Mydin Mohamed Holdings, a local hypermarket chain, is planning to install solar panels at 15 of its outlets across the country to support the government’s commitment to a greener, sustainable future.
This initiative is part of Mydin’s newly launched Mydin Prihatin #forfuture program, which aims to encourage the adoption of environmentally conscious, socially responsible, and well-governed (ESG) practices within its organization, among its customers, and across the industry.
Nik Nazmi Nik Ahmad, the Minister of Natural Resources, Environment, and Climate Change, praised Mydin’s dedication to sustainability and emphasized the significance of their efforts in contributing to a sustainable future for Malaysia.
He emphasized that Mydin’s dedication to environmental protection is crucial for both business expansion and tackling climate change. ESG principles have become crucial for global investors in their decision-making process. Mydin’s commitment should serve as an example for other organizations, encouraging them to prioritize ESG practices for a better future for generations to come.
In partnership with GSPARX Sdn Bhd, a wholly-owned subsidiary of Tenaga Nasional Berhad, the installation of solar panels is expected to be completed by 2025. These solar panels are projected to reduce carbon emissions at Mydin’s 15 outlets by 20,643 metric tonnes annually, which is equivalent to planting approximately 639,918 trees each year, as per Datuk Wira Ameer Ali Mydin, the managing director of Mydin.
This initiative aligns with Mydin’s goal to achieve a 15% reduction in energy consumption and carbon emissions by the year 2030. Additionally, the company aims to reduce excessive waste by 50% and explore further measures to minimize plastic usage by the same year.