The Malta Chamber supports Sustainable Enterprise Initiative

“Businesses are faced with ever increasing pressures and responsibilities to go green and to embark on this green journey, the partnership between private enterprise and government is not an option but a must,” said Marisa Xuereb, President of The Malta Chamber of Commerce Enterprise and Industry.

The President of the Malta Chamber was addressing attendees during the ‘Sustainable Enterprise Initiative’ organised by the Ministry for Energy, Enterprise and Sustainable Development. The Malta Chamber is supporting this initiative in identifying potential enterprises willing to consider investments in energy efficiency ad sustainability.

Ms Xuereb noted that before the pandemic hit, The Malta Chamber was proactive in drafting and presenting a new vision for Malta’s economy and beyond. “Through its Economic Vision 2020-2025, The Malta Chamber has called for ‘a smart, sustainable island’, in which we recognise that economic development must ultimately lead to an improved quality of life,” noted Xuereb.

“As Malta’s leading business organisation body, The Malta Chamber acknowledges that the green economy we all want to achieve requires that financial institutions and government entities put policy into practice and engage with the business community and stakeholders on an ongoing basis to continue identifying opportunities and overcoming problems together when they arise,” explained The Chamber President.

The President of the Chamber stressed on the importance of initiatives such as the ‘Sustainable Enterprise Initiative’ by providing private enterprises with consistent support towards this direction. “Businesses need to be able to invest with the knowledge that their long-term thinking and efforts will bear fruit – that a collective effort will lead to collective results, even if it is painful in the short term,” she continued.

The Sustainable Enterprise Initiative provided additional visibility to a number of options available for Maltese companies to support their investments in energy efficiency and sustainability-related projects by both government entities and local banks.