Companies that ignore ESG considerations will be deprived of equity, debt financing, warns Bursa chairman | Malay Mail

KUALA LUMPUR, Feb 17 — Companies that choose to ignore sustainability/environmental, social and governance considerations in their business will not be sustainable as they will be deprived of both equity and debt financing to fund their projects.

The summit was jointly organised by The Economic Club of Kuala Lumpur and the KSI Strategic Institute for Asia Pacific. He added that Bursa Malaysia has also started collaborating with the Ministry of Environment and Water and the Ministry of Finance to create a voluntary carbon market. In 2014, Bursa Malaysia introduced the FTSE4Good Bursa Malaysia Index to recognise public-listed companies that have taken steps to improve their ESG practices and disclosures.

“Apart from introducing ESG-related indices, Bursa Malaysia has also played a pioneering role in compelling PLCs to adopt good ESG practices and disclosures.

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