Bursa Malaysia, CIMB ink MoU to accelerate ESG adoption

Bursa Malaysia CEO Datuk Umar Swift (Left) and CIMB group CEO Datuk Abdul Rahman Ahmad (right).

KUALA LUMPUR: Bursa Malaysia Bhd and CIMB Group Holdings Bhd have entered into a memorandum of understanding (MoU) to accelerate the adoption of environmental, social and governance (ESG) practices among Malaysian public listed companies (PLCs) through the #financing4ESG initiative.

Under the MoU, CIMB will collaborate with Bursa Malaysia to offer sustainable finance offerings for Malaysian PLCs in alignment with the ratings model of the FTSE4Good Bursa Malaysia (F4GBM) index.