health & Humanity
Keynote Address: Planetary Health and Humanity
- Eco-Anthropocene: The epoch of human-driven ecological transformation
- Planetary boundaries: Regulating the stability and resilience biophysical subsystems of the planet
- Earth on the verge of collapse?
In this session, we delve into the concept of Eco-Anthropocene described as an era characterised by human-induced ecological transformations. It will explore the notion of planetary boundaries as a means of regulating the stability and resilience of earth’s biophysical subsystems
Speaker
- Professor Tan Sri Dr. Jemilah Mahmood Executive Director, Sunway Centre for Planetary Health, Sunway University
10:15AM - Planetary Health & Sustainability Discourse
Planetary Health and Sustainability Discourse
- Government’s commitment to achieve net zero carbon emission by 2050.
- The goal of making one billion people more resilient to climate change, migration, and human security challenges by 2030.
This session will highlight the government’s pledge to achieve net-zero carbon emissions by 2050. Additionally, there is a parallel goal to enhance resilience in one billion people against climate change, migration, and human security challenges by 2030. This dual commitment reflects a comprehensive approach to address both environmental sustainability and societal resilience.
Speakers
- YB Nik Nazmi bin Nik Ahmad Minister of Natural Resources & Environmental Sustainability
- Professor Tan Sri Dr. Jemilah Mahmood Executive Director, Sunway Centre for Planetary Health, Sunway University
10:45AM - Networking, Booth Exhibitions & Demo
Networking, Booth Exhibitions & Demo
11:15AM - Climate Commitments and Investments: Progress, Challenges and Opportunities Ahead for the Capital Market
Climate Commitments and Investments: Progress, Challenges and Opportunities Ahead for the Capital Market
- Loss and damage fund: What was agreed at COP28
- How SRI Taxonomy propel the capital market
- Voluntary carbon market (VCM) handbook reference point for market players
- Potentials and challenges to creating sustainability funds
- Envisioning and inspiring new business leaders
This session will explore the agreements made at COP28 regarding the Loss and Damage Fund, understand the transformative impact of the SRI Taxonomy on the capital market, and learn how the Voluntary Carbon Market (VCM) Handbook serves as a crucial guide for market players. It will also delve into the potentials and challenges of establishing sustainability funds, and gain insights on envisioning and inspiring a new generation of business leaders committed to driving positive environmental and social impact.
Panellists
- Dr. Hezri Adnan Director, Group Sustainability, Bursa Malaysia
- Perpetua George Asia Pacific Sustainability, Biodiversity, Director, PwC Malaysia
12:15PM - Beneath the Surface: Investments for Preservation of Marine Biodiversity for Sustainable Seas
Beneath the Surface: Investments for Preservation of Marine Biodiversity for Sustainable Seas
- Blue carbon catchers – The ocean’s climate shield
- Investment opportunities in the blue economy
- Measuring blue economy performance
- Aquaculture unicorns – Making waves in sustainable seafood innovation
The session will explore the role of “Blue carbon catchers” as a climate shield for the ocean, emphasising their significance in climate mitigation. It will also delve into investment opportunities within the blue economy, assessing the economic potential of sustainable ocean-related ventures.
Moderator: Paul Holthus Founding President & CEO, World Ocean Council (Hawaii)
12:45PM - Networking Lunch
Networking Lunch
2:00PM - Impact Investing – Gearing for Positive Social Impact and Financial Return
Impact Investing – Gearing for Positive Social Impact and Financial Return
- Impact Investing – How is it different from the rest?
- Why impact investing matters now
- How impact investing compliment Islamic capital market
- The power of impact investing in generating competitive financial returns with positive social impact
This session will explore the unique characteristics of impact investing and its distinguishing features from other investment approaches. It will also delve into the significance of impact investing, emphasizing its relevance in the present socio-economic context. The discussion will also elaborate on common shared values between impact investing and the aspirations of the Maqasid Al-Shariah Guidance.
