Saturday, July 6, 2024

EDOTCO launches Vendor Development Program to boost capabilities and industry standards for Malaysian SMEs

EDOTCO Malaysia, the nation’s largest telecommunications infrastructure company, has unveiled an industry-first capacity development program. This program is not just a strategic initiative, but a unique opportunity for our suppliers and business partners, primarily Malaysian SMEs, to elevate their capabilities and competitiveness in the digital infrastructure sector and play a crucial role in the industry’s growth.

EDOTCO Vendor Development Program (VDP), first introduced in 2018, is a strategic initiative aimed at enhancing the capabilities of vendors to better align with EDOTCO’s operational standards and strategic goals. The newly improved VDP will cover five critical dimensions in the tower industry: Environmental, Social & Governance (ESG), Occupational Health & Safety (OHS), Integrity, Business Continuity Management, and Rollout Operations.

The program’s modules are developed to ensure globally accepted key concepts and practices from industry guidelines, standards and regulations, such as the United Nations (UN) Sustainable Development Goals by the UN, ISO 45001 by the International Organization for Standardization, and the Malaysian Anti-Corruption Commission Act by the Malaysian Government, are easily understandable and adaptable.

“This program is a testament to our long-term commitment to building a robust, efficient, and sustainable supply chain. It is not just about enhancing the skills and capabilities of our vendors, but also about fostering their long-term growth and success,” says Adlan Tajuddin, CEO of EDOTCO Group. “As the largest TowerCo in the country, we take pride in supporting the development of Malaysian SMEs with whom we have long-standing relationships. The Vendor Development Program is our contribution to nation-building. By investing in these vendors through this program and providing certifications, we not only boost their performance but also increase their credibility to bid for projects across Malaysia. This, in turn, fosters greater value creation for the country, and a brighter future for our vendors.”

The VDP launched today at Laman EDOTCO in Saujana Subang with its first cohort of over 150 vendors. The program begins with the ESG dimension, giving participants access to the Government’s Skim Insentif Kelestarian, a program designed by the Centre for Entrepreneur Development & Research (CEDAR), a wholly-owned subsidiary of SME Bank, and co-developed with UNGC Malaysia & Brunei.

As ESG compliance gains attention from Bank Negara and the Securities Commission, this module helps EDOTCO’s SME vendors and business partners to adopt sustainable practices and potentially qualify for the ESG Adoption Fund grant, worth RM40,000, allocated by the Government.

Additionally, EDOTCO is preparing our supply chain to align with the Science Based Targets initiative (SBTi) for Scope 3 GHG emissions, supporting the government’s long-term target of achieving net zero by 2050. This alignment ensures our vendors remain competitive and contribute to Malaysia’s sustainability goals.

Amirul Imran Ahmat, CEO of CEDAR, said, “In line with our aspiration to be the centre of excellence for entrepreneur development and transformation, CEDAR is happy to be partnering with EDOTCO in enhancing the competitiveness of SMEs through the adoption of sustainable practices via their Vendor Development Program.

This programme is a commendable initiative that aligns with the pursuit of the New Industrial Master Plan 2030 mission for a transition to a greener manufacturing industry. As this critical date is fast approaching, this valuable partnership allows greater access for companies to proactively take action to reduce the risks of ESG non-compliance and improve operational inefficiencies.” – REFLEKS!

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