皇冠开户
热门标签

免费足球推荐(www.ad168.vip):Companies must shape up on environmental, social, governance, says Tengku Zafrul

时间:2个月前   阅读:6

新2网址最新登录www.99cx.vip)实时更新发布最新最快最有效的新2最新登录网址,包括新2手机网址,新2备用网址,皇冠最新网址,新2足球网址,新2网址大全。

Finance Minister Tengku Zafrul Tengku Abdul Aziz says the expectation is for institutional investors to shape, influence and champion the environmental, social and corporate governance agenda within Malaysian capital markets. – The Malaysian Insight file pic, September 23, 2022.

COMPANIES must buck up in their environmental, social and governance (ESG) efforts or lose access to capital, said Finance Minister Tengku Zafrul Abdul Aziz.

He said that ESG assets are set to reach US$53 trillion (RM242 trillion) by 2025, adding that institutional investors carry considerable collective influence with nearly RM2.2 trillion in assets under management and roughly RM750 billion in the local stock exchange.

“Given their size and capacity, institutional investors can and must play a key role to drive effective oversight, catalyse future proofing and unlock value by actively engaging with their investee or portfolio companies. not just in the interest of returns, but also on purpose, premised on ESG principles,” he said.

Speaking at the Institutional Investors Council Malaysia (IIC)-Securities Industry Development Corporation (SIDC) Corporate Governance Conference 2022, he said effective corporate governance is a crucial tool in the ESG toolkit to help ensure that appropriate policies, processes and structures are in place for businesses to remain competitive and sustainable in the long run.

“This brings about the concept of stewardship in long-term institutional investors, such as pension funds that are also effectively asset owners that could exert considerable influence on the operations and corporate behaviour of their investee companies,” he said.

,

免费足球推荐www.ad168.vip)是国内最权威的足球赛事报道、预测平台。免费提供赛事直播,免费足球贴士,免费足球推介,免费专家贴士,免费足球推荐,最专业的足球心水网。

,

He also expressed his concern about supporting smaller businesses, or smaller cap companies in starting their own sustainability journeys.

“I say this because smaller companies with limited resources and capacity face challenges when assessing, disclosing and reporting on in-depth ESG data and sustainability issues, and as such, may face disproportionate burdens and report fewer disclosures compared to their large-cap counterparts.

“These challenges should not be underestimated, because the narrow application of ESG metrics and criteria risks systematically exclude such companies from future sources of funding, undercutting their growth potential and undermining our sustainability journey as a whole,” he added.

During the conference, Tengku Zafrul also launched the revised Malaysian Code for Institutional Investors 2022 which replaces the first MCII that was published in 2014.

It comprises six of the original principles as well as one new principle, in addition to introducing a new section entitled “Stewardship Spotlight”.

,

新2线上开户www.hg108.vip)是一个开放皇冠正网即时比分、新2线上开户的平台。新2线上开户平台(www.hg108.vip)提供最新皇冠登录,皇冠APP下载包含新皇冠体育代理、会员APP。

上一篇:没有雾霾的天空 黄岳永

下一篇:Sòng bài online(www.vng.app):52岁的江珊现身机场,扎可爱马尾辫,网友:看起来像30多岁

网友评论