IBM, Micron, Boeing Among 22 US Firms Backing Malaysia’s Green Transition — NRES

PUTRAJAYA, May 12 (Bernama) -- IBM, Micron and Boeing are among 22 United States (US) companies supporting Malaysia’s green transition through strategic cooperation with the Ministry of Natural Resources and Environmental Sustainability (NRES).

The commitment was conveyed during a meeting today between Minister of Natural Resources and Environmental Sustainability Datuk Seri Arthur Joseph Kurup and a US-ASEAN Business Council (USABC) delegation led by its Interim President and Chief Executive Officer, Brian D. McFeeters, who is also the former US Ambassador to Malaysia.

According to an NRES statement, the meeting aimed to strengthen strategic cooperation between Malaysia and the US private sector, particularly in advancing the Climate Change Bill and the National Carbon Market Policy.

“During the session, the Minister reaffirmed Malaysia’s unwavering commitment to achieving net-zero greenhouse gas emissions as early as 2050,” the statement said.

NRES said Arthur also shared the latest developments on the drafting of the Climate Change Bill, which is scheduled to be tabled in Parliament this June and will serve as the backbone of the country’s climate governance.

The statement said USABC officially expressed full support for the Climate Change Bill initiative spearheaded by NRES and described the legislative move as a paradigm shift capable of providing regulatory certainty for international investors.

“At the same time, USABC expressed hope that the Malaysian Government would maintain consistency in policy implementation to ensure the stability of the long-term investment ecosystem,” it said, adding that USABC also acknowledged NRES’ role to strengthen private sector engagement to support the country’s green transition.

Among the key matters discussed were the industry’s expectation for Malaysia to play a leading role in aligning carbon policies at the ASEAN level to facilitate cross-border trade and more efficient regional carbon market integration.

In addition, the industry proposed that revenue collected from carbon taxes be channelled transparently into conservation projects, climate mitigation initiatives and green technology development to ensure measurable positive environmental impact.

Meanwhile, Arthur expressed his appreciation for USABC’s role as a bridge for innovation and technology transfer, describing the relationship as not merely business advocacy, but a foundational partnership in Malaysia’s transformation into a regional green economic powerhouse.

As a follow-up measure, NRES together with the Malaysia Green Technology and Climate Change Corporation (MGTC) also invited USABC member companies to participate in the International Greentech & Eco Products Exhibition & Conference (IGEM 2026) this October to explore investment opportunities in low-carbon technology.

-- BERNAMA