2:45PM - Investing in Sustainable, Innovative and Green Technologies
Investing in Sustainable, Innovative and Green Technologies
- Shades of tomorrow: Exploring the future of hydrogen economy in gray, blue and green perspectives
- Skyward sustainability: Pioneering the future with sustainable and renewable energy
- Precision agriculture: Leveraging technology to boost productivity and profitability
This session will explore the future of the hydrogen economy, examining it through gray, blue, and green perspectives,
encompassing different production methods and their environmental impacts. It will also underline the aspirations and
principles of the Maqasid Al-Shariah Guidance particularly on the aspiration to cultivate attainment of basic needs and
innovation.
3:30PM - Networking, Booth Exhibitions & Demo
Networking, Booth Exhibitions & Demo
4:00PM - Suite Debate: Doing Bad While Doing Good
Suite Debate: Doing Bad While Doing Good
- Renewables vs. Hydrogen: Which is the sustainable future fuel?
- Carbon neutrality offsetting: Ethical solution or convenient excuse?
- Greenwashing: Navigating the fine line between sustainability and marketing gimmicks
- Local standards in a global supply chain: Balancing sustainability and efficiency
- Investing in talent to drive for positive change
A debate exploring the complexities surrounding actions that, on the surface, may appear beneficial or socially responsible but have negative repercussions or unintended consequences. Situations where certain actions or initiatives aimed at promoting positive social or environmental outcomes inadvertently contribute to or mask underlying negative impacts. One of the hotly debated topics on top of the sustainability agenda is investment in talent.
Moderator: Nadiah Hanim Abdul Latif Head of Strategy Programs & Partnerships at GoTo Impact Foundation
Panellists
- Tunku Alizakri Raja Muhammad Alias Chairman of Penjana Kapital Sendirian Berhad
- Tan Sri Abdul Wahid Omar Chairman of Bursa Malaysia Berhad
5:00PM - End
End
Speakers
YB Nik Nazmi bin Nik Ahmad, Minister of Natural Resources and Environmental Sustainability
Nik Nazmi Nik Ahmad is Malaysia’s Minister of Natural Resources and Environmental Sustainability (NRES), Member of Parliament for Setiawangsa, and Vice President of the People’s Justice Party (KEADILAN). A King’s College London Law graduate, he served in Dato’ Seri Anwar Ibrahim’s office after a brief stint at Permodalan Nasional Berhad. Elected as Selangor State Assemblyman for the Seri Setia constituency in 2008, he has also served as Deputy Speaker for the Selangor State Assembly and subsequently as a State Executive Councillor. In 2018, he was elected to Parliament, representing the Setiawangsa constituency, and successfully defended the seat in 2022. As the author of “Malaysian Son: A Progressive’s Political Journey in the Heart of Southeast Asia,” he continues to champion progressive policies.
Dato’ Seri Dr. Awang Adek Hussin, Chairman, Securities Commission Malaysia
Dato’ Seri Dr. Awang Adek Hussin is the Chairman of the Securities Commission Malaysia (SC). He previously served as Malaysia’s Ambassador to the United States and Chairman of Majlis Amanah Rakyat (MARA). With over 30 years of experience in banking, economics and finance, Awang Adek held positions such as Deputy Minister of Rural Development, Deputy Minister of Finance, member of Parliament, and senator. He was with Bank Negara Malaysia for 17 years, where he held various positions including as an Assistant Governor. He has also served on the boards of various financial institutions and organisations. Dr. Awang Adek holds a Bachelor’s degree in mathematics and economics from Drew University, as well as a Master’s and a PhD in economics from the University of Pennsylvania.
