Stock exchanges in Southeast Asia establish sustainability ecosystem
16 Feb 2024
The Bursa Malaysia Berhad (Bursa Malaysia), the Indonesia Stock Exchange (IDX), the Stock Exchange of Thailand (SET) and the Singapore Exchange (SGX) have announced a collaboration to develop an 'ASEAN Interconnected Sustainability Ecosystem (ASEAN-ISE)'.
The objectives of the ASEAN-ISE initiative include:
- Creating an integrated ESG ecosystem to promote the progress of sustainable development in the ASEAN countries;
- Enabling economies of scale through cost efficiency and faster time-to-market with fit-for-purpose solutions; and
- Assist ESG-compliant entities in maximising business value through quality disclosures and good ESG practices.
The press release is available on the Bursa Malaysia website.
