KUALA LUMPUR – Capital Markets Malaysia (CMM) which initiated Centre for Sustainable Corporations (CSC) to embrace corporate sustainability and local and international positioning and profiling of the Malaysians capital market.
Following the recent study by the CSC, which interviewed the CEOs of the public listed companies, revealed that the Boards commitment is the key within their organizations in sustainable practices.
“The factor that has been the key driver for the corporations is the growing emphasis on environmental, social and governance (ESG) to evaluate and adopt practices that are aligned with global sustainability standards.
“In January 2020, the CSC was launched to support Malaysian public listed companies to meet the requirements of the various sustainability guidelines and standards.
“The CSC will continue in showcasing Malaysian corporates to domestic and international sustainable and responsible investments (SRI) investors,” said Zalina Shamsudin, General Manager of CMM in a statement on January 18.
Moreover, in 2020, after the series of training programs for Malaysian PLCs including the study amongst Malaysian CEOs of best practices in corporate sustainability, the centre of excellence, renamed the Centre for Sustainable Corporations (CSC).
The CEO Guide to Sustainability-Centric Business, co-authored by UN Global Compact Network Malaysia & Brunei and Nottingham University Business School, Malaysia, is available on CSC’s website.
In addition to its founding partner, UN Global Compact Network Malaysia & Brunei, CSC is proud to have WWF Malaysia, CDP and ERM Malaysian as their knowledge partners.
They all collaboratively contribute to CSC’s delivery of programmes and initiatives to support the sustainable aspirations of Malaysian corporates.
Therefore, the General Manager concludes that CMM draws on the expertise of our partners in delivering the training and coaching programs to focus on the specific needs of our PLCs in achieving their sustainability ambitions.