UEM Sunrise’s sustainability sukuk rated gold by MARC

In a statement, MARC said the framework will finance green, social or sustainability projects falling under six categories. They are green buildings, energy efficiency and renewable energy, affordable housing, pollution prevention and control, sustainable water and wastewater management, and socioeconomic advancement and empowerment.

PETALING JAYA: Malaysian Rating Corp Bhd (MARC) has assigned a “Gold” sustainability sukuk assessment on UEM Sunrise Bhd’s (UEMS) sustainability sukuk framework.

In a statement, MARC said the framework will finance green, social or sustainability projects falling under six categories.