ESG Projects Gaining Prominence in Malaysia; MYR 45 Billion Required Over Five Years: UNGC 

According to the United Nations Global Compact (UNGC), Malaysia's market for environmental, social, and governance (ESG)-related projects needs MYR 45 billion in funding over the coming five years. Although the trend in ESG-related project investments is at its early stages, there is now greater interest in looking into the sustainable requirements of the country.

Why it Matters?

Malaysian investors are taking a greater interest in the social and environmental impacts of their investments and are therefore, now more concerned about greater accountability and transparency levels from investing companies. Furthermore, the societal and governance aspects of ESG are being highlighted now in the wake of the COVID-19 pandemic, with the Government of Malaysia...