As Environment and Social Government (ESG) becomes an important idea for Malaysia and worldwide businesses, many companies are re-examining how their day-to-day operations align with long-term stability goals.
In this process, a region is often an area of industrial asset disposal, which is the management of equipment, machinery and other capital goods, when they reach the end of their productive life. Today, the way companies settle their industrial property, it is becoming a new border in the ESG performance, and the people leading the shift are searching for unexpected economic and environmental returns.
Traditionally seen as a backand administrative function, the asset disposal is now emerging as an important piece of ESG puzzle. As Malaysia moves towards its national goal of carbon neutrality by 2050, supported by structures such as National Energy Infection Roadmap (NETR) and Green Technology Master Plan, businesses are expected to make meaningful contribution only through resource efficiency, waste deficiencies and circular economy practices.
Rabbing disposal as a strategic ESG liver
Traditional approach to asset disposals – where decomination or surplus equipment is left to deteriorate or to be sent to landfill – losing ground rapidly. Businesses are rethinking the end of the end of the life of their devices today, identifying it as an important opportunity to advance ESG commitments, fix economic value and reduce environmental impact.
This mentality is closely associated with global speed behind shift circular economy principles, now receiving traction in major industrial areas of Malaysia such as oil and gas, construction and manufacturing. Locally, e-waste recovery initiatives have displayed how cross-sector cooperation can lead to impressive results. For example, public-private recycling campaigns have successfully collected thousands of electronic devices and diverted a ton of dangerous material from landfill through accessible collection models, including door-to-door pickup and postal returns.
Large-scale, integrated waste management facilities in the country are proving how infrastructure-leading solutions can address the needs of complex disposal by furthering the national stability targets. These development shows a comprehensive awareness that the responsible decomation is not just an operational requirement-this is a strategic liver for ESG-driven change.
Measuring effect
Transparency and traceability in ESG have become non-creators. Bursa Malaysia’s 2024 stability reporting guide strongly encourages result-based reporting, where companies will have to return their ESG narratives with quantitative results, including lack of emissions, waste minimalization and average resource efficiency (page 43).
For example, a Malaysian Industrial Assets Settlement Forum Bidmiceet has begun embedding in its digital offering carbon savings metrics, asset lifestyles tracking, and audit-compulsion disposal reports. This enables businesses not only to track disposal results, but also enables the consistency disclosure of the bursa to align and future-proof of their operations.
Recent community level efforts show more to this change: Ipoh City Council collected 25 tonnes of e-waste in only five months (Jan-Mai 2024), while the Sarki district saw a growth of 52% in its 3R and e-west operations operated by 52%. This movement is growing from boardrooms to municipal councils.
Empowering SME and local industry
Circular practices in asset disposal are not just a large business concern. SMEs, which are responsible for more than 97% of business installations in Malaysia, stand to achieve significant economic values from access to pre -owned industrial equipment. These accesses generally allow small firms to upgrade or expand without heavy capital outlay associated with new machinery. Platforms such as bidmiceet are helping to democratization by reducing unnecessary waste, by facilitating resale, reallocation, and responsible decommissioning responsible.
Technology as an environment
From blockchain-competent traceability to integrated reporting dashboard, there is a revolution in digital techniques how to handle the assets of life. Online auction systems, real -time property tracking, and automated documents are making the disposal process more accountable and efficient.
These progressives allow businesses to align operation with ESG benchmarks, usually reduced costs and efforts associated with compliance. It also opens a data trail that can rely on investors, regulators and internal stakeholders.
conclusion
Stability in industrial operations no longer starts and ends with energy savings or emission goals. This incorporates the full life cycle of the property, from the acquisition to the retirement responsible. Like ESG expectations increase and take rooting the principles of circular economy, businesses in Malaysia should consider property disposal as a strategic priority.
Equipment and guidance are now in place, with platforms such as bidmiceet and clear regulator roadmap from Barsa Malaysia. The next step is with companies – to work, to adapt, and to lead responsibly. Property disposal responsible is no longer a compliance work; This is a competitive advantage.
it The article is contributed by Jeevan Muniani, co-founder of Bidmyasset.
