Climate Change Action
ESG Compliance & UN Sustainable Development Goals
Compliance
ESG Commitment
The HySustain® project will meet all regulatory requirements of Malaysia.
These requirements include the Environmental Impact Assessment required by the Department of Environment, the Social Impact Assessment required by PlanMalaysia and/or Local Municipal Council, and safety regulations required by the Department of Health & Safety.
As the project involves multi-national stakeholders that include technology partners, investors, financial institutions and off-takers, HySustain® will comply with the rigorous World Bank/IFC-Performance Standards, Environmental and Social Impact Assessments, and Environmental and Social Management Plans.
Certification
TÜV SÜD Standard CMS 70, Version 01/2020 “Generation of Green Hydrogen”
HySustain® will comply with the GreenHydrogen certification scheme.
This certifies that the hydrogen produced in the HySustain® projects are from renewable electricity and have a significant reduction in greenhouse gas emissions.
The green hydrogen certificate is issued for hydrogen production through electrolysis at least 75% reduction in greenhouse gas emissions is met compared to the greenhouse gas emission values for conventional hydrogen produced by natural gas reforming. The GreenHydrogen certification also requires that a robust monitoring system is in place to ensure that quality and supply commitments are complied with.
Meeting Global Targets
UNSDG Goals
By replacing 100,000 tons of grey hydrogen that produce about 10kg of carbon dioxide per kg, HySustain® will be contributing to the reduction of 1 million tons of carbon dioxide emissions annually.
HySustain® aims to be a partner in meeting global targets for decarbonisation.
We are committed to the United Nations Sustainable Development Goals 2030, UNSDGs.
By the very nature of the project,
HySustain® will play a major role in the reduction of carbon footprint and global warming.
HySustain® will be based on cutting-edge technology in producing green hydrogen and power generation using hydrogen fuel cells in the automotive sector, ports and data centres.
HySustain® will create sustainable communities based on the hydrogen economy.
HySustain® will involve a multi-national group of partners that will benefit from the global decarbonisation targets.
Going further, AGV Energy will be making annual voluntary disclosures on ESG initiatives and compliance.
The annual ESG disclosures will be in accordance with GRI Standards, providing in-depth discussions of the project’s ESG indicators, initiatives, compliance to ESG requirements, and long-term plans that will continue to meet stakeholder expectations.
Ultimately, HySustain® will provide a green supply chain for our customers to meet their decarbonisation targets, and ensure a green and sustainable supply chain.
project location
about the location
A erat nam at lectus urna duis. Posuere sollicitudin aliquam ultr.
Risus ultricies tristique nulla aliquet enim tortor at auctor urna. Dolor sit amet consectetur adipiscing. Iaculis eu non diam phasellus vestibulum. Sed adipiscing diam donec adipiscing. Neque gravida in fermentum et sollicitudin ac orci phasellus.
Loremus Solarium project
City investing project
A erat nam at lectus urna duis. Posuere sollicitudin aliquam ultr.
