Islamic Finance

Malaysia’s palm oil giant Sime Darby mulling ESG bond, local investors ready, says sustainability chief


KUALA LUMPUR - Malaysia’s biggest plantation company Sime Darby is exploring an ESG (environmental, social, and governance) bond issuance tied to the United Nations’ Sustainable Development Goals (SDGs), chief sustainability officer Dr. Simon Lord told Salaam Gateway on Wednesday.

Sime Darby Plantation is a Shariah-compliant security listed on Bursa Malaysia and the largest division of the Sime Darby Group.

Lord did not reveal a timeline for the bond issuance but said it has been discussed at the board level and it could be “nearer than you think.”

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tags:

Bonds
ESG
Responsible Finance
SRI
Sukuk
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Stephanie Augustin