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Today, we became the first home-grown bank to enter into a Memorandum of Understanding (“MoU”) with Bursa Malaysia on the #financing4ESG initiative to accelerate the adoption of environmental, social, and governance (“ESG”) practices among Malaysian Public Listed Companies (“PLCs”).   The collaboration aims to help Malaysian PLCs improve their sustainability performance and ratings for inclusion into the FTSE4Good Bursa Malaysia (“F4GBM”) index, and at the same time support their transition towards more sustainable business practices through various green, social, sustainable impact products and services (“GSSIPS”) offered by the Group.   “CIMB is pleased to join the #financing4ESG initiative by Bursa Malaysia, as it is critical for the financial sector to encourage ESG adoption within the corporate sector through sustainable finance. This will help to enhance the long-term resilience and competitiveness of Malaysian businesses, and at the same time support the transition towards a net-zero economy. This strategic collaboration is firmly in line with CIMB’s sustainability agenda under our Forward23+ strategic plan,” said Group Chief Executive Officer, Dato’ Abdul Rahman Ahmad.

Bursa Malaysia inks MoU with CIMB on #financing4ESG to accelerate ESG adoption among Malaysian PLCs

Bursa Malaysia inks MoU with CIMB on #financing4ESG to accelerate ESG adoption among Malaysian PLCs

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