Stay informed about the latest developments in sustainable and responsible business practices, impact investing, and the global shift towards a more ethical and environmentally-conscious economy.
KUALA LUMPUR, April 24 — Chemicals manufacturer Ancom Nylex Bhd has announced its bid to acquire homegrown environmental solutions company Green Lagoon Technology Sdn Bhd (GLT) for RM120 million. The move will be done through its subsidiary Ancom Logistics Berhad (ALB), in which it owns 34 per cent stake, the group said in a statement….
KUALA LUMPUR, April 24 — Chemicals manufacturer Ancom Nylex Bhd has announced its bid to acquire homegrown environmental solutions company Green Lagoon Technology Sdn Bhd (GLT) for RM120 million. The move will be done through its subsidiary Ancom Logistics Berhad (ALB), in which it owns 34 per cent stake, the group said in a statement….
(June 17): The world’s best-performing ESG fund of 2023 was built by Ark Investment Management LLC and powered by a huge bet on crypto. The US$2.4…
BRUSSELS: The finance industry will be shielded from the full scope of the European Union’s (EU) most consequential piece of environmental, social and governance (ESG) legislation to date, as the bloc settles on a compromise to help it get the bill over the finish line. Read full story
KUALA LUMPUR: Alliance Bank Malaysia Bhd has recently bagged 12 awards for its digital transformation and environmental, social and governance (ESG) initiatives, affirming the success of its Acceler8 transformation strategy. Read full story
(Dec 4): In recent years, many of the world’s biggest banks have published reports chronicling the vast sums they say they are channelling into environmental and…
KUALA LUMPUR: Bursa Malaysia Securities Bhd today unveiled the Bursa Malaysia ESG Reporting Platform, which will act as a repository for disclosures conforming to the prescribed format mandated under Bursa Malaysia’s enhanced sustainability reporting requirements introduced on Sept 26, 2022. Read full story
KUALA LUMPUR: The government should be more aggressive in attracting more investors to the field of environmental, social and governance (ESG) to achieve the target of zero carbon emissions by 2050, said a senator. “This is to ensure that the country gets large investments as Malaysia needs RM1.3 trillion by 2050 to achieve zero carbon,“…
LONDON: Environmental, social and governance (ESG) fund managers who turned to big tech as a low-carbon, high-return bet are growing increasingly anxious over the sector’s experimentation with artificial intelligence (AI). Read full story
With news in recent weeks about the huge outflow of funds from green energy-focused stocks in developed economies, it is perhaps pertinent to ascertain what banks make of this issue that has affected some of the highly environmental, social and governance (ESG)-compliant companies in the world. Read full story