{"id":15033,"date":"2024-08-01T14:49:32","date_gmt":"2024-08-01T06:49:32","guid":{"rendered":"https:\/\/www.mydigital.gov.my\/?p=15033"},"modified":"2024-11-07T21:49:06","modified_gmt":"2024-11-07T13:49:06","slug":"mycentre4ir-and-bursa-malaysia-co-launch-global-innovation-challenge-to-accelerate-esg-advancement-with-digital-solutions","status":"publish","type":"post","link":"https:\/\/www.mydigital.gov.my\/bm\/mycentre4ir-and-bursa-malaysia-co-launch-global-innovation-challenge-to-accelerate-esg-advancement-with-digital-solutions\/","title":{"rendered":"MYCentre4IR and Bursa Malaysia Co-Launch Global Innovation Challenge to Accelerate ESG Advancement with Digital Solutions"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"15033\" class=\"elementor elementor-15033\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3d042da main-page-title e-flex e-con-boxed e-con e-parent\" data-id=\"3d042da\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;background_motion_fx_motion_fx_scrolling&quot;:&quot;yes&quot;,&quot;background_motion_fx_translateY_effect&quot;:&quot;yes&quot;,&quot;background_motion_fx_translateY_speed&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:4,&quot;sizes&quot;:[]},&quot;background_motion_fx_translateY_affectedRange&quot;:{&quot;unit&quot;:&quot;%&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:{&quot;start&quot;:0,&quot;end&quot;:100}},&quot;background_motion_fx_devices&quot;:[&quot;desktop&quot;,&quot;tablet&quot;,&quot;mobile&quot;]}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-0d6c836 e-con-full e-flex e-con e-parent\" data-id=\"0d6c836\" data-element_type=\"container\" data-settings=\"{&quot;position&quot;:&quot;absolute&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-0ec5547 elementor-widget elementor-widget-ld_particles\" data-id=\"0ec5547\" data-element_type=\"widget\" data-widget_type=\"ld_particles.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n\t\t<div class=\"ld-particles-container pos-rel w-100   lqd-particle-618b615377878\">\n\t\t\t<div class=\"ld-particles-inner lqd-overlay pointer-events-none\" id=\"lqd-particle-618b615377878\" data-particles=\"true\" data-particles-options='{\"particles\":{\"number\":{\"value\":25},\"color\":{\"value\":[\"#FDA44C\",\"#604CFD\",\"#0FBBB4\",\"#F85976\"]},\"shape\":{\"type\":[\"circle\"]},\"opacity\":{\"value\":1},\"size\":{\"value\":4},\"move\":{\"enable\":true,\"direction\":\"none\",\"out_mode\":\"bounce\"}},\"interactivity\":[],\"retina_detect\":true}'><\/div>\t\n\t\t<\/div>\n\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-4bab129 e-con-full e-flex e-con e-parent\" data-id=\"4bab129\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-36b9f2e elementor-widget elementor-widget-hub_fancy_heading\" data-id=\"36b9f2e\" data-element_type=\"widget\" data-widget_type=\"hub_fancy_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n\t\t<div id=\"ld-fancy-heading-6a5ab9600908a\" class=\"ld-fancy-heading pos-rel\">\n\t\t\t<h2 class=\"ld-fh-element d-inline-block pos-rel  elementor-heading-title lqd-highlight-classic lqd-highlight-grow-left h2\"  > MYCentre4IR and Bursa Malaysia Co-Launch Global Innovation Challenge to Accelerate ESG Advancement with Digital Solutions<\/h2>\t\t<\/div>\n\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-11b8fcae page-breadcrumb e-flex e-con-boxed e-con e-parent\" data-id=\"11b8fcae\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-402381a0 page-breadcrumb e-flex e-con-boxed e-con e-parent\" data-id=\"402381a0\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-250395c5 elementor-widget elementor-widget-ld_breadcrumb\" data-id=\"250395c5\" data-element_type=\"widget\" data-widget_type=\"ld_breadcrumb.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"lqd-breadcrumb-wrapper\"><nav role=\"navigation\" aria-label=\"Breadcrumbs\" class=\"breadcrumbs\"><ol class=\"breadcrumb reset-ul inline-nav inline-ul comma-sep-li\"><li class=\"breadcrumb-item active\"><a href=\"https:\/\/www.mydigital.gov.my\/bm\" rel=\"home\"><span>Laman Utama<\/span><\/a><\/li><\/ol><\/nav><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-91de357 e-flex e-con-boxed e-con e-parent\" data-id=\"91de357\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-1842677 e-con-full e-flex e-con e-parent\" data-id=\"1842677\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3131ce1 elementor-widget elementor-widget-hub_fancy_heading\" data-id=\"3131ce1\" data-element_type=\"widget\" data-widget_type=\"hub_fancy_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n\t\t<div id=\"ld-fancy-heading-6a5ab9600b58f\" class=\"ld-fancy-heading pos-rel\">\n\t\t\t<h4 class=\"ld-fh-element d-inline-block pos-rel  elementor-heading-title lqd-highlight-classic lqd-highlight-grow-left h4\"  > <b>MYCentre4IR and Bursa Malaysia Co-Launch Global Innovation Challenge to Accelerate ESG Advancement with Digital Solutions<\/b>  \n<\/h4>\t\t<\/div>\n\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-27482ce elementor-widget elementor-widget-text-editor\" data-id=\"27482ce\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>Kuala Lumpur, 1 August 2024<\/strong> \u2013 The Malaysia Centre for the Fourth Industrial Revolution (MYCentre4IR) announces the launch of the <strong>Malaysia Centre4IR ESG Innovation Challenge <\/strong>(\u201cInnovation Challenge\u201d). In collaboration with Bursa Malaysia and powered by the World Economic Forum&#8217;s (\u201cThe Forum\u201d) UpLink platform, this initiative invites startups and entrepreneurs from Malaysia and around the globe to submit their cutting-edge digital solutions aimed at enhancing the Environmental, Social, and Governance (ESG) efforts of five Malaysian Public Listed Companies (PLCs)<sub style=\"vertical-align: top;\">1<\/sub> namely <strong>CJ Century Logistics Holdings Berhad, Globetronics Technology Berhad, Malayan Banking Berhad, REDtone Digital Berhad and Sunway Innovation Labs (representing Sunway Group).