SDG 7 – Affordable and clean energy
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Relevant SDG targets
7.2 By 2030, increase substantially the share of renewable energy in the global energy mix.
7.3 Double the global rate of improvement in energy efficiency by 2030.
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Sustainable Financing
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Environmental Footprint
OCBC Al-Amin Bank Bhd was the lead arranger and joint bookrunner of Edra Solar Sdn Bhd's Sustainable and Responsible Investment (SRI) Sukuk for the operation of a 50MWac solar power plant in Kedah – the very first ASEAN Sustainability SRI Sukuk in Malaysia. A 40-acre (more than 15% of the plant land area) buffer zone surrounding the plant has also been allocated to the local community for the farming of pineapple and other crops. This is a pioneering example of how environmental and social factors (in this case, renewable energy generation and community development) can be combined in a single sustainable project.
Retrofitting our buildings to improve energy efficiency and exploring renewable energy use opportunities.