Bursa Malaysia developing platform for assessing carbon emissions impact

From left: Datuk Jessica Chew, Deputy Governor of BNM and co-chair of JC3; Datuk Muhamad Umar Swift, Chief Executive Officer of Bursa Malaysia; and Datuk Kamarudin Hashim, Managing Director of SC and co-chair of JC3, at the collaboration announcement regarding Bursa Malaysia’s Centralised Sustainability Intelligence Platform and JC3’s Greening Value Chain Programme

KUALA LUMPUR: Bursa Malaysia has announced it is developing the Centralised Sustainability Intelligence (CSI) Platform, to be used by both public listed companies (PLCs) and non-listed small and medium enterprises (SMEs) to assess their carbon emissions impact, disclose standardised environmental, social and governance (ESG) data.

The stock exchange operator said in a statement the platform is in compliance with both local requirements and global standards to subsequently facilitate access to sustainable financing.