<\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-87b35ee elementor-widget elementor-widget-text-editor\" data-id=\"87b35ee\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>Empowering Innovators, Driving Change<\/strong><\/p><p>This Innovation Challenge seeks to connect bright minds and promising startups with Malaysian PLCs in diverse sectors such as agriculture, construction, financial services, logistics and manufacturing. The challenge aims to uncover innovative solutions that address industry challenges, thus potentially increasing business competitiveness and benefit businesses and the environment in Malaysia and beyond.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b463458 elementor-widget elementor-widget-text-editor\" data-id=\"b463458\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>Strategic<\/strong><strong> Collaboration<\/strong><span style=\"text-decoration: underline;\"><strong><br \/><\/strong><\/span><br \/>Partnering with Bursa Malaysia, one of Southeast Asia&#8217;s largest bourses<sub style=\"vertical-align: top;\">2<\/sub> , and powered by UpLink, The Forum\u2019s open innovation platform, this challenge leverages the strengths and networks of these prestigious organisations. The partnership with UpLink will enable the challenge to have global reach and attract high-calibre submissions from around the world. The Innovation Challenge aligns with Pillars 2, 4, and 5 of Bursa Malaysia\u2019s Public Listed Companies Transformation Programme<sub style=\"vertical-align: top;\">3<\/sub>, as it promotes the development and adoption of technologies that further ESG principles whilst providing a valuable opportunity for PLCs to explore Corporate Venture Capital (CVC) practices. This initiative not only supports startups and entrepreneurs but also aids PLCs in becoming more sustainable.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4e0d09a elementor-widget elementor-widget-text-editor\" data-id=\"4e0d09a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><sup>1. An <\/sup><sup>expression of interest was launched post an ESG Tech Based Innovation Workshop held at Bursa Malaysia and received interest from these five PLCs<\/sup><\/p><p><sup>2. More than 1,000 PLCs, the highest number of PLCs among exchanges in the region<\/sup><\/p><p><sup>3. The PLC Transformation Programme by Bursa Malaysia is underpinned by five pillars, which includes (1) Creating Purpose and Performance-Driven PLCs (2) Being Sustainable, Socially Responsible and Ethical PLCs; (3) Strengthening Stakeholder Management and Investor Relations (4) Being Digitally Enabled, and (5) Contributing towards Nation Building<\/sup><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-84f1852 elementor-widget elementor-widget-text-editor\" data-id=\"84f1852\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>Focus Areas<br \/><\/strong><br \/>With a focus on process automation and net-zero solutions, the Innovation Challenge centres on the following areas:<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-588e752 elementor-widget elementor-widget-text-editor\" data-id=\"588e752\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li><strong>CJ Century Logistics Holdings Berhad<\/strong><ul><li>Data collection for logistics fleet management<\/li><li>Predictive model for data analysis and sustainability planning<\/li><\/ul><\/li><li><strong>Globetronics Technology Berhad<\/strong><ul><li>Efficiency improvement in manufacturing<\/li><li>AI-assisted virtual production assistants<\/li><\/ul><\/li><li><strong>Malayan Banking Berhad<\/strong><ul><li>Building climate resilience: Opportunities in climate mitigation and adaptation<\/li><li>Waste to wealth: Helping SMEs generate savings on their recurring waste costs<\/li><\/ul><\/li><li><strong>REDtone Digital Berhad<\/strong><ul><li>Leveraging Internet of Things (IoT) for smarter Malaysian farms<\/li><li>Unlocking AI&#8217;s potential for Malaysian agriculture<\/li><\/ul><\/li><li><strong>Sunway Innovation Labs (representing Sunway Group)<\/strong><ul><li>Preventative health and well-being<\/li><li>Circular economy<\/li><\/ul><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bfa8d35 elementor-widget elementor-widget-text-editor\" data-id=\"bfa8d35\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>Application and Selection Process<\/strong><\/p><p><strong>Applications are now open via <\/strong><a href=\"https:\/\/uplink.weforum.org\/uplink\/s\/uplink-issue\/a00TE000007Prq2YAC\/malaysia-centreir-esg-innovation-challenge\"><strong>UpLink<\/strong><\/a><strong> and will close on 31 August 2024<\/strong>. A panel of industry experts and representatives from MYCentre4IR, Bursa Malaysia, and the World Economic Forum will evaluate the submissions. <strong>The Innovation Challenge will culminate with a Demo Day at Bursa Malaysia on 7 November 2024<\/strong>, where five of the most promising ideas will receive pilot project funding opportunities and access to a network of industry leaders and investors.