Uni students win big at Hong Leong Bank’s generative AI hackathon

‘Can You Hack It’ saw solutions to improve customer & workplace experience
Alignment with HLB brand values which strongly promote a culture of innovation

Hong Leong Bank (HLB) organized Malaysia’s first Generative AI-themed hackathon in Dec, with its sixth annual ‘HLB Can You Hack It’ hackathon. With 90 teams of students, fresh graduates,…Continue Reading

Appointment of Anil Singh Gill as Chief Sustainability Officer for Silverlake Axis

Previously served as the group CRO & Senior EVP for Strategic Finance
Appointment highlights group’s commitment to sustainable, long-term business value creation

Singapore mainboard-listed fintech and digital banking solutions provider Silverlake Axis (SAL) has announced the appointment of Anil Singh Gill (pic) as chief sustainability officer. This appointment solidifies the group’s commitment to…Continue Reading

Chulalongkorn U tops Thai sustainability rankings

The University of Toronto is at the top of the list of universities in the world that address economic, cultural, and management issues.

Chulalongkorn U tops Thai sustainability rankings
On the Bangkok school of Chulalongkorn University Centenary Park, water turbines both clear the water and produce electricity.

According to the QS World University Rankings: Sustainability 2024, Chulalongkorn University is ranked second in Thailand for social and environmental sustainability.

The QS Sustainability Rankings 2024 feature 1, 397 universities and are based on metrics intended to gauge an institution’s capacity to address the biggest environmental, social, and governance ( ESG) challenges in the world.

The University of Toronto in Canada came in second overall, followed by the Universities of Manchester in England and California Berkeley in the US.

For the study, thirteen Thai colleges were evaluated. Their positions in the nation ( placed globally in parentheses ) are as follows:

  1. ( 197 ) Chulalongkorn University
  2. University of Mahidol ( 277 )
  3. University of Chiang Mai ( 283 ).
  4. Thonburi’s University of Technology under King Mongkut ( 361 )
  5. University of Kasetsart ( 417 )
  6. ( 419 ) Thammasat University
  7. University of Khon Kaen ( 433 )
  8. Songkla University’s Prince ( 502 )
  9. ( 781 ) Asian Institute of Technology
  10. University of Naresuan ( 1, 101 )

Srinakharinwirot, Suranaree University of Technology, and Walailak were the other three Thai institutions, ranking combined first and 201st globally.

    Website for Chulalongkorn University Conservation

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China’s dominance in green energy is beacon for investors

As 70,000 political and business leaders, diplomats, financiers and activists have flown to Dubai to talk about ways to avoid environmental disaster due to climate change at COP28, the annual international climate summit convened by the UN, China has emerged as a global leader in renewable energy.

With an impressive surge in clean energy infrastructure, China now boasts more significant solar generating capacity than the rest of the world combined. 

This remarkable feat not only positions the country of 1.4 billion people as a pioneer in sustainable energy, but also signals a promising future that is likely to attract investors from around the globe.

However, China remains by far the world’s biggest carbon-dioxide polluter, pumping out nearly a third of annual emissions, or more than the US, the European Union, and Africa combined.

But despite this, the People’s Republic’s commitment to renewable energy is evident in the rapid expansion of its solar and wind power capacities. 

The country has strategically invested in the development of large-scale solar farms, harnessing the abundant sunlight across its vast landscapes. 

The result is a substantial increase in solar energy production, outpacing any other nation on Earth. Wind power has also seen significant growth, with the construction of expansive wind farms contributing to the diversification of China’s clean energy portfolio.

The country’s success in renewable energy is not solely attributed to its scale of production but also to its relentless pursuit of technological advancements and innovation. 

It has invested heavily in research and development, generating breakthroughs in solar-panel efficiency, energy storage solutions, and smart grid technologies. 

These innovations have not only improved the overall effectiveness of renewable energy systems but have also made them more economically viable, further enticing investors from around the world seeking sustainable and profitable opportunities.

The government has also set aggressive goals to increase the share of renewable energy in its overall energy mix, aiming to peak carbon emissions by 2030 and achieve carbon neutrality by 2060. 

Such long-term objectives provide a stable and predictable regulatory environment, reducing uncertainties for investors. 

ESG investment

Additionally, Beijing’s willingness to offer financial incentives and subsidies for renewable projects enhances the attractiveness of the sector for both domestic and international investors seeking to boost the ESG-oriented (environmental, social and governance) investments in their portfolios.

People are increasingly drawn to ESG investments for a multitude of reasons, spanning ethical considerations to financial prudence.

Investors are increasingly aware that their capital can be a force for positive change. ESG investments allow them to channel funds toward companies that actively contribute to a sustainable and socially responsible future.

Far from being a sacrifice for the moral high ground, ESG investments are proving to be financially astute. 

Numerous studies suggest that companies with high ESG scores tend to outperform the market; and Reuters has reported that ESG-positive funds outperformed globally over five years.

Not only are companies with high ESG ratings often better positioned to weather market volatility and capitalize on emerging opportunities, ESG factors are increasingly recognized as critical elements in risk assessment. 

Companies with robust environmental, social, and governance practices are better equipped to navigate regulatory changes, reputational risks, and operational challenges. Investors are, therefore, drawn to ESG investments as a way of fortifying their portfolios against unforeseen risks.

As such, China’s advances in the area of green energy position it to be extremely attractive for investors moving forward – something that delegates at COP28 will inevitably discuss.

Nigel Green is founder and CEO of deVere Group. Follow him on Twitter @nigeljgreen.

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95% of Malaysian companies have established sustainability goals but only half have implemented plans: Survey

44% of them are driven by an increase in business opportunities
Poor incentives/ low return on investment is key barrier to implementing sustainability

Although 95% of companies in Malaysia have established sustainability goals or targets, only half (49%) have implemented or are currently practising a comprehensive sustainability strategy. This is according to the…Continue Reading

Technology and AI to lead talent demand drive in 2024

24% currently use AI models to replace routine or administrative tasks.
79% of employees seek new roles for career progression in the next 12 months

While the demand for top talent will remain strong across all industries in 2024, the increased use of digital and generative AI in companies, along with a growing…Continue Reading

Pioneering sustainable data centres in Cyberjaya

Emphasises the necessity of a holistic, balanced development plan for Cyberjaya
Address emission, and resource concerns as data centers integrate AI into working cultures

During Cyberview’s InnoEx, an inaugural innovation expo event held in Cyberjaya last September, Prime Minister Anwar Ibrahim’s speech highlighted the city’s potential to become the preferred investment location for…Continue Reading