KUALA LUMPUR: Bursa Malaysia Bhd
has become the first Malaysian public listed company (PLC) to attain the highest score of 5.0 under the FTSE4Good ESG assessment framework and index methodology, placing it among a select group of more than 12,000 companies assessed globally.
In a statement, the exchange said the achievement was driven by its strong performance under the Climate Change theme within the FTSE4Good criteria.
"This is attributed to Bursa Malaysia’s enhanced sustainability disclosures across environmental, social and governance (ESG) matters, particularly in climate-related reporting aligned with internationally recognised standards such as IFRS S2,” it said.
Bursa Malaysia chief executive officer Datuk Fad’l Mohamed said attaining the highest score in a globally recognised ESG benchmark such as the FTSE4Good ESG assessment is proof of the exchange’s progress in strengthening ESG practices and disclosures.
"It is a standard that Bursa Malaysia is committed to maintaining, and one that reinforces the importance of ESG reporting in helping investors understand the risks, opportunities and drivers of long-term value creation,” he said.
The FTSE4Good benchmark, launched in 2001 by FTSE Russell, is one of the world’s longest-standing and most recognised ESG benchmarks.
It serves as an important reference point for institutional investors seeking companies with strong ESG practices, while encouraging continuous improvement in sustainability performance and disclosures. - Bernama
