PNB eyes RM10bil investment in ESG-related companies

PNB president and group chief executive officer Ahmad Zulqarnain Onn

PETALING JAYA: Permodalan Nasional bhd (PNB) has earmarked RM10bil of its portfolio to specifically invest in “green and transition” assets by 2030.

President and group chief executive officer Ahmad Zulqarnain Onn said the allocation is part of the fund’s commitment to achieve a Net Zero Enterprise by 2025 and Net Zero Portfolio by 2050.