ENVIRONMENTAL, social and governance (ESG) investing continues to gain traction in Malaysia, with corporates striving to align with global sustainability trends. This is not surprising as a recent study by Maybank Investment Bank Group (MIBG) Sustainability Research finds a positive correlation between ESG performance and equity returns.
The financial group’s analysis of ESG performance among 114 Malaysian companies, representing about 70% of the nation’s market capitalisation, finds both progress and challenges in corporate sustainability efforts, with implications for investors seeking opportunities in a rapidly evolving market.