Insight - Big firms should lead the way in ESG

“This suggests a strong need for companies to relook at their board composition, to reassess and reconsider what skills or experience are needed for companies to stay on top of the game,’’ said ICDM president and CEO Michele Kythe Lim. (pic)

THE size of a company may not matter in terms of qualifying for inclusion into the FTSE4Good Bursa Malaysia (F4GBM), which is an environmental, social and governance (ESG) index.

However, the impression and perception of the index will improve based on its constituents, even though it is not an opt-in index (where companies choose to participate in) but one in which an organisation qualifies for, based on the Financial Times Stock Exchange’s (FTSE) assessment methodology.