“Gold” Impact Assessment Assigned to Bank Pembangunan’s Sustainable Development Sukuk Framework by MARC

A “Gold” impact assessment has been assigned to Bank Pembangunan Malaysia’s (Bank Pembangunan) Sustainable Development Sukuk Framework (Framework) by Malaysian Rating Corporation (MARC).

Why it Matters?

The Framework focuses on meeting the funding needs of targeted and new growth sectors that are critical to driving sustainable economic growth, fostering inclusive growth and addressing climate change, in line with Bank Pembangunan's mandate to actuate sustainable development. Some of the key impact themes of the Framework include, renewable energy, green/efficient buildings, clean transportation, circular economy, sustainable waste and wastewater management, employment generation and retention, accessible healthcare and education, a...