Capital market should broaden offering to support ESG transition

KUALA LUMPUR: The capital market can play an important role in financing businesses to transition towards more sustainable practices by broadening the array of capital market instruments to support them in incorporating environmental, social and corporate governance (ESG) elements into their business.

Securities Commission Malaysia (SC) managing director Kamarudin Hashim said Prime Minister Datuk Seri Anwar Ibrahim has urged the banking system and capital market to act quickly to meet the business’ financing needs and internationalising the local small and medium enterprises (SMEs).