媒体新闻稿
BURSA MALAYSIA AND GLOBAL COMPACT COLLABORATE TO ADVANCE MALAYSIA’S CAPITAL MARKET SUSTAINABILITY AGENDA
Bursa Malaysia Berhad (“Bursa Malaysia” or the “Exchange”) and UN Global Compact Network Malaysia & Brunei (“UNGCMYB”), the Malaysian and Bruneian chapter of the United Nations Global Compact, today announced their collaboration to work towards achieving the United Nations Sustainable Development Goals (“SDG”). The United Nations Global Compact is the largest corporate sustainability initiative in the world that aims to support responsible business conduct by incorporating the Ten Principles, which include areas on human rights, labour, environment and anti-corruption, into strategies, policies and procedures.
Under the MoU signed today, both parties will collaborate on several areas with shared priorities to develop common plans of actions in advancing the corporate sustainability agenda. Among others, it will include the development of a Corporate Sustainability Competency Framework. This framework aims to serve as a reference for determining job capabilities and core competencies for corporate sustainability professionals.
Commenting on the collaboration, Datuk Muhamad Umar Swift, Chief Executive Officer of Bursa Malaysia said, “The Corporate Sustainability Competency Framework is essential for providing future professionals with the necessary competencies and skills to respond to the sustainability challenges in an increasingly complex global environment.”
“Today’s MoU signing with UNGCMYB reaffirms our commitment to make progress in building a sustainable marketplace. We look forward to the collaboration in developing innovative solutions which will also play an important role in advancing the SDGs,” Datuk Umar added.
Mr Faroze Nadar, Executive Director of UNGCMYB said, “Our collaboration with Bursa Malaysia signals the collective intention to raise the SDG Ambition of Malaysian businesses and to entrench corporate sustainability credentials, as the next competitive advantage, beyond price, quality and speed metrics for local and global trade.”
The MoU will also leverage on the Exchange’s digital sustainability platform, BURSASUSTAIN to engage with stakeholders on pertinent sustainability issues and trends in Malaysia’s capital market. Both parties will also explore jointly organising events, conferences and workshops that will have a positive impact in driving the corporate sustainability agenda forward.
Event Photo: Virtual MoU Signing Ceremony
From L-R: Emilia Tee, Director of Group Sustainability, Bursa Malaysia; Datuk Muhamad Umar Swift, CEO of Bursa Malaysia; Ausvinna Karisa, Coordinator of UNGCMYB; Faroze Nadar, Executive Director of UNGCMYB