Malaysia. RAM Ratings: Malaysia has potential as Sustainable Responsible Investment hub
RAM Ratings sees Malaysia evolving into a sustainable responsible investment (SRI) hub, supported by its prominent global presence in Islamic finance.
RAM Ratings sees Malaysia evolving into a sustainable responsible investment (SRI) hub, supported by its prominent global presence in Islamic finance. The proactive efforts and strong commitment of Bank Negara Malaysia, Securities Commission Malaysia (SC) and Bursa Malaysia have paved the way for both responsible and green finance to thrive in Malaysia. According to publicly available data from the SC, six SRI or green bond and sukuk programmes – with a cumulative value of USD1.02 billion – were issued between 27 July 2017 and 27 April 2018.
The SRI market is also bolstered by the growing number of domestic and international investors that are actively engaging with corporates on environment, social and governance (ESG) issues. “Increasingly more investors are factoring ESG into their analysis as part of best practices, and this is driving demand for SRI,” highlighted Deputy CEO of RAM Ratings Promod Dass, at the Sustainable Investment Roundtable on 16 July 2018, hosted by the SC.
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