Achieving Economic Sustainability

Economic sustainability is the practices that support long-term growth without hindering future generations' needs. It maintains economic health while conserving resources, promoting social equity, and building resilience to environmental and economic shocks.

By adopting sustainable practices, businesses and societies can ensure ongoing prosperity, stability, and a better quality of life for all.

By setting goals for stable production and considering environmental effects, we ensure the well-being of future generations. Achieving sustainable prosperity requires managing social, environmental, and cultural aspects harmoniously.

Economic Sustainability in Malaysia

Malaysia, a dynamic Southeast Asian country, has seen significant global and local economic growth over the past few decades. However, the government understands the importance of balancing this growth with genuine economic sustainability to ensure long-term prosperity.

Factors of Economic Sustainability 

• Renewable Energy: The Malaysian government is encouraging renewable energy production to reduce fossil fuels reliance and lower carbon emissions by investing in solar, wind, and hydroelectric power. This promotes sustainable energy solutions in the national power supply.
• Environmental Conservation: Malaysia is moving to prioritise forest conservation and biodiversity to ensure sustainable growth. This includes measures for conserving threatened species and maintaining a balanced ecosystem, supported by a comprehensive environmental conservation policy.
• Economic Policies: Malaysia is actively implementing policies for sustainable economic development to ensure the long-term preservation of natural resources. Key strategies include:
  • Promoting the wise and proper use of land.
  • Implementing appropriate water management practices.
  • Establishing sustainable farming methods.
• Technological Innovation: Embracing green technologies and advancements is vital for Malaysia's sustainable economy. Investing in clean energy, efficient waste management, and tech-friendly production can reduce environmental impact and boost efficiency, fostering conservation, new investments, economic growth, and job creation.

Positive Effects of Economic Sustainability

Economic sustainability is vital for Malaysia's long-term growth, ensuring stability through resource preservation and ecological balance. Sustainable practices enhance quality of life by improving living standards, public health, and social welfare.

Malaysia's commitment to global sustainability aligns with UN SDGs, boosting its international reputation. Protecting the environment and biodiversity through conservation is essential for ecological balance.

A sustainable economy helps Malaysia adapt to global changes and attract green investments, driving growth and innovation.

Economic Sustainability with Ajinomoto Malaysia

Our commitment to reducing environmental impact by 50% is focused on four key areas: greenhouse gases, food loss and waste, plastic waste, and sustainable procurement. We have set ambitious targets to address these challenges.

By 2030, we aim to cut carbon emissions by 80% through initiatives such as the introduction of solar panels and the replacement of light fuel oil with natural gas. Additionally, we are committed to achieving zero plastic waste production by promoting mono-materialisation.

For food loss, our target is a 50% reduction by 2025, which will be achieved by optimising food usage and minimising food waste to reduce environmental impact. These measures reflect our dedication to responding to climate change and fostering a sustainable future.