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MSIG Grows Its Mangrove Planting Partnership With Malaysian Nature Society (MNS)

MSIG Grows Its Mangrove Planting Partnership With Malaysian Nature Society (MNS)

by admin
July 28, 2023
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KUALA LUMPUR, MALAYSIA – Media OutReach – 28 July 2023 – MSIG Insurance coverage (Malaysia) Bhd “(MSIG Malaysia)”, has planted about 6,247 mangroves all through Malaysia in a partnership with the Malaysian Nature Society (MNS) which stretches again to 2019. The mangrove planting programme, which has grown in scale annually since institution, goals to guard coastal communities from property harm as a result of flood and serves as an necessary supply of biodiversity sooner or later.

In 2022, MSIG partnered MNS to plant 3,415 mangrove saplings in Penang, Kedah, Negeri Sembilan, Melaka, Johor, Terengganu and Perak and so they plan to construct on that whole in 2023. MSIG intends to take care of their help of MNS as a part of their dedication to the United Nation’s (UN) Sustainable Improvement Objective (SDG) 13: Local weather Motion.

Along with financially supporting the planting programme, many MSIG workers additionally took trip of their regular work routines to volunteer within the planting actions facilitated by MNS in numerous components of the nation.

Commenting on initiative, MSIG Chief Govt Officer Mr. Chua Seck Guan mentioned, “Along with the Worldwide Day for the Conservation of the Mangrove Ecosystem that’s celebrated yearly on 26 July, MSIG needs to make use of this chance to specific our continued curiosity in supporting mangrove conservation and elevating consciousness of the pivotal function mangroves play in our ecosystem.

“Mangroves are an important useful resource for Malaysia given their function of defending coastal communities from erosion and floods by stabilising riverbanks and coastlines. Additionally they function important sources for biodiversity and are the breeding floor and habitat for a lot of styles of fishes and different marine life. As such it’s essential that they’re protected and conserved so as to safe the wellbeing of our coastal communities and future generations.

“Other than defending coastal communities and restoring biodiversity, mangroves are additionally wonderful carbon sinks. They’re probably the most efficient bushes on this planet for absorbing carbon dioxide within the ambiance that causes local weather change. As such, defending and rising our mangroves play an necessary half in combating and mitigating the results of local weather change.

“Given the huge advantages that mangroves present to the folks and setting, we glance ahead to additional our mangrove planting efforts with MNS in 2023 to help the conservation of those bushes.

“This displays MSIG’s steady effort in offering for the wellbeing of Malaysians, each by our insurance coverage merchandise and our actions as a accountable enterprise, conserving in thoughts to present again to society and defending the setting that we function in,” mentioned Mr. Chua.

The mangrove planting initiative is one in every of many sustainability programmes that MSIG has undertaken over the previous few years. These programmes are rigorously deliberate and regarded to make sure that they’re in step with United Nations Sustainable Improvement Targets. Among the programmes are centered on cultivating a zero-waste motion amongst MSIG workers by numerous instructional actions and contests. This environmentally aware method may also be seen within the normal insurer’s merchandise akin to MSIG EZ-Mile Motor Add-On (Pay As You Drive) and Photo voltaic Photovoltaic (PV) All Dangers (protects photo voltaic PV system in opposition to loss or harm as a result of hearth, theft and unintended harm).

As an effort to additional elevate consciousness of the significance of mangroves, MSIG will probably be planting one mangrove sapling for every MSIG EZ-Mile Motor Add-On coverage bought by MSIG On-line inside 26 July to 25 August 2023 in recognition of the Worldwide Day for the Conservation of the Mangrove Ecosystem.

MSIG additionally makes annual financial contributions and donations in-kind to numerous non-governmental organisations (NGOs) that target neighborhood welfare, medical care and different causes.

The mangrove planting programme is a part of MSIG’s biodiversity conservation initiatives in Malaysia, in alignment with the final insurer’s company efforts in defending and enhancing the planet’s pure capital.

Hashtag: #MSIG

The issuer is solely accountable for the content material of this announcement.

About MSIG Insurance coverage (Malaysia) Bhd

MSIG Insurance coverage (Malaysia) Bhd (“MSIG Malaysia”) is a subsidiary of Mitsui Sumitomo Insurance coverage Firm, Restricted and a member of MS&AD Insurance coverage Group Holding, Inc. (MS&AD), one of many high ten** normal insurers on this planet.

With over 100 years of normal insurance coverage expertise and a nationwide community of 20 branches in Malaysia, MSIG Malaysia is likely one of the main normal insurers in Fireplace, Engineering and Motor courses and No.1* in Marine Cargo, providing an in depth vary of services and products for private and enterprise wants.

MSIG Malaysia’s experience is properly recognised by its receipt of many prestigious awards. These have included the 2020 Reader’s Digest High quality Service Award – Silver winner within the Automobile Insurance coverage class. MSIG was acknowledged for having one of many highest ranges of high quality service, which displays the trouble that the corporate has put in to fulfill shopper’s demand for top service requirements. The corporate was additionally awarded the 2018 “Excellent Property and Casualty Insurer in Malaysia” award within the InsuranceAsia Information Awards for Excellence. MSIG Malaysia was recommended for main the market with sturdy monetary progress, funding in product innovation, enhanced digital capabilities in enterprise and claims administration programs and robust customer support proposition. Its dedication to customer support excellence by its efforts in enhancing the shopper expertise and business management in Enterprise Threat Administration additionally earned MSIG Malaysia the “Common Insurance coverage Firm of the Yr” on the Asia Insurance coverage Business Awards in 2015.

For extra data on MSIG Malaysia, go to MSIG Grows Its Mangrove Planting Partnership With Malaysian Nature Society (MNS)www.msig.com.my or fb.com/MSIGmy.

*As of Dec 2022
**Fortune International 500, 2021

About Malaysia Nature Society (MNS)

Malaysian Nature Society (MNS) is the oldest and largest membership-based environmental non-governmental group in Malaysia. The genesis of MNS predates our nation’s independence – by a gaggle of primarily British expatriates deeply desirous about our nation’s lush pure heritage determined that the ample assortment of area notes and pure historical past data which they’d collected was important to the nation’s heritage and must be revealed. In 1940, with the publication of the Malayan Nature Journal Quantity 1, the Malaysian Nature Society was born.

It’s run by elected members on a voluntary, non-profit foundation and backed up by about 26 full time personnel. The Society’s mission is to advertise the research, appreciation, conservation and safety of Malaysia’s pure heritage. MNS has been the primary pressure behind the safety of many key habitats in addition to nationwide, marine and state parks in Malaysia. The Society can be actively concerned in species conservation (particularly birds) in addition to within the ratification of local weather change conference in Malaysia.

For more information about MNS, please go to MSIG Grows Its Mangrove Planting Partnership With Malaysian Nature Society (MNS)www.mns.my or fb.com/MalaysianNatureSociety.Official



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Tags: growsMalaysianMangroveMNSMSIGNaturePartnershipPlantingSociety

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