Malaysia Aviation Group (MAG) has joined the United Nations Global Compact (UNGC). This global initiative promotes responsible business practices and the advancement of the Sustainable Development Goals (SDGs) to advance sustainability efforts across the organisation.
The UNGC Ten Principles, which set forth the organisation’s core values regarding human rights, labour, the environment, and anti-corruption, guide MAG’s activities and initiatives. An aviation firm in Malaysia has joined this effort for the first time.
MAG will gain access to resources and tools for local and global sustainability through this global initiative; and the implementation of programs for culture and talent development, including the inclusion of the UN Global Compact Academy in the learning curriculum to deepen Group-wide engagements in sustainability and raise awareness.
The UNGC Ten Principles
A company’s value system and a business strategy based on principles are the foundations of corporate sustainability. This means carrying out business in ways that, at a minimum, comply with fundamental responsibilities in the areas of labour, the environment, human rights, and fighting corruption. Businesses that are responsible adhere to the same values and principles wherever they operate and are aware that good practices in one area cannot compensate for bad practices in another. Companies are not only upholding their fundamental responsibilities to people and the environment but also laying the groundwork for long-term success by incorporating the Ten Principles of the UN Global Compact into strategies, policies, and procedures and fostering a culture of integrity.
UN Global Compact Academy
The UN Global Compact’s digital learning platform, The Academy, equips business executives and professionals with practical skills to help organisations implement the UN Global Compact’s Ten Principles and the Sustainable Development Goals more effectively. The Academy provides businesses with practical insights and best practices relevant to your unique challenges and needs, regardless of corporate role or where you are on your sustainable path, through creative learning experiences across key themes and languages.
Featuring e-learning programmes, lesson plans, and important manuals that will enable you to learn important sustainability ideas whenever and wherever you want. The public can access the e-learning courses listed below:
- How to comprehend and implement the global goals
- Gender equality: accelerating change through business
- Establishing goals based on science
- A standard known as Net-Zero
- Human rights and business
- Promoting fair employment practises under the UN Global Compact Labour Principles
To achieve net-zero from the ground up through the adoption of fuel efficiency initiatives like Sustainable Aviation Fuel in all of its activities, the MAG will focus on four (4) objectives in the near future. The Carbon Accounting project, along with the installation of solar panels, the fleet renewal programme, and the fuel efficiency plan, is another initiative that aids in the development of a decarbonisation strategy and mitigation plan by tracking the Group’s GHG emissions. Using waste management practises and electric vehicles to reduce ground carbon emissions in the near future.
Final Statements and Commitment
The Group has continued to accelerate its Sustainability Blueprint agenda in all sectors ever since the project’s launch in April 2021, inspiring positive change through various initiatives. These initiatives support the 13th Sustainable Development Goal (SDG), Climate Action, as well as three additional SDGs: Goals 5 (Gender Equality), 7 (Affordable and Clean Energy), and 12 (Responsible Consumption and Production) are all related to energy efficiency.
UN Global Compact Network Malaysia & Brunei’s (UNGCMYB) Executive Director Faroze Nadar said
“We are delighted to welcome Malaysia Aviation Group (MAG) to the United Nations Global Compact. As a sector that plays a critical role in connecting people and driving economic growth, the aviation industry has a unique opportunity to lead the way in sustainable business practices. We look forward to working together to create a more sustainable future for all.”
In keeping with its commitment to IATA’s 25by2025 programme to develop and increase female representation within its organisation and the broader aviation sector, the Group is also dedicated to improving the number of female employees in technical roles and lowering pay disparity. In keeping with its commitment to fostering socioeconomic development underpinned by solid good governance, the Group has also integrated sustainable practices into its everyday business operations and worked with stakeholders and partners from the ecosystems to address long-term business challenges in the future.
MAG’s Group chief executive officer, Captain Izham Ismail, said,
“We are pleased to join the United Nations Global Compact to strengthen our commitment in adopting sustainable business practices, joining a growing list of more than 20,000 companies in over 160 countries who have committed to the UNGC’s Ten Principles and share the same values and goals for a sustainable future. Beyond achieving our net-zero goal, we believe that partnerships and collaborations will be essential to propelling our efforts holistically and delivering a positive impact on the environment, society, and governance, and chart our way forward for long-term success.”
For more information on how to be a part of the Global Compact Network, click this link.