Galaxy Tech Solutions (KL) Sdn. Bhd.

Transitioning to Renewable Energy: The Case of Ørsted. Ørsted is a Danish multinational energy company, established in 1972. Ørsted started as a fossil fuel company, focusing on oil and natural gas. By 2008, it recognized the unsustainability of its fossil fuel dependency amid growing climate concerns. This prompted a strategic pivot towards renewable energy, particularly offshore wind and holding a 25% global market share. The company rebranded to Ørsted in 2017 and committed to becoming coal-free by 2023. As of 2022, approximately 90% of its energy production comes from renewable sources, with goals to achieve net-zero emissions by 2025 and no carbon emissions by 2040. Ørsted operates in several countries, focusing on wind, solar, and bioenergy projects. Below is Ørsted’s 2023 Annual Report for your further reading. #RenewableEnergy #GreenTransition #Sustainability #CleanEnergy #Ørsted #EnergyTransition #ClimateAction #RenewableFuture #CleanTech #SustainableEnergy #CarbonNeutral #GreenEnergy #Decarbonization #FutureOfEnergy #NetZero #EnergyInnovation

Carbon credits are a critical tool in the global effort to combat climate change. By providing a market-based mechanism, they incentivize businesses and organizations to reduce greenhouse gas (GHG) emissions while supporting projects that contribute to sustainable development. The importance of carbon credits lies in their ability to bridge the gap between economic growth and environmental responsibility. They enable companies to offset unavoidable emissions by investing in verified projects such as renewable energy, reforestation, and energy efficiency initiatives. Moreover, carbon credits play a vital role in encouraging innovation and fostering collaboration across industries to achieve net-zero targets. As we advance towards a low-carbon future, understanding and leveraging carbon credits effectively is essential for both mitigating climate change and aligning with global sustainability goals. Let’s continue these meaningful discussions to drive actionable change.

Let’s Go Back to Basics! As climate change continues to impact our daily lives, it is crucial to understand what causes it. Greenhouse gases (GHG) are gases that trap heat in the atmosphere. Examples of GHGs include carbon dioxide, methane, and ozone. While these gases naturally occur in our environment, rapid industrialization has led to an increase in their concentration, pushing us towards levels that may become unsustainable. Businesses and industry players have been making efforts to reduce GHG emissions. To effectively reduce emissions, the first step is to quantify them. To simplify the complexity of calculating emissions, the widely used GHG Protocol categorizes emissions into three distinct scopes: - Scope 1: Direct emissions – from sources owned or controlled by the company. - Scope 2: Indirect emissions – from the generation of purchased electricity. - Scope 3: Other indirect emissions – from the company’s value chain, including Upstream Activities (e.g., supplier operations) and Downstream Activities(e.g., product use and disposal). The figure below (Source: Net0) illustrates the sources for each scope. By quantifying emissions across these scopes, companies can calculate their total carbon footprint and gain essential insights for developing effective mitigation strategies. Understanding this data is a key step towards achieving sustainability and combating climate change. Here are some hashtag suggestions for your post: #ClimateAction #Sustainability #GHGEmissions #CarbonFootprint #GHGProtocol #NetZero #ClimateChange #SustainableBusiness #EnvironmentalImpact #GreenhouseGases #IndustrialEmissions #ScopeEmissions #MitigationStrategies #SustainabilityGoals #CorporateResponsibility

As companies work to reduce their carbon footprint, carbon offsetting and carbon insetting are two key strategies. Offsetting invests in external projects like reforestation, while insetting focuses on reducing emissions within a company’s supply chain and operations. While both aim to mitigate environmental impact, insetting offers a more integrated approach, aligning directly with business practices. Understanding these strategies is crucial for achieving sustainable, long-term carbon reduction. #Sustainability #CarbonOffsetting #CarbonInsetting #ClimateAction #LowCarbonFuture #BusinessStrategy

