KWAP Commits RM20 Billion to Transition Assets, Boosting Malaysia’s Sustainability Goals

Kuala Lumpur, Malaysia, August 6, 2024 – Kumpulan Wang Persaraan (Diperbadankan) [KWAP], Malaysia’s public sector pension fund, has announced a significant commitment of RM20 billion towards transition assets, reinforcing its dedication to sustainable investment and aligning with the MADANI Economy Framework. The announcement was made at the KWAP Inspire event, where Datuk Hajah Nik Amlizan Mohamed, CEO of KWAP, emphasized the organization’s commitment to Environmental, Social, and Governance (ESG) principles. “ESG is not just an aspiration; it is a core operational principle guiding both our community outreach and investment strategies,” she stated. KWAP’s pledge includes substantial investments in renewable energy