Using MIND to ensure sustainability and larger impacts


Bank Pembangunan Malaysia Bhd Head of MIND and Sustainability Joel Khaw (left) and Bank Pembangunan Malaysia Bhd Head of Coverage Yee Biing Wen during the Future Cities Summit 2024 at Mitec, Kuala Lumpur. — IZZRAFIQ ALIAS/The Star

KUALA LUMPUR: Rather than focusing solely on traditional indicators like credit risk and profitability, Bank Pembangunan Malaysia Bhd (BPMB) evaluates companies and their projects based on their potential for social and environmental development impact.

BPMB has developed a framework called “Measuring Impact on National Development” or MIND, designed to support Malaysia’s broader goals of economic growth, social equity, and environmental stewardship.

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