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7879ca9 elementor-widget elementor-widget-text-editor\" data-id=\"7879ca9\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>For more information about the Malaysia Centre4IR ESG Innovation Challenge and how to participate, please visit the challenge page <a href=\"https:\/\/uplink.weforum.org\/uplink\/s\/uplink-issue\/a00TE000007Prq2YAC\/malaysia-centreir-esg-innovation-challenge\">here<\/a> or contact <a href=\"mailto:c4ir@mydigital.gov.my\">c4ir@mydigital.gov.my<\/a>.<\/p><p><strong>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e4e30a9 elementor-widget elementor-widget-text-editor\" data-id=\"e4e30a9\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p style=\"text-align: center;\">-END-<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5d6c73f elementor-widget elementor-widget-text-editor\" data-id=\"5d6c73f\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>Mengenai Malaysia Centre for the Fourth Industrial Revolution (MYCentre4IR)<\/strong><\/p><p>Hosted by MyDIGITAL Corporation (an agency under the Ministry of Digital) and in collaboration with the World Economic Forum (The Forum), the <strong>MYCentre4IR<\/strong> is the 1<sup>st <\/sup>centre in Southeast Asia and 19<sup>th<\/sup> in The Forum\u2019s global network. \u00a0It is a dynamic and forward-thinking platform designed to ignite innovation, facilitate policy development, and drive collaboration on a global scale. The partnership with The Forum provides access and connections to a vast pool of knowledge, best practices, and global insights from a network of like-minded organisations and countries, enabling learning and collaboration on cutting-edge projects.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8807a7f elementor-widget elementor-widget-text-editor\" data-id=\"8807a7f\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>About Bursa Malaysia<\/strong><\/p><p>Bursa Malaysia is an Exchange holding company incorporated in 1976 and listed in 2005. It has grown to be one of the largest bourses in ASEAN. Today, Bursa Malaysia operates and regulates a multi-asset exchange, offering a comprehensive range of investment, capital raising, and exchange-related facilities. Bursa Malaysia is committed to its mission of Creating Opportunities, Growing Value for the Malaysian capital market, economy, and society. Learn more at BursaMalaysia.com.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9553d5a elementor-hidden-desktop elementor-hidden-tablet elementor-hidden-mobile elementor-widget elementor-widget-text-editor\" data-id=\"9553d5a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<strong>Media Contact:<\/strong> \t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-751d785 e-con-full e-flex e-con e-parent\" data-id=\"751d785\" data-element_type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-4ed0537 e-flex e-con-boxed e-con e-parent\" data-id=\"4ed0537\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-d29d82a elementor-hidden-desktop elementor-hidden-tablet elementor-hidden-mobile elementor-widget elementor-widget-text-editor\" data-id=\"d29d82a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>MyDIGITAL Corporation<\/strong>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0\u00a0<br \/>Ellina Roslan\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0\u00a0<\/p><p>+6019 267 7077\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0\u00a0<\/p><p><a href=\"mailto:zeliza.zainoor@mydigital.gov.my\">zeliza.zainoor@mydigital.gov.my<\/a> \u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-cb5d7de e-flex e-con-boxed e-con e-parent\" data-id=\"cb5d7de\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-9835c9d elementor-hidden-desktop elementor-hidden-tablet elementor-hidden-mobile elementor-widget elementor-widget-text-editor\" data-id=\"9835c9d\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>Bursa Malaysia<\/strong>\u00a0 <br \/>Ashraff Taharem<\/p><p>+603-2034 7348 | +6019 269 0049<\/p><p><a href=\"mailto:ashrafft@bursamalaysia.com\">ashrafft@bursamalaysia.com<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>KUALA LUMPUR, 17 July 2023 \u2014 MyDIGITAL Corporation and Microsoft recently concluded their joint skilling pilot program through the MyDIGITAL<\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[],"class_list":["post-15033","post","type-post","status-publish","format-standard","hentry","category-27"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.3 - 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