The Energy Commission and SME Corp. Malaysia have inked a Memorandum of Understanding (MoU) today to bolster support for the nation’s Small and Medium Enterprises (SMEs), in terms of joint implementation of development activities tailored for MSMES as well as the exchange and dissemination of information to stakeholders. This exchange aims to ensure the effective implementation of agreed-upon policies and programs.

Commenting on the occasion, EC Chief Executive Officer, Datuk Ir. Ts Abdul Razib bin Dawood, expressed optimism that the signing of the MoU would further elevate the partnership between both parties, particularly in the realm of MSME development programs. These programs include initiatives focused on energy efficiency awareness and electrical and gas pipeline safety among MSMEs.

SME Corp. Malaysia, Chief Executive Officer, Rizal Nainy highlighted SME Corp.’s role as the central coordinating agency in MSME development.

He emphasised the agency’s commitment to raising awareness about energy efficiency programs through collaboration with relevant ministries and agencies.

Energy management stands as a fundamental indicator in assessing Environmental, Social, and Governance (ESG) practices among MSMEs, based on the Rapid ESG Guidelines for MSMEs launched by Deputy Prime Minister, Datuk Seri Dr. Ahmad Zahid Hamidi on February 5, 2024. --Business Today