KUALA LUMPUR: Maybank Group will be investing RM1.6 million over the next two years to ramp up its capabilities in environment, social and governance (ESG) research.

The initiative is expected to help pave the way for the emergence of energy transition and decarbonisation solutions in support of the government’s National Energy Transition Roadmap (NETR) and Low Carbon Aspiration 2050.

Maybank’s enhanced ESG research was launched at the Invest Malaysia KL forum here yesterday.

Its president and CEO Khairussaleh Ramli said the NETR would increase the demand for clean energy sources and financing for new infrastructure, technologies and decarbonising energy-intensive industries.

“Given our extensive on-the-ground research, we are strategically placed to become the go-to partner in our clients’ net zero transition journey,” he said.

“Our aspiration is to become a key player in the carbon ecosystem and contribute to a sustainable future for Malaysia and Asean,” he said.

Through the initiative, the impact of material ESG factors on a company’s risks and opportunities, including its revenue, costs and enterprise value would be included in financial analyses.

It will also include impact analysis on the adequacy of sustainability targets, alignment with industry standards and game-changing actions.

Khairussaleh said investors would be better equipped to evaluate the adequacy of ESG initiatives by companies, as well as transition opportunities and risks with more granular analysis.

This should raise investors’ confidence in investing in Asean, which Maybank considers to be a safe harbour in uncertain times, he added.

Maybank is one of the first financial institutions in the region to establish an ESG research team, publish dedicated ESG research, and establish its own proprietary ESG rating and scoring.

<h1>Maybank to invest RM1.6mil in ESG research</h1>Initiative is in support of the government’s energy transition plan and low carbon aspiration.KUALA LUMPUR: Maybank Group will be investing RM1.6 million over the next two years to ramp up its capabilities in environment, social and governance (ESG) research.The initiative is expected to help pave the way for the emergence of energy transition and decarbonisation solutions in support of the government’s National Energy Transition Roadmap (NETR) and Low Carbon Aspiration 2050.Maybank’s enhanced ESG research was launched at the Invest Malaysia KL forum here yesterday.Its president and CEO Khairussaleh Ramli said the NETR would increase the demand for clean energy sources and financing for new infrastructure, technologies and decarbonising energy-intensive industries.“Given our extensive on-the-ground research, we are strategically placed to become the go-to partner in our clients’ net zero transition journey,” he said.“Our aspiration is to become a key player in the carbon ecosystem and contribute to a sustainable future for Malaysia and Asean,” he said.Through the initiative, the impact of material ESG factors on a company’s risks and opportunities, including its revenue, costs and enterprise value would be included in financial analyses.It will also include impact analysis on the adequacy of sustainability targets, alignment with industry standards and game-changing actions.Khairussaleh said investors would be better equipped to evaluate the adequacy of ESG initiatives by companies, as well as transition opportunities and risks with more granular analysis.This should raise investors’ confidence in investing in Asean, which Maybank considers to be a safe harbour in uncertain times, he added.Maybank is one of the first financial institutions in the region to establish an ESG research team, publish dedicated ESG research, and establish its own proprietary ESG rating and scoring.Malayan Banking Berhad (doing business as Maybank) is a Malaysian universal bank, with key operating "home markets" of Malaysia, Singapore, and Indonesia.For any enquiries, please contact our Maybank Group Customer Care at 1-300-88-6688 (Malaysia) or + 603 7844 3696 (overseas).

Banks / Credit unions

Initiative is in support of the government’s energy transition plan and low carbon aspiration.

Maybank to invest RM1.6mil in ESG research

HR / Recruitment

Skin care / Cosmetics / Hair products

Internet service

Film / Drama

Magazines / Books / Publications

Marketing / Research

Diet / Health food / Supplement

Childbirth / Childcare

Interior / Furniture / Storage

Mobile device

Servers / Peripherals

Network / Network Equipment

System / Website / Application development

Electronic components / Semiconductors / Electrical equipment

Department stores / Supermarkets / Convenience stores / Stores

Wholeseller

Manga / Anime

Arcade Game

Toys / Playsets / Dolls

Car / Car Supplies

Motorcycles / Motorcycle Supplies

Daily necessities / Household goods

Garden / DIY

Shoes / Bags

Jewelry / Accessories

Kids / Baby / Maternity

Food / Sweets

Soft Drinks / Alcoholic drinks

Restaurant / Fast food / Streetfood

Eating at home / Delivery

Fitness / Healthcare

Medical / Hospital

Pharmaceuticals

Pets / Pet Supplies

Gifts / Flowers

Love / Marriage

Funeral

Hotels / inns

Travel / Sightseeing

Theme Park / Amusement park

Residential / Condominium

Commercial facilities / Office buildings

Architecture / Space design

Construction / Civil engineering

Advertising / Promotion / PR

Sales

Management Consulting

Think tank

Legal / Patent / Intellectual Property

Logistics / Warehouse / Cargo

Steel / Metal / Glass / Earth / Stone / Rubber

Chemistry

Electricity / Gas / Resources / Energy

Nature / Weather

School / University

Cram school / Preparatory school / Online education

Life insurance / Non-life insurance

Mobile app

Mobile games

Cooking / Home appliances

Health and Beauty appliances

Application

Ladies' Fashion

Men's Fashion

Accounting

Environment / SGDs / Recycling

International activity

Full time job / Part-time job / Career

E-commerce

Music

Internet Service Provider / Line connection

Camera

AV equipment

Consumer Games

Outdoors / Mountain Climbing

Welfare / Nursing / Rehabilitation

Qualifications / Study Abroad / Language

Childcare / Early childhood education

Credit card / Loan

Securities / FX / Investment Trusts

Moving

Politics / Government / Local government

Volunteer

Agriculture / Forestry / Fisheries

Bicycle / Bicycle Supplies

Female Related

Venture Capitals

Coaching / Mentoring / Consultation

Automotive / Motorcycle / Bicycle

Automotive / Automotive Supplies

Interior / Goods

Real Estate / Architecture / Construction

Software

Blockchain / Web3

Security

Telecommunications / VoIP

Show Business

Comedy

Finance

Maybank Malaysia