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Bursa Malaysia inks MoU with HSBC Amanah to improve PLCs' ESG adoption practices
10 Feb 2022 | Thursday Source: The Edge Markets
Bursa Malaysia Bhd and HSBC Amanah Malaysia Bhd has entered into a memorandum of understanding (MoU) to collaborate on an initiative aimed at improving Malaysian public listed companies’ (PLCs) environmental, social and governance (ESG) adoption practices.
In a statement on Tuesday (Feb 8), the exchange said under this MoU, Bursa Malaysia would collaborate with HSBC Amanah in developing sustainability-linked Islamic financial products, as well as ESG solutions aligned to the FTSE4Good ratings model and datasets for eligible PLCs.
