KUALA LUMPUR — Bursa Malaysia Bhd has become the first Malaysian public-listed company to achieve the highest score of 5.0 under the FTSE4Good ESG assessment framework and index methodology.
The achievement places Bursa Malaysia among a select group of companies in the FTSE4Good universe, which assesses more than 12,000 companies globally.
In a statement, Bursa Malaysia said the achievement was mainly driven by its strong performance under the Climate Change theme within the FTSE4Good criteria.
It said this was supported by the exchange’s enhanced sustainability disclosures across environmental, social and governance (ESG) matters, particularly climate-related reporting aligned with internationally recognised standards such as IFRS S2.
Bursa Malaysia chief executive officer Datuk Fad’l Mohamed said the recognition reflected the exchange’s progress in strengthening ESG practices and disclosures.
“As the national exchange, we believe the standards we encourage across the market must first be reflected in our own practices.
“Attaining the highest score in a globally recognised ESG benchmark such as the FTSE4Good ESG assessment is proof of our progress in strengthening ESG practices and disclosures,” he said.
Fad’l said Bursa Malaysia was committed to maintaining the standard, adding that ESG reporting was important in helping investors understand risks, opportunities and the drivers of long-term value creation.
Beyond its own operations, Bursa Malaysia has strengthened sustainability reporting requirements for listed issuers in line with the National Sustainability Reporting Framework.
It has also introduced initiatives such as the Centralised Sustainability Intelligence Solution to make sustainability reporting and ESG data management easier for listed companies and their suppliers.
The exchange said these initiatives support improvements in the quality and comparability of sustainability disclosures among listed issuers.
Launched in 2001 by FTSE Russell, the FTSE4Good benchmark is one of the world’s longest-standing and most recognised ESG benchmarks.
The benchmark uses a transparent, rules-based methodology and serves as a reference point for institutional investors seeking companies with strong ESG practices.
