RAM Sustainability assigns gold rating to MAHB

MAHB’s sustainability performance is driven by robust governance and its positive impact on the economy and society.

KUALA LUMPUR: RAM Sustainability has assigned a Gold Sustainability Rating to Malaysia Airports Holdings Bhd (MAHB), underpinned by its d robust governance and its positive impact on the economy and society.

In a statement issued on Friday, it said the rating reflects MAHB’s strong overall sustainability performance after taking into consideration its environment, social and governance (ESG) and positive impact attributes.

RAM Sustainability’s head of sustainability services Gladys Chua said corporate sustainability is gaining traction as Malaysian corporates adapt to the capital market’s sensitivity to ESG risks and opportunities.

“With the vaccination programme well underway in Malaysia and globally, there is light at the end of the tunnel for the airline industry.

“MAHB, as an airport operator, continues to demonstrate clear intention and strategies to catalyse national economic progress and social inclusion even through the Covid-19 pandemic. As part of an international network of transportation hubs, it is also committed to global programmes to limit climate change, ” she said.

MAHB’s sustainability performance is driven by robust governance and its positive impact on the economy and society.

RAM Sustainability pointed out MAHB’s dedication towards integrity and anti-corruption is shown by the adoption of the ISO 37001: Anti-Bribery Management Systems.

Additionally, the recent incorporation of climate-change risk into the MAHB’s risk scorecard reflects the dynamism of its governance approach.

The rating is further supported by the group’s focused community and social contributions as well as forward-looking environmental policies and strategies.

It highlighted MAHB’s green airport strategy which targets a 50% reduction in carbon emission and waste by 2030 amongst other environmental goals.

Besides MAHB’s journey in improving its supply chain as well as carbon emission management, recognise the group’s strong performance, backed by high governance standards.

Furthermore, MAHB’s international participation as a signatory to the Aviation Industry Commitment Action to Climate Change and its Level 3: Optimisation accreditation under the Airport Carbon Accreditation programme ensure adherence to global best practices.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 46
Cxense type: free
User access status: 3


Next In Business News

Censof stages turnaround with RM26.8m net profit in FY21
Carlsberg Malaysia posts Q1 net profit of RM66.46mil
Zafrul: Keeping economy open crucial to avert unemployment
Petronas to boost digital transformation
FBM KLCI up 7.86 points to end at intraday high
GDB 1Q net profit up nearly 54% to RM8.8m
MARC affirms rating on Sinar Kamiri RM245m green sukuk
MEF: Stricter MCO in Selangor crucial but don’t impose full lockdown
Grab Malaysia introduces programme to assist small food businesses
Gold extends rally as weak dollar, inflation jitters lift appeal

Stories You'll Enjoy