Professor Tan Sri Dr. Jemilah Mahmood, Executive Director, Sunway Center for Planetary Health, Sunway University
Dr. Jemilah Mahmood, Executive Director at Sunway Centre for Planetary Health, Sunway University, is a seasoned medical professional with over 20 years of crisis management experience in health, disasters, and conflicts. Holding advisory roles in Malaysia’s government, she’s also an Adjunct Professor at Universiti of Malaya and Sustainability Advisor at Air Asia. Globally, she serves on boards like Roche and Norwegian Refugee Council and is a member of the World Economic Forum’s Global Future Council. Previously, she held key positions at IFRC and UN, and founded MERCY Malaysia. Recognized with numerous awards, she’s a strong advocate for planetary health and sustainability. Dr. Mahmood is a graduate of National University of Malaysia and a Fellow of the Royal College of Obstetricians and Gynecologists UK.
Tunku Alizakri Alias, Chairman of Penjana Kapital Sdn Bhd
Tunku Alizakri Alias is the Chairman of Penjana Kapital Sendirian Berhad, a key component of Malaysia’s innovation economy initiative. He serves on the boards of public companies such as Petronas Dagangan Berhad and Prudential BSN Takaful Berhad. He was the former chairman of MAVCAP (Malaysia’s largest VC fund). With over 25 years of management experience, he previously served as the CEO of the Employees Provident Fund of Malaysia (EPF), initiating groundbreaking projects such as sustainability investment policies and the Malaysia Social Security Blueprint. He is actively involved in sustainability efforts and serves as an advisor on sustainability at the state level. He is also recognised for his contributions to musical theatre production with PAN Productions Sdn Bhd.
Tan Sri Abdul Wahid Omar, Chairman of Bursa Malaysia
Tan Sri Abdul Wahid Omar is currently the Chairman of Bursa Malaysia Berhad. He is regarded as one of the most accomplished corporate leaders in Malaysia having successfully led as CEO three major organisations in infrastructure development (UEM Group 2001 – 2004), telecommunications (Telekom Malaysia 2004 – 2008) and financial services (Maybank 2008 – 2013). He served as Group Chairman of Permodalan Nasional Berhad (PNB) from August 2016 to June 2018 following completion of his term as a Senator and Minister in the Prime Minister’s Department in charge of Economic Planning from June 2013 to June 2016.He also currently serves as the Chairman of WWF-Malaysia and MySDG Foundation, Professor of Practice at INCEIF University and as the Sultan bin Abdulaziz Visiting Fellow at the Oxford Centre for Islamic Studies, UK. Tan Sri Abdul Wahid is a member of the Association of Chartered Certified Accountants (ACCA), the Institute of Chartered Accountants in England & Wales (ICAEW) and the Malaysian Institute of Accountants (MIA).
Dr. Hezri Adnan, Director, Group Sustainability, Bursa Malaysia
Dr Hezri Adnan is the Director of Group Sustainability at Bursa Malaysia. He is also a Trustee of the World Wide Fund for Nature (WWF) Malaysia. Hezri has served as an Independent Advisor of Petronas Chemicals Group Berhad, Executive Director of the Malaysian Institute of Economic Research (MIER), and the Langkawi Development Authority (LADA) Chief Executive Officer. Dr Hezri has extensive experience advising international organisations such as the UNDP, UNESCAP, and the Asian Development Bank on development and environmental challenges in Southeast Asia. He has held visiting academic positions abroad at Kyoto University and the Australian National University, where he obtained his PhD in Public Policy in 2006.
Muazzam Mohamad, Senior Vice President, Head of Investment Stewardship Division, Permodalan Nasional Berhad
With 17 years of experience at Permodalan Nasional Berhad (PNB), this seasoned professional currently holds a leadership role in the Investment Stewardship Division. In this capacity, he plays a pivotal role in driving PNB’s ESG commitments, including the objective of achieving a Net Zero Portfolio by 2050. Another key focus is the establishment of a taxonomy to track PNB’s commitment to investing MYR 10 billion in green and transition assets by 2030. Additionally, he is responsible for formulating and implementing PNB’s labor rights policy while ensuring effective Board and CEO representation within key investee companies. Moreover, he actively promotes a robust voting policy and transparency. He also serves as a Non Independent Non-Executive Director of Tenaga Nasional Berhad representing PNB, leveraging his expertise in sustainability, corporate finance, and strategy
Jenny Ou, Managing Director, Sankina Aquaculture Sdn. Bhd
Jenny Ou, is a dynamic leader in sustainable aquaculture. With a Bachelor’s in Chemical Engineering from the University of Michigan (USA) and a Master’s from McGill University (Canada), her academic foundation supports practical expertise. As the Director of Sankina Aquaculture Sdn Bhd, Malaysia’s first ASC (Aquaculture Stewardship Council) certified farm, they drive initiatives reshaping the industry landscape. Their hands-on approach ensures quality food production while safeguarding marine ecosystems. Leveraging innovative farming techniques, Sankina pioneers a future where responsible food production harmonizes with ecological preservation, at the heart of aquaculture farming.
