Securities Commission Malaysia chairman Datuk Seri Awang Adek Hussin said one of SC’s key priorities is ensuring that the capital market is able to channel funds as well as capital towards meeting sustainability targets.
Awang Adek said the International Sustainability Standards Board is developing a global baseline standard for sustainability disclosures, which is expected to be completed this month. "I urge companies to take immediate steps to meet the information needs of stakeholders if they have not already done so.
"Given its role in enhancing societal welfare, I would like to urge the private sector to consider this Islamic structure in promoting and satisfying its social obligations,” he said.
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