Bursa Malaysia and PETRONAS Sign MoC to Drive ESG Practices
Bursa Malaysia and PETRONAS have signed a Memorandum of Collaboration (MoC) to encourage the adoption of environmental, social, and corporate governance (ESG) practices through Bursa Malaysia’s Centralised Sustainability Intelligence Platform. The platform, which is developed and tested by Bursa Malaysia in collaboration with the London Stock Exchange Group, aims to facilitate ESG disclosures and encourage effective carbon emissions management, including those from supply chains, while promoting decarbonization through banks’ green financing products and services. Read more: Bursa Malaysia and PETRONAS Sign MoC to Drive ESG Practices The MoC formalizes PETRONAS’s participation in the Early Adopter Programme (EAP) of the platform