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Thursday, July 18, 2024

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Bursa Malaysia signs MoU with London Stock Exchange Group to enable publicly listed companies to better measure ESG performance

GLOBAL: Bursa Malaysia has signed an MoU with the London Stock Exchange Group (LSEG) to enable publicly listed companies (PLCs) to better measure their ESG performance, a statement confirmed. The MoU will see Bursa Malaysia and FTSE Russell, LSEG’s global multi-asset index and benchmark provider, expand their coverage of ESG scores to include all PLCs on the Main and ACE Markets.

The MoU will also see the entities collaborate on ESG educational initiatives, support the implementation of sustainable supply chain finance and transition financing workflows among financial institutions as well as explore corporate ESG reporting solutions.

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