Insight - Balance in green financing

“Maybank incorporates ESG considerations into all of its direct lending as well as debt, equity and advisory services, through the group’s ESG policy which includes specific criteria and requirements that cover, among others, lending to high risk ESG sectors,’’ said Maybank group president and CEO, Datuk Abdul Farid Alias.

WHILE financial institutions (FIs) have a responsibility to mobilise capital to economic activities deemed as sustainable, it is important to strike a balance between environmental and social objectives.

Besides engaging regulators, industries and employees, FIs are also working with clients in creating awareness on best environmental, social and governance (ESG) practices and finding solutions in mitigating adverse ESG impacts.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Next In Business News

CPO futures to trade on upside bias next week on expectation of weaker output
Oil gains over 2% but posts seventh weekly decline
In China’s slowing beauty market, big-brand discounts won’t cut it
YTL Power and Nvidia in AI collaboration
Westports inks deal with govt to expand terminals
Succession planning and moving in the right direction
Bank Pembangunan has plenty of potential
Setting the standards the Gamuda way
Singapore signs deal with Latin American bloc
Critical factors to consider before MLFF rollout

Others Also Read