Paul Holthus, Founding President & CEO, World Ocean Council (Hawaii)
Paul Holthus is a globally recognized leader and speaker on ocean and coastal investment, conservation and sustainable development. He founded the World Ocean Council (WOC) – the Global Blue Economy Business and Investment Organization. The WOC brings together investment, shipping, fisheries, aquaculture, tourism, offshore energy, submarine cables, ports, and other sectors for global leadership, collaboration and action. The WOC Ocean Investment Platform is the global structure/process linking investors, ocean industries and innovators. The annual WOC Sustainable Ocean Summit (SOS) is the premier high-level global ocean business event on “Corporate Ocean Responsibility”. In 2020 he launched the annual Global Blue Finance Summit (BlueFIN).
Prof. Dr. Yeong Yik Sung, Director, Institute of Climate Adaptation and Marine Biotechnology
Prof. Dr. Yeong Yik Sung currently serves as the Director of the Institute of Climate Adaptation and Marine Biotechnology at Universiti Malaysia Terengganu (UMT). With a career spanning decades, he has emerged as a prominent scientist, renowned for his ground-breaking research and invaluable contributions to the fields of aquaculture and marine biotechnology. His expertise extends far beyond national borders, as he actively collaborates with counterparts from the European Union, ASEAN, China, Japan, Indonesia, and others. At the helm of the International Artemia and Aquaculture Consortium (IAAC), he assumes the role of Chair, steering initiatives aimed at enhancing sustainable practices and innovation within the aquaculture industry. Additionally, he serves as the Secretary of the ASEAN Fisheries Education Network (ASEAN-FEN), further solidifying his commitment to advancing education and research in related fields across Southeast Asia.
Munirah Khairuddin, CEO Malaysia & Global Shariah & Managing Director, Strategic Distribution & Institutional Client Relations (Southeast Asia & Global Shariah), Principal
Munirah Khairuddin, CEO of Principal Malaysia and Global Shariah, also serves as Managing Director of Strategic Distribution & Institutional Client Relations for Southeast Asia & Global Shariah. Since joining Principal in 2006, she’s led significant growth in assets under management (AUM) and enhanced institutional and retail leadership, particularly in asset management and retirement solutions. Munirah’s diverse background includes roles as a G7 Economist, strategist for a Fortune 500 oil and gas company, and fixed income portfolio manager at Rothschild Asset Management in London. She’s received prestigious accolades such as Asset Management CEO of the Year Malaysia 2024 and CEO of the Year, Malaysia in 2014 and 2015. Munirah holds a Chartered Financial Analyst charter and graduated from the University of Newcastle, UK, with a Bachelor of Arts (Honours) in Accounting & Financial Analysis.
Shazurawati Abd Karim, Executive Vice President, TM One
Shazurawati Abd Karim is the Executive Vice President of TM One, the business solution arm of TM serving large enterprise and government sector nationwide across various industry verticals. She is an experienced professional who has held various leadership positions in multiple domains from operations to technology, partnership, transformation and business services. She also serves as a Director in several operating companies under TM One and sits on the Industry Advisory Committee for the Department of Polytechnic and Community College Education. Educated at Cambridge University, Shazurawati has also completed a leadership program at Stanford University.
