Finance Minister Tengku Zafrul Tengku Abdul Aziz says the expectation is for institutional investors to shape, influence and champion the environmental, social and corporate governance agenda within Malaysian capital markets. – The Malaysian Insight file pic, September 23, 2022.
“Given their size and capacity, institutional investors can and must play a key role to drive effective oversight, catalyse future proofing and unlock value by actively engaging with their investee or portfolio companies. not just in the interest of returns, but also on purpose, premised on ESG principles,” he said.
He also expressed his concern about supporting smaller businesses, or smaller cap companies in starting their own sustainability journeys. During the conference, Tengku Zafrul also launched the revised Malaysian Code for Institutional Investors 2022 which replaces the first MCII that was published in 2014.