The centralised sustainability platform will enable listed companies to reinforce their ESG disclosures and accelerate swift adoption of their supply chain carbon emissions.
Muhamad Umar said that as a leader in the ESG space, Malaysia has taken significant steps towards achieving this vision, including the move by Bursa Malaysia to implement the mandatory ESG disclosure requirement for all listed companies.has developed a platform to serve as a national repository for public-listed companies’ environmental, social and governance disclosures.
Bursa Malaysia chief executive officer Datuk Muhamad Umar Swift said the platform would enable Malaysian corporates to meet regulatory requirements, facilitate greater transparency and consistency in sustainability disclosures, while providing wider access to green financing products. Earlier in his speech, Muhamad Umar said that as a leader in the ESG space – both domestically and in the region – Malaysia has taken significant steps towards achieving this vision, including the move by Bursa Malaysia to implement the mandatory ESG disclosure requirement for all listed companies.
“As such, the importance of high-quality ESG disclosure cannot be overstated. It serves as the foundation for a transparent, open and inclusive economy that is linked to the global marketplace,” he added.
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