We recently had the privilege of conducting a training session for Bursa Malaysia on the Introduction to ISO 14044:2006, a cornerstone standard for Life Cycle Assessment (LCA). LCA plays a pivotal role in sustainability by providing a comprehensive framework to evaluate the environmental impacts of products and services throughout their life cycle—from raw material extraction to disposal. This methodology enables organizations to identify hotspots, make informed decisions, and drive sustainable practices that align with global environmental goals. One of the key challenges during the training was addressing the complexity of ISO 14044:2006. Translating such a detailed and technical standard into practical, actionable insights required careful explanation and contextualization. Our goal was to ensure that participants not only understood the theoretical aspects of LCA but could also see its practical applications in their sustainability initiatives. We are thrilled to have supported Bursa Malaysia in advancing their understanding of LCA, further reinforcing their leadership in promoting sustainability within the financial and corporate sectors.

As 2024 draws to a close, GTS is delighted to reflect on its continued collaboration with the Aluminium Company of Malaysia (ALCOM), a partnership that has flourished since its inception in 2023. Over the past two years, this collaboration has fostered impactful engagements, including training programs tailored for ALCOM's HR team, focusing on sustainability and ESG principles. These initiatives have not only strengthened ALCOM’s capacity to integrate sustainable practices into their operations but have also reinforced our shared commitment to driving positive environmental and social impact within the industry. GTS looks forward to further deepening this partnership and continuing to support ALCOM in achieving its sustainability goals in the years to come.

🌍 Just completed a training session for Bursa Malaysia, organized by Bureau Veritas Group (Malaysia), at the iconic Bursa Malaysia building in Kuala Lumpur. The course, titled “Introduction of ISO 14044:2006 / AMD 2:2020 Life Cycle Assessment (LCA)”, brought together a group of enthusiastic participants who are all sustainability experts and practitioners. The discussions were lively, the energy was high, and it was inspiring to witness such dedication to advancing the sustainability agenda. It’s a privilege to work alongside professionals who are passionate about making a difference for our planet. 💡 Let’s continue to push boundaries and drive meaningful change for a sustainable future. Remember, every step counts when it comes to protecting our environment. Thank you to Bursa Malaysia and Bureau Veritas Malaysia for making this impactful session possible. Together, we can lead the way in embedding sustainability in our practices! 💚 Kamal Afiq #Sustainability #LifeCycleAssessment #ISO14044 #Training #SustainablePractices #BursaMalaysia #DrivingChange #SustainabilityAgenda

A carbon footprint measures greenhouse gas emissions from human activities, highlighting their environmental impact. From driving to manufacturing, it covers both direct and indirect emissions. By quantifying carbon footprints, we can identify emission sources, set reduction targets, and align with global climate goals. Solutions range from using public transport to adopting renewable energy, driving progress toward net-zero emissions. Policymakers and businesses play vital roles by fostering low-carbon technologies and implementing tailored strategies, ensuring a sustainable future and effectively combating climate change. #CarbonFootprint #Sustainability #ClimateAction #NetZero #EnvironmentalStewardship

In the fight against climate change, carbon credits and carbon offsets are key tools, but they serve distinct purposes: ▶️ Carbon Credits: Tradable permits allowing the emission of a specified amount of CO₂, typically one metric ton. ▶️ Carbon Offsets: Projects like reforestation or renewable energy initiatives that reduce or remove an equivalent amount of CO₂ from the atmosphere. Both are crucial for achieving emission reduction targets, but knowing their roles helps organizations craft effective, sustainable strategies aligned with global goals. #Sustainability #CarbonCredits #CarbonOffsets #ClimateAction #GHGReduction

The energy transition is guided by 8 foundational pillars, ranging from technological innovation to renewable energy integration. Together, these pillars are driving global efforts to create a cleaner, more resilient energy system. Explore how these elements—like smart grids, energy storage solutions, and policy support—are transforming industries and empowering communities to thrive sustainably. Let’s work together toward a future where progress and sustainability go hand in hand! #EnergyTransition #Sustainability #CleanEnergy #Decarbonization #RenewableEnergy