Businesses need to be ready for EU’s carbon rules

The European Commission is considering the expansion of the CBAM’s scope to include a broader range of goods currently under the EU ETS, as well as products such as glass, paper and chemicals. — Bloomberg

OVER the last year, we have seen the rollout of sustainability policies and strategies by the Malaysian government, including the New Energy Transition Roadmap (NETR).

The NETR will be accompanied by various complementary plans including the Long-Term Low Emissions Development Strategies (LT-LEDS), the Carbon Pricing Instrument and various other industry masterplans and roadmaps.