Alliance Bank collaborates with universities to help SMEs fast-track ESG adoption

Alliance Bank Malaysia Bhd group chief executive officer Kellee Kam.—AZMAN GHANI/The Star

KUALA LUMPUR: Alliance Bank Malaysia Bhd is collaborating with Monash University Malaysia and the International Centre for Education in Islamic Finance (INCEIF University) to help small and medium enterprises (SMEs) fast-track their adoption of environment, social and governance (ESG) best practices.

In a statement today, Alliance Bank said the collaboration aims to use industry-based insights from the research to develop pragmatic solutions to help Malaysian businesses adopt ESG, whether they are operating in a conventional or Islamic marketplace.