PETALING JAYA: Bursa Malaysia Bhd signed a memorandum of collaboration (MoC) with Westports Holdings Bhd and OCBC Bank (Malaysia) Bhd, making them the...
PETALING JAYA: Bursa Malaysia Bhd signed a memorandum of collaboration with Westports Holdings Bhd and OCBC Bank Bhd, making them the latest adopters of the centralised sustainability intelligence Platform.
Additionally, it will enable companies to calculate and track their carbon emissions impact, while subsequently facilitating green financing and decarbonisation efforts. Westports’ participation in the EAP will enable the company to examine the Scope 3 emissions of its supply chain and allow it to fulfill its decarbonisation obligations to its customers, while enhancing ESG data management and performance to attract new business opportunities.
Meanwhile OCBC bank senior banker & head of investment banking managing director Tan Ai Chin said that the bank has been proactively and progressively driving changes in the financial industry by innovating effective financial solutions that can encourage and incentivise sustainable best practices. The CSI Platform will enable OCBC Bank to enhance the ESG supply chain through provision of sustainable financial solutions, to facilitate corporates to manage and reduce their respective Scope 3 emissions. Companies seeking to improve their carbon footprint will have access to a variety of offerings and assistance from OCBC Bank such as:
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