Malaysia’s net zero transition: expediting ESG

Malaysia’s Joint Committee on Climate Change (JC3) met last month to outline five initiatives to expedite the market’s transition to net zero. FA spoke to experts to assess the regulatory environment that Malaysia is working to cultivate, in support of climate-conscious investment.

November 07, 2023

Malaysia’s Joint Committee on Climate Change JC3 met last month to explore collaborative action to advance the development of climate resilience within Malaysia’s financial sector.  

“Sustainable investments are gaining momentum in Malaysia with key investment themes built around the need for accelerating sectoral transition and climate resilience, such as energy transition, circular economy, food security, and mobility transformation,” a spokesperson for Bank Negara Malaysia BNM told FinanceAsia.

The JC3 board was set up in September 2019 to ensure a cohesive approach to ESG endeavours, with its inception serving as “great testimony” to how proponents of Malaysia’s capital markets aim to work closely to...

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