Bursa Malaysia, PETRONAS to collaborate on sustainability platform

PETRONAS president and group CEO Datuk Tengku Muhammad Taufik (centre, left) and Bursa Malaysia CEO Datuk Muhamad Umar Swift (centre, right) at the MoC signing

KUALA LUMPUR: Bursa Malaysia has signed a memorandum of collaboration (MoC) with PETRONAS to help drive environmental, social and corporate governance (ESG) adoption and practices through Bursa Malaysia’s Centralised Sustainability Intelligence Platform.

BUrsa Malaysia's platform is a collaboration with the London Stock Exchange Group to allow corporates and their listed and non-lister suppliers, domestic and international, to calculate their carbon emissions impact and disclose standarised, common ESG data.