SMEs benefit from ESG projects


“Increasingly, SMEs are finding out there is an acceptable ROI to the ESG projects they implement," said Heong of Alliance Bank.

KUALA LUMPUR: Small and medium enterprises (SMEs) are getting acceptable returns in terms of environmental, social and governance (ESG) projects, says Alliance Bank Malaysia Bhd head of strategic partnerships and innovation Roy Heong.

“This seems to be apparent among those that operate along the supply chain of bigger corporate companies and those with financing facilities from financial institutions,” he said.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
digital4ESG , ESG , SMEs , financing , cost-benefit , ROI

Next In Business News

TFP Solutions unit partners ACO in development of AI wellness medical card programme
FBM KLCI picks up at midday after tech rout
Bursa Malaysia suspends short-selling of XL Holdings
OCBC Malaysia bags top sustainable finance accolades
Surging AI demand fuels Asian tech export boom, Malaysia's growth - S&P Global
Ringgit eases slightly on expectations of higher US rates
Malaysia's onshore FX market remains healthy, daily turnover rises to US$21.3bil
South Korean shares surge 4.1% as chip stocks recover
FBM KLCI makes cautious rebound after global tech sell-off
Some BOJ board members called for further rate hikes, summary shows

Others Also Read