Asean-ISE initiative continues to make strides.
PETALING JAYA: The Asean-Interconnected Sustainability Ecosystem (Asean-ISE) initiative, which aims to create a harmonised Asean sustainability ecosystem, continues to make strides.
A workshop in Kuala Lumpur recently centred on the development of an Asean-level environmental, social and governance (ESG) data infrastructure, to enable accurate, efficient and standardisation of ESG data collection, analysis and reporting, towards promoting sustainable investment in the region.
To move forward, Asean-ISE members collectively agreed to issue a request for information (RFI) to identify solutions that will support the initiative in achieving its target outcome over the next three years.
Key representatives from Bursa Malaysia, Indonesia Stock Exchange (IDX), the Philippine Stock Exchange (PSE), the Stock Exchange of Thailand (SET) and Singapore Exchange (SGX), participated in the workshop to discuss the RFI requirements.
“The RFI outlines the framework for a unified data infrastructure, emphasising the development of an interconnected ecosystem to facilitate seamless ESG data exchange, ensuring a sustainable operating model that can promote market accessibility through an ESG lens,” said Bursa Malaysia, IDX, PSE, SET and SGX in a joint statement.