Jean-Marc Champagne, Principal and Managing Director, Seneca Impact Advisors
Jean-Marc, the Managing Director of Seneca Impact Advisors, is at the helm of a specialized advisory firm that develops innovative financial solutions to scale commercially viable nature and climate positive projects. Seneca’s mission is to mobilize private-sector capital for the protection and restoration of nature. Before founding Seneca, Jean-Marc dedicated 7 years to the World Wide Fund for Nature (WWF). In his capacity as the head of Bankable Nature Solutions for the Asia-Pacific region, he nurtured and expanded scalable bankable projects with positive environmental and social impact.Jean-Marc’s earlier career spanned 17 years in the financial industry, where he advised institutional investors on equities and equity derivatives.
Vikas Arora, Chief of Impact Investing, AVPN
Vikas leads AVPN’s overall strategy and direction of Impact Investing. This includes driving plans and strategic operations to effectively implement the organization’s impact investing priorities, identifying impact opportunities across AVPN’s four impact focus areas of climate action, gender equality, youth and health; and fostering strategic partnerships with AVPN members, industry stakeholders and business partners.Prior to joining AVPN Vikas spent three decades in the banking industry including 25 years at Deutsche Bank.Vikas completed his Post-Graduate Diploma in Organisation & Leadership for Social Change at the Singapore University of Social Sciences.Outside of work, Vikas actively contributes to the community as an Independent Board Director (pro bono) for Heartware Network, a non-profit organisation in Singapore.
Arina Kok, Partner, Climate Change and Sustainability Services, Ernst & Young Consulting Sdn Bhd
Arina Kok is a Partner at Ernst & Young Consulting Sdn Bhd, leading EY APAC Decarbonization and Malaysia Climate Change and Sustainability Services. With over 18 years of experience, she has advised ministries, regulators, and multinational companies across various industries, including oil and gas, construction, manufacturing, and education. Arina collaborates with the Ministry of Natural Resources, Environment and Climate Change, Bursa Malaysia, and the Securities Commission Malaysia on green policies. She supports Central Bank of Malaysia and other financial institutions in climate risk workshops and conferences. Arina leads significant decarbonization projects, including scope 3 emissions calculations, ESG strategies, and transition finance frameworks for high-emitting sectors.
Rahimah Rahimah Ali, Head, Group Sustainability, Malaysia Aviation Group
Rahimah is currently the Head of Sustainability for Malaysia Aviation Group, where she leads the group’s sustainability strategy, reporting, and stakeholder engagement. With her in-depth experience in restructuring and aviation industry, Rahimah drives Malaysia Aviation’s ESG goals and performance in helping businesses transition to a sustainable future, fostering social and environmental well-being. Rahimah brings with her over 20 years of experience in the aviation industry, she held various positions including in Strategy & Restructuring, Operations, and Quality Assurance. She began her career in KPMG conducting assurance, including due diligence, mergers, and acquisitions. She is a Chartered Accountant, earned her bachelor’s degree in accounting from International Islamic University, Malaysia, and subsequently completed the General Management Programme from Judge Business School, University of Cambridge, United Kingdom.
Nadiah Hanim Abdul Latif, Sustainability & Social Impact Advocate / President, Malaysian Rare Disorders Society (Conference Moderator)
Nadiah Hanim Abdul Latif is a prominent sustainability and social impact advocate, currently serving as the President of the Malaysian Rare Disorders Society. With over two decades of experience spanning corporate, NGO, social entrepreneurship, and humanitarian sectors, Nadiah is dedicated to fostering impactful collaborations. She champions causes such as climate resilience, business and human rights, social equity, youth empowerment, child rights, disability advocacy, and resource accessibility. As a dynamic speaker, trainer, and facilitator, Nadiah engages stakeholders at various levels, from grassroots advocacy to international forums like the UN General Assembly. She is also a consultant in sustainability and corporate affairs, a board trustee, an adjunct associate professor, and actively involved in social enterprises and rare disease advocacy globally.Registration
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