Galaxy Tech Solutions (KL) Sdn. Bhd.

🌍 The Basics of Carbon Credits 🌱 What is a Carbon Credit? A carbon credit is a permit that represents the removal, reduction, or avoidance of one metric ton of carbon dioxide (CO₂) or its equivalent greenhouse gases (GHGs) from the atmosphere. These credits are part of efforts to address climate change and encourage businesses and individuals to reduce their environmental impact. How Does it Work? 1️⃣ Emissions Reduction: Projects like renewable energy, forest conservation, or clean cooking stoves reduce or capture greenhouse gases. 2️⃣ Certification: These projects are verified by organizations to ensure they meet strict standards for reducing emissions. 3️⃣ Credit Issuance: For every metric ton of emissions reduced, a project is awarded one carbon credit. 4️⃣ Trading or Offsetting: Companies, governments, or individuals can purchase these credits to offset their own emissions. Why Are Carbon Credits Important? Climate Change Mitigation: They help balance unavoidable emissions by funding sustainable projects. Encouraging Innovation: They incentivize investments in clean energy, reforestation, and other green technologies. Global Responsibility: They enable developed and developing countries to collaborate on climate solutions. Key Types of Carbon Markets 1️⃣ Compliance Market: Governments and industries are required to cap emissions, and they can trade carbon credits to meet their limits. 2️⃣ Voluntary Market: Individuals or companies voluntarily buy carbon credits to offset their emissions beyond regulatory requirements. Example in Action: A company that emits 10,000 metric tons of CO₂ annually can buy 10,000 carbon credits (from projects that reduce emissions) to become "carbon-neutral." Carbon credits are not a standalone solution but an essential part of a broader climate strategy that includes reducing emissions at their source. They provide an innovative way to achieve climate goals while supporting global sustainability projects.

Dearest Connections, Here’s some insight for this evening: As global efforts to combat climate change intensify, businesses are increasingly adopting strategies to reduce their carbon footprint. Among these approaches, carbon offsetting and carbon insetting have emerged as two distinct methods for managing emissions. Carbon offsetting involves compensating for emissions by investing in external projects, such as reforestation or renewable energy initiatives, often located far from a company’s direct operations. On the other hand, carbon insetting focuses on reducing emissions within a company's value chain, integrating sustainability efforts directly into its supply chain and operations. While both approaches aim to mitigate environmental impact, the key difference lies in their scope and alignment with business practices. Understanding the distinctions between these strategies is crucial for companies seeking to achieve meaningful and sustainable progress in their journey toward a low-carbon future. Digest more in this link: https://lnkd.in/gtYfFsz4. #Carbon #Emission #Sustainability #SDG #NetZero #GHG #ESG #ClimateAction #Intensity

🌍 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

💼 Yesterday, I had the privilege of conducting a transformative training session for the HR team of Aluminium Company of Malaysia (ALCOM) and Alcom Group Berhad at Wyndham Acmar Klang. The session, titled “Sustainability Leadership Program for HR Department: Calibrate People, Policies, and Purpose for Sustainable Impact”, was a key step in aligning HR practices with sustainability objectives. We were honored to have an inspiring opening speech by the Group CEO and President, Mr. Heon Chee Shyong, which set the tone for an engaging and impactful day. The session was highly interactive, culminating in the development of a 2025 roadmap for strategies and implementation that aims to drive real, sustainable change. 🌟 A big thank you to the HR team for their enthusiasm, insightful contributions, and commitment to making sustainability a core focus within the organization. It’s always rewarding to work with professionals who share a vision for a sustainable future. Let’s continue striving for impactful leadership and purpose-driven strategies! 🌍 #SustainabilityLeadership #HRExcellence #PeoplePoliciesPurpose #AlcomGroupBerhad #SustainabilityInAction #LeadershipDevelopment

The carbon footprint, a crucial metric measuring greenhouse gas emissions, reveals the environmental impact of human activities. It encompasses direct emissions like driving a car and indirect emissions such as manufacturing processes. Understanding this metric underscores the urgency for sustainability, crucial in combating climate change's adverse effects. By quantifying carbon footprints, individuals, businesses, and governments can pinpoint emission sources, set reduction targets, and track progress aligning with global climate goals. Strategies to reduce carbon footprints range from using public transport to investing in renewable energy sources, all contributing to environmental stewardship and achieving net-zero emissions. Addressing carbon footprints involves tailored strategies like transitioning to renewable energy and optimizing production processes. Policymakers also play a pivotal role by incentivizing low-carbon technologies and fostering international cooperation. These efforts promote accountability, empowering sectors to create a more sustainable future and combat climate change's impacts effectively. Join the sustainability movement and learn more about carbon footprints: https://lnkd.in/gAgWPZbt #carbonfootprint #sustainability #GHG #SDG #ESG #netzero #ClimateAction #ClimateEmergency #planetaryhealth #planetaryboundaries

