Capital market participants must step up sustainability commitments, says SC chairman

KUALA LUMPUR (June 22): Capital market participants must step up efforts to support sustainable and climate-resilient lifestyles and business practices, in line with net-zero carbon Malaysia by 2050, said Securities Commission Malaysia (SC) executive chairman Datuk Seri Dr Awang Adek Hussin.

He said companies now face rising expectations from stakeholders and the communities they serve, and are also being evaluated based on their sustainability commitments and their handling of social issues.

“Our corporates are rising to the challenge. Recent research by PwC found that 94% of the top 50 Malaysian public listed companies have environmental, social and governance (ESG) strategies in place. READ FULL ARTICLE HERE