SC Launches SRI roadmap for the capital market to drive Malaysia’s sustainable development
The Securities Commission Malaysia (SC) today released the Sustainable and Responsible Investment Roadmap for the Malaysian Capital Market (SRI Roadmap) which aims to create a facilitative SRI ecosystem and chart the role of the capital market in driving Malaysia’s sustainable development.
“Sustainability is an important global agenda given the need to address real issues on the ground that are affecting society, such as the eradication of poverty, providing access to education and healthcare, and addressing climate change,” said Datuk Syed Zaid Albar, Chairman of the SC.
It is estimated that in the next ten years, the world needs about USD5 to 7 trillion every year to fund the United Nation’s Sustainable Development Goals while in Malaysia, it is projected that in the next five years, the market will require RM45 billion to finance the long-term development goals.
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