PETALING JAYA: United Overseas Bank (M) Bhd (UOB Malaysia) has partnered with Bursa Malaysia Bhd
to support small and medium enterprises (SMEs) in adopting sustainable practices and advancing their decarbonisation journey.
In a joint statement, UOB Malaysia and Bursa Malaysia said SMEs participating in the bank’s sustainability accelerator programme 2.0 (SAP 2.0) will have access to the bourse’s centralised sustainability intelligence (CSI) solution under this collaboration.
The access would reduce the complexities of emissions calculation and facilitate the uptake of relevant decarbonisation solutions.
UOB Malaysia chief executive officer (CEO) Ng Wei Wei said in addition to the enhanced suites of SME-centric solutions available via the SAP 2.0, the bank would fund Bursa’s CSI solution’s subscription fees for its SME clients.
Meanwhile, Bursa Malaysia’s CEO Datuk Fad’l Mohamed said the collaboration marked a significant step forward in expanding its CSI ecosystem to benefit a wider group of companies.
