Johor Corporation president and chief executive Datuk Syed Mohamed Syed Ibrahim
KUALA LUMPUR: Johor Corporation (JCorp)’s sustainable finance framework has received a ‘Gold’ Impact Assessment from MARC Solutions, for its strong alignment with global standards and emphasis on delivering substantial environmental and social benefits.
In a statement today, JCorp said MARC Solutions assessed that the framework aligns with key guidelines, frameworks and principles issued by the Securities Commission Malaysia, ASEAN Capital Markets Forum, and the International Capital Market Association, among others.
It also affirmed that the framework supports 13 of the 17 United Nations Sustainable Development Goals.
"This recognition reinforces JCorp’s long-term commitment to responsible growth and sustainable value creation.
"Our sustainable finance framework is a key enabler in ensuring our current and future investments align with Johor’s socio-economic and sustainability priorities,” said JCorp president and chief executive officer Datuk Syed Mohamed Syed Ibrahim.
JCorp is Johor’s principal development institution, managing over RM25 billion in assets across five core sectors -- wellness and healthcare, real estate and infrastructure, agribusiness, food and restaurant, and patient capital. - Bernama
