Time for Asia to balance economic growth with green ambition

PETALING JAYA: Asia must strike a balance between economic development and green ambition, moving towards growth that is inclusive and enduring, whereby sustainability isn’t just a destination but a sign of progress.

Science, Technology and Inno­vation Minister (Mosti) Chang Lih Kang said the global sustainabi­lity agenda is accelerating, as environmental standards are becoming more stringent.

“Environmental, Social and Governance (ESG) reporting is becoming mandatory, and investors are demanding greater transparency and accountability.

“While these trends raise the bar for all organisations, they also present Asia with a significant opportunity,” he said.

“By embedding sustainability at the very heart of business strategy, we can unlock new pathways into the green economy. To navigate the path to net-zero while sustaining economic vibrancy, we must be strategic, inclusive and grounded in local realities.”

Chang said this in his keynote address at the Asia ESG Summit 2025 titled “Navigating the Path to Net-Zero: Overcoming Resource Limitations and Rising Environ­mental Standards in Asia to Balance Global Sustainability Targets with Local Economic Realities.”