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Saturday, April 20, 2024

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Malaysian government to assess energy companies on readiness to meet technical screening criteria of ASEAN Taxonomy for Sustainability Financing

MALAYSIA: Bank Negara Malaysia and Securities Commission Malaysia have announced their plan to engage with a wide range of stakeholders in the energy sector to assess the readiness of energy companies with regards to meeting the technical screening criteria of Version 2 of the ASEAN Taxonomy for Sustainability Financing, according to an official statement. Results of these stakeholder consultations will be used to finalize Version 2.

Issued on the 27th March 2023, Version 2 consists of the complete foundation framework and technical screening criteria for the first focus sector, namely the electricity, gas, steam and air conditioning supply sector under the Plus Standard.

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