Green Practices Guideline for Forest Operation

INDICATOR INSTRUMENT FACTSHEET INDICATOR: ENERGY SUB-INDICATOR: RENEWABLE ENERGY 1. INDICATOR INFORMATION 1.1. GOALS AND TARGETS Goal 1: National target of 31% RE (renewable energy) capacity mix in 2025, and 40% by 2035. The goal of this instrument is mapped to the following global goals and National targets: United Nations Sustainable Development Goals • SDG 12: Ensure sustainable consumption and production patterns. • SDG Goal 12.6: Encourage companies, especially large and transnational companies, to adopt sustainable practices and to integrate sustainability information into their reporting cycle • Target Indicator 12.6.1: Number of companies publishing sustainability reports. National Energy Efficiency Action Plan 2016 – 2025: 1. 52,233 GWh of energy savings (8.0%) 2. 37,702 ktCO2 equivalent reduction Malaysia Renewable Energy Roadmap (MyRER) • National aspiration of 31% renewable energy (RE) capacity by 2025 and 40% by 2035. Dasar Tenaga Negara (DTN) 2022 – 2040 • National target set for RE at 18,431MW in 2040. 1.2. INDICATOR Energy 1.3. SUB-INDICATOR Renewable Energy 1.4. LAST UPDATE 13 May 2023 1.5. RELATED SECTORS This indicator instrument applies to the following sectors: • Agriculture & Plantation • Aquaculture • Construction • Forest operation • Livestock • Manufacturing • Mining • Services 2. DEFINITIONS AND CONCEPTS 2.1. DEFINITION Organisation: The entity undergoing the evaluation. Energy: Energy resources, which refer to substances like fuels, petroleum products, heating and cooling, and electricity in general, because a significant portion of the energy contained in these resources can easily be extracted to serve a useful purpose. Renewable energy: Energy resources that is collected from renewable resources that are naturally replenished on a human timescale. It includes sources such as sunlight, wind, the movement of water, and geothermal heat. 94 GREEN PRACTICES GUIDELINE FOR FOREST OPERATION