Thursday, September 24

Bursa Malaysia commits to sse initiative

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KUALA LUMPUR: Bursa Malaysia Bhd has signed the Sustainable Stock Exchanges’ (SSE) voluntary commitment to promote sustainability performance and transparency in capital markets.

The support for SSE’s sustainability initiative underscores the national exchange’s commitment to remain one of the world’s most competitive markets by integrating global best practices in the local marketplace, Bursa Malaysia said in a statement yesterday.

Chief executive officer Datuk Tajuddin Atan said that Bursa Malaysia was pleased to join other global exchanges on the SSE platform as a partner exchange.

“This integrates well with our existing agenda and commitment to step up our efforts in promoting sustainable practices in our marketplace,” he said at the SSE Regional Dialogue for South East Asia in Bangkok yesterday.

He said Bursa Malaysia’s participation as an SSE Partner Exchange also complemented its ongoing efforts in promoting sustainable practices which included mandatory reporting, issuances of guides, advocacy and training.

“We look forward to participating in the SSE initiative as a global forum for sharing best practices on sustainability and capital markets.

“By joining SSE, Bursa Malaysia could leverage this global platform to engage in a more active manner with other partner exchanges, investors, regulators, policy makers to shape the sustainability agenda for capital markets through sharing of best practices and lessons learned in promoting sustainable markets,” he added. — Bernama