Alliance Bank Malaysia Berhad’s Post

This week’s ESG updates include announcements and strategies by various authorities to expedite and smoothen the ESG adaptation in Malaysia.   Public-listed companies are now mandated to use the Bursa Malaysia ESG Reporting Platform for standardized sustainability disclosures, aiming to streamline reporting and enhance sustainability requirements. The Malaysian Investment Development Authority (Mida) focuses on accelerating investments in sustainable projects, emphasizing cost-effective mechanisms for renewable energy and hydrogen, aligned with the government's net-zero emissions goal by 2050.   RAM Holdings Bhd highlights the imperative for Malaysian companies to align with global ESG standards, emphasizing the need for elevated compliance to maintain competitiveness in global supply chains. Additionally, The Sustainable Energy Development Authority (Seda) Malaysia leads initiatives for a sustainable energy future, emphasizing bioenergy clustering and proposing strategies such as technology exchange, private sector partnerships, and investments in innovative technologies to accelerate responsible energy transition and bridge gaps outlined in the Malaysian Renewable Energy Roadmap.   Meanwhile, UOB Malaysia successfully priced and privately placed EXSIM Group's RM365 million Asean Green SRI Sukuk Musharakah under the new Asean SRI Sukuk Framework. Rated AA3 by RAM Holdings Bhd, the sukuk exceeded its issuance size by over 3.9 times, reflecting strong investor interest in quality green investments. The proceeds will fund EXSIM's acquisition of beneficial interests in two Gold-certified green development projects, D’Clover and D’Terra Residences.   For more updates on this week’s ESG updates, please visit https://lnkd.in/gFQaHmZh   #zerinhabitat #esg #renewableenergy #greenbuildings #sustainability #roadmaps #frameworks #realestate #solarplant #esginvestments #greeninvestments #greeneconomy #sustainabletransportation        

Business partners' meeting today. Key area of discussion is on opportunities that will be boosted by the soon to be introduced Energy Efficiency and Conservation Act for Malaysia and increasing demand to improve ESG performance for companies in the local market. With strengths and proven track records of the company and each partner, we can only see more positive things to come for all to tap at each opportunity. Lee Ming, Phun Mohammad Iskandar Majidi #staypositive #esg #netr #netzero #energytransition

🌟 It was an absolute delight to do this discussion with Marat Zapparov, CEO of Pentagreen Capital. The interview 🎤 brings out the incredible work that Marat and his team at Pentagreen are doing and how it is much needed by Southeast Asia and South Asia to channel blended finance capital to parts of the market where it is not flowing. It is necessary that these projects get the much-needed backing and Pentagreen is identifying and bridging the funding gap that the market is not ready to fill, complementing what commercial banks and Multilateral Development Banks can do. - What sectors are they focusing on? - What due diligence process are they following? - What structures are they putting in place to tie up the risks? Read all the views here!   🌐 #PentagreenImpact #FinanceInnovation #ChangingTheGame #climatefinance #infrastrcturefinance #greenfinance Temasek HSBC AsianInvestor #assetowners #singapore #vietnam #Philippines #Indonesia #renewableenergy #electricvehicles #carbonneutral #parisagreement

Cleantech Iberia, the new initiative powered by Cleantech Group and Breakthrough Energy is now a reality! Cleantech Iberia was launched in #Madrid last week to bring innovators, investors and policymakers on the same page and allow #Spain and #Portugal to reach its full cleantech potential. According to cleantech group, the Iberian Peninsula could become the next cleantech industrial leader in #Europe! It's worth mentioning that 2022 was a record year for cleantech investment in Spain and Portugal, with EUR 676 million invested, an spectacular growth compared to the EUR 122 million invested in 2018. Invest in Spain https://lnkd.in/eF-cgjzP #Cleantech #Iberia #Sustainability #investment

At late 2023, Barito Renewables (BREN) defeats BCA to become the largest company in Indonesia by market capitalization. Although briefly, it becomes a new symbol of change in the business climate in Indonesia. MSMEs or other companies who are interested in demonstrating ESG can also consult with Gideon Consulting Group. Contact us to find out more. Source: BEI (2023); IEA (2023); Gideon Consulting Group (2023) #businessnews #saham #ekonomi #umkm

Facilitating a Focus Group Discussion on Green Financing. Today, I, representing Greenwise Consulting, have just facilitated an FGD workshop on "Situation Analysis for Private Sector Mitigation and Climate Adaptation in Accessing Green Financing.". The workshop was led by Greenwise Consultants in coordination with the NDF-GCF Indonesia Secretariat, BKF Ministry of Finance, and GGGI (Global Green Growth Indonesia) and was centered around the theme of the role SMEs can play in moving towards sustainable financing solutions. It was attended by experts, professionals and regulators too. The workshop had a gathering of some highly esteemed participants from KADIN Trading House, PT Energy Management Indonesia, PT Perumda PAL Jaya, Asosiasi Modal Ventura Start Up Indonesia, CI Ventures, PT Sarana Multi Infrastruktur, and others. The objective was, among others, to get the contribution of the private sector, investors, and other stakeholder sectors embarking on a climate-green finance journey that matters for our shared future. The FGD discusses the important questions: 1. What are the drivers and barriers in the sector to access green financing? 2. What kind of business model works for green financing? (including instruments) 3. What recommendations are given to improve enabling conditions for the green financing ecosystem? This made for an interesting and knowledgeable discussion and sharing of experiences on the importance of the private sector in promoting green financing. This happened through having a specific topic discussion on 4 sectors, i.e. Water, Renewable Energy, AFOLU (Agriculture, Forest, and Other Land Use), and Food sectors, which are split in each breakout room for each sector. Every participant was full of great ideas and emphasized uniqueness with their perspective and expertise, making the process more dynamic by building up a richer strategy. We want to round off the workshop with this assertion; Greenwise Consult still aims to support the efforts targeted at increasing the private sector's participation in green financing. We are excited to announce many more new ideas about our future actions and targets, as we are getting closer to darkening the environmental picture and constructing a resilient environment. Tag: Agny Kiasatina, Lenny Hidayat, Andrew Wanandy, Fadlan Muzakki, Viriya Paramita #GreenwiseConsulting #FocusGroupDiscussion #GreenFinancing #SituationAnalysis #StakeholderEngagement

Financing for a green future - Malaysia has set an unconditional target to cut carbon intensity against GDP by 45% by 2030 compared to 2005 levels. To achieve this, significant capital investments will be required to be channelled towards green projects relating to nature-based solutions, renewable energy, energy efficiencies, etc. The public and private sector will have an increasing role to drive this transition. ESG forums, such as this, help create awareness and open up conversations and discussions on better sustainability approaches. Congratulations The Edge Malaysia for successfully organising the ESG Forum 2023: financing for a green future. Tengku Zafrul Aziz Arina Kok #sustainabilty #sustainablefinance #esg #climatechange #climateaction #buildingabetterworkingworld