Dearest Connections, Here’s some insight for this evening: In the global effort to address climate change, carbon credits, and carbon offsets have become essential tools for managing greenhouse gas emissions. Although the terms are often used interchangeably, they refer to different mechanisms within the carbon market. Carbon credits represent a tradable permit that allows the holder to emit a specified amount of carbon dioxide or equivalent gases, typically one metric ton. In contrast, carbon offsets are specific projects or activities, such as reforestation or renewable energy development, that aim to compensate for emissions by removing or reducing an equivalent amount of carbon from the atmosphere. Both play critical roles in achieving emission reduction targets, but understanding their distinct functions and applications is essential for organizations looking to align their environmental strategies with global sustainability goals. Digest more in this link: https://lnkd.in/g-pKJ3iy #CarbonCredit #CarbonOffset #Sustainability #NetZero #GHG #ClimateAction #SDG #ESG

8 Pillars of Energy Transition 🌍⚡ The future of energy is undergoing a transformative shift. As we move towards a more sustainable and resilient world, the energy transition is pivotal to reducing carbon footprints and driving innovation across industries. The 8 key pillars of the energy transition — from decarbonization to the circular economy — are shaping how we power our homes, businesses, and communities. Join me in exploring these pillars that will define the sustainable energy systems of tomorrow. 📍The journey toward a sustainable energy future is multi-faceted and requires a comprehensive approach. 📍The following are eight essential pillars for driving the energy transition forward ⬇️ ⬇️ #Sustainability #EnergyTransitions #Decarbonization #RenewableEnergy #GreenFuture #EnergyEfficiency #CircularEconomy #NetZero #ClimateAction

Dearest Connections, Let's delve into the realm of Corporate Sustainability: 𝐒𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐢𝐥𝐢𝐭𝐲 𝐃𝐫𝐢𝐯𝐞𝐬 𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧 Sustainability challenges companies to rethink processes and products, often leading to innovative solutions that differentiate them from competitors. 💡 What You Can Do: Foster a culture of innovation by integrating sustainability into your R&D efforts, and encourage your teams to think creatively about eco-friendly solutions. 𝐂𝐨𝐧𝐬𝐮𝐦𝐞𝐫𝐬 𝐃𝐞𝐦𝐚𝐧𝐝 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲 Today’s consumers are more informed and expect transparency from the brands they support. Companies that are open about their sustainability practices build trust and loyalty 💡 What You Can Do: Implement clear and honest communication strategies highlighting your sustainability initiatives, from sourcing materials to the end product. 𝐑𝐞𝐠𝐮𝐥𝐚𝐭𝐨𝐫𝐲 𝐂𝐨𝐦𝐩𝐥𝐢𝐚𝐧𝐜𝐞 𝐢𝐬 𝐄𝐯𝐨𝐥𝐯𝐢𝐧𝐠 Governments around the world are tightening regulations related to environmental impact and sustainability. Staying ahead of these regulations is crucial to avoid penalties and maintain your reputation. 💡 What You Can Do: Stay informed about emerging regulations and proactively adjust your sustainability strategies to ensure compliance. 𝐒𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐥𝐞 𝐒𝐮𝐩𝐩𝐥𝐲 𝐂𝐡𝐚𝐢𝐧𝐬 𝐚𝐫𝐞 𝐍𝐨𝐧-𝐍𝐞𝐠𝐨𝐭𝐢𝐚𝐛𝐥𝐞 A sustainable supply chain isn’t just about ethics; it’s about risk management. Companies that prioritize sustainability in their supply chains reduce the risk of disruptions and enhance brand reputation. 💡 What You Can Do: Evaluate your supply chain practices and work with suppliers who share your commitment to sustainability. Use technology to track and report on these efforts. 𝐄𝐦𝐩𝐥𝐨𝐲𝐞𝐞 𝐄𝐧𝐠𝐚𝐠𝐞𝐦𝐞𝐧𝐭 𝐢𝐬 𝐊𝐞𝐲 Employees who feel connected to their company’s sustainability goals are more motivated, productive, and loyal. Engaging your workforce in sustainability efforts can lead to innovative ideas and stronger commitment. 💡 What You Can Do: Create programs that encourage employees to participate in sustainability initiatives, such as idea challenges or sustainability-focused training sessions. 𝐒𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐢𝐥𝐢𝐭𝐲 𝐢𝐬 𝐚 𝐆𝐫𝐨𝐰𝐭𝐡 𝐃𝐫𝐢𝐯𝐞𝐫 Companies that lead in sustainability often see better financial performance, as they tap into new markets and meet the growing demand for sustainable products and services. 💡 What You Can Do: Align your business strategy with sustainability goals, ensuring that every aspect of your operations contributes to long-term growth and profitability. #CorporateSustainability #SustainableBusiness #ESG #CSR #SustainableDevelopment #GreenBusiness #EcoFriendly #ClimateAction #CircularEconomy #SustainableInnovation