Kenyataan Media
BURSA MALAYSIA ANNOUNCES CONSTITUENT ADDITIONS TO FTSE4GOOD BURSA MALAYSIA INDEX- DECEMBER 2016 REVIEW
Total FTSE4Good Bursa Malaysia Index constituents grew from 38 to 42 – 6 new inclusions and 2 deletions
KUALA LUMPUR, 8 December 2016 – Bursa Malaysia Berhad (“Bursa Malaysia” or “the Exchange”) has announced 6 new additions to the constituents of the FTSE4Good Bursa Malaysia (“F4GBM”) Index.
The F4GBM Index measures the performance of public listed companies (“PLCs”) demonstrating strong Environmental, Social and Governance (“ESG”) practices and was launched in December 2014 with a total of 24 constituents comprising PLCs from across the small, medium and large market capitalisation segments. In the two reviews post launch in December 2015 and June 2016, the number of constituents has grown steadily to 34 and 38 respectively.
For the latest review period of December 2016, there were 6 new additions to the F4GBM Index constituents. With 2 deletions, due to liquidity filtering, the number of constituents now stands at 42. These new ESG constituents are from large to small cap segments that spanned four sectors (Finance, Consumer Products, Industrial Products and Trading/Services), highlighting the quality and strength of the issuers in the marketplace.
Bursa Malaysia and FTSE Russell have been conducting outreach programmes to companies to encourage and support them in improving their ESG disclosures and practices. The continuous increase in the number of constituents is a reflection of the PLCs benefitting from these programmes and catalysing their efforts towards ESG best practices.
F4GBM Index constituents are drawn from the 200 shortlisted companies on the FTSE Bursa Malaysia EMAS Index and are reviewed in June and December against international benchmarks developed in collaboration with FTSE Russell. The constituents of the FTSE4Good Bursa Malaysia are available at http://www.bursamalaysia.com/market/products-services/indices/ftse-bursa-malaysia-indices/overview/