Malaysia Building Society Berhad (MBSB) is a leading financial institution in Malaysia that operates in the commercial finance sector. The company was established in 1950 and has since grown to become one of the most trusted and respected financial institutions in the country. MBSB's core business is to provide financial services to individuals and businesses, including personal loans, housing loans, commercial loans, and corporate financing.

In recent years, MBSB has taken a proactive approach towards decarbonisation and renewable energy. The company recognizes the importance of reducing its carbon footprint and supporting the transition to a low-carbon economy. To achieve this goal, MBSB has implemented several initiatives to reduce its energy consumption and increase the use of renewable energy.

One of the key initiatives that MBSB has implemented is the Corporate Energy Management Program (CEMP). The CEMP is a comprehensive program that aims to reduce the company's energy consumption and improve its energy efficiency. The program includes several measures such as energy audits, energy-efficient lighting, and HVAC systems, and the installation of renewable energy systems such as solar panels.

MBSB has also implemented a Corporate Power Purchase Agreement (PPA) for renewable energy. A PPA is an agreement between a company and a renewable energy provider, where the company agrees to purchase a certain amount of renewable energy from the provider. MBSB's Corporate PPA is with a local solar energy provider, and the company has committed to purchasing a significant amount of renewable energy from them over the next few years. This initiative not only helps MBSB to reduce its carbon footprint but also supports the development of the local renewable energy industry.

MBSB has also invested in renewable energy projects. The company has provided financing for several renewable energy projects, including solar and wind power projects. By investing in these projects, MBSB is supporting the development of the renewable energy industry in Malaysia and contributing to the country's transition to a low-carbon economy.

In addition to its efforts towards decarbonisation and renewable energy, MBSB also places a strong emphasis on corporate social responsibility (CSR). The company has implemented several CSR initiatives, including community outreach programs, environmental conservation programs, and employee volunteer programs. MBSB's CSR initiatives are aligned with the United Nations Sustainable Development Goals (SDGs), and the company is committed to contributing to the achievement of these goals.

MBSB's commitment to decarbonisation, renewable energy, and CSR has been recognized by various organizations. The company has received several awards and accolades for its efforts towards sustainability, including the Malaysia Energy Awards, the ASEAN Corporate Sustainability Awards, and the Global CSR Awards.

In conclusion, Malaysia Building Society Berhad is a leading financial institution in Malaysia that operates in the commercial finance sector. The company has taken a proactive approach towards decarbonisation and renewable energy, implementing several initiatives to reduce its energy consumption and increase the use of renewable energy. MBSB's commitment to sustainability is also reflected in its strong emphasis on corporate social responsibility. The company's efforts towards sustainability have been recognized by various organizations, and MBSB is committed to continuing its efforts towards a more sustainable future.