Miti: Govt plans investment ‘scorecard’ focusing on ESG, job creation and economic complexity to evaluate investments, drive high-value growth

  • 📰 malaymail
  • ⏱ Reading Time:
  • 47 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 46%
  • Publisher: 86%

Ministry Of Investment News

Trade And Industry Miti,Liew Chin Tong,Scorecard

KUALA LUMPUR, Oct 15 — The government is looking at having a clear scorecard focused on high-quality investments and incentives to align with the National Investment Aspirations...

Did you get wet too? Klang Valley hit by pockets of flash floods as heavy downpour disrupts morning routine Is working a gig for you? Three Malaysians share their reasons for taking it up, and what they consider boons and banes of their jobsDeputy Minister of Investment, Trade and Industry Liew Chin Tong said the government is looking at having a clear scorecard focused on high-quality investments and incentives to align with the National Investment Aspirations and New Industrial Master Plan.

“Whatever we do today we must build Malaysia’s research and development . We must build Malaysian technological capability,” he said in his keynote speech at the SC-World Bank Conference 2024 today. At the event, the SC and the World Bank launched a joint report “ESG Disclosure Assessment of Malaysia’s Listed Companies and Recommendations for Policy Development” which provides a baseline on ESG reporting practice in Malaysia. The report offers insights for companies and investors to enhance sustainability reporting to align with international best practices and remain competitive.

SC executive director of Islamic Capital Market Sharifatul Hanizah Said Ali emphasised the importance of strengthening ESG disclosures amid growing global demand for sustainable investments. However, the report also points out gaps in specific environmental indicators, especially those related to climate change and biodiversity.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Local, international companies to offer 2,600 jobs at MITI Day 2024KUALA LUMPUR: There will be 2,600 job opportunities from 80 local and international companies for young people at MITI Day 2024 organised by the Inves...
Source: theSundaily - 🏆 25. / 51 Read more »