Roggiolani says a survey shows 70% of large corporate and mid-sized companies find it a major issue to obtain funding or financing for ESG and sustainability-related expenses.
Grundfos senior regional sales director for domestic building services for Asia-Pacific & China and country director Giancarlo Roggiolani said 70% of large corporate and mid-sized companies find it a major issue to obtain funding or financing for ESG and sustainability-related expenses, according to a survey of 300 companies across the world, including from Malaysia.
“This represents a vital opportunity for businesses to enable Malaysia to reach its net-zero goal by 2050 by transitioning to low-carbon and sustainable practices, drive innovation, and contribute to a more sustainable future,” he said. Grundfos is the first water sector organisation in the world to receive approval of net-zero goals from the Science-Based Targets initiative, and in the top five Danish businesses to take leadership in this area.
To save water, he added, it utilises rainwater harvesting to provide water used at on-site facilities such as washing bay, wastewater testing bay, clean water testing bay and water fountain. To support its water needs, it has upgraded its rainwater harvesting tank from a capacity of 1,000 litres in 2021/2022 to 6,500 litres in 2023.
Another key challenge faced by the region, he added, is the threat of flooding. Flooding is the most common natural disaster faced in Southeast Asia, with 13% of the region’s population exposed to the threat.