FM formalises collaboration with three companies to advance strategic ESG initiatives

FM Global Logistics Holdings Berhad (FM Group) today formalised three strategic collaborations including JAC Motors Malaysia Sdn Bhd (JAC Motors).

The partnerships between FM Group’s wholly-owned subsidiary, FM Global Logistics Sdn Bhd (FM), with the three companies serve to deepen FM Group’s commitment to its environmental, social and governance (ESG) agenda. FM is also commissioning Solarvest for the installation of solar systems for FM warehouses at a cost of approximately RM1.5 million and acquiring two JAC i75 electric trucks from JAC Motors for RM557 000.

FM Group held concurrent ceremonies for the handover of six Scania prime movers, the presentation of Letter of Award (LOA) to Solarvest, and signing of LOA with JAC Motors during the event.

Speaking at the event, FM Group Managing Director Chew Khai said: “FM Group’s partnership with Scania, Solarvest and JAC Motors has certainly elevated us on the path to meeting our greenhouse gas (GHG) reduction targets.”

FM’s acquisition of JAC Motors’ electric trucks marks the start of the company’s transition away from fossil-fuel combustion engines to zero emission vehicles. Based on JAC Motors’ assessment, each i75 light truck offers up to 6 MT of emission avoidance annually. JAC Motors Regional Manager of Asia-Pacific Marketing Jason Jia said at the signing ceremony that the current EV trucks employ the latest clean energy technologies and offer a range of 200–250 km, which is perfectly suited for urban logistics and last-mile delivery.

Apart from boosting fuel efficiency and reducing GHG emissions, FM Group’s fleet modernisation initiative is also poised to improve operational excellence and enhance long-term environmental responsibility.

Meanwhile, FM Group’s collaboration with Solarvest comes in the wake of the successful commissioning of a similar project on a single warehouse the previous year. The latest undertaking involves the installation of solar PV systems for an additional 1.0 megawatt peak (MWp) at FM Group’s second and third warehouses, bringing the total installed capacity to almost 1.6 MWp from all three facilities. According to Solarvest, the solar systems on the three warehouses can generate almost 2 000 megawatts hour (MWh) of clean energy annually, potentially offsetting approximately 1 300 MT of GHG emissions. Speaking at the presentation of the Letter of Award, Solarvest Group Vice President Jack Tan said: “This initiative underscores our shared vision of sustainability and commitment to advancing clean energy solutions in the logistics sector.”

On FM Group’s collaboration with Solarvest, Chew said: “The solar systems achieve two important objectives. The first is to reduce FM Group’s reliance on electricity from the national grid. The second and more important objective is to contribute to reducing GHG emissions from purchased electricity.”
“From Malaysia, we will extend our ESG efforts to our regional offices. We intend to progressively reduce our carbon footprint by promoting sustainable practices, increasing energy efficiency and incorporating renewable energy sources,” he added.