Westports, OCBC Bank adopt Bursa's CSI platform to advance sustainability practices

TheStar Wed, Oct 11, 2023 04:57pm - 2 years View Original


From left: The MoC was signed by Datuk Ruben Emir Gnanalingam Abdullah, Executive Chairman and Group Managing Director of Westports; Datuk Muhamad Umar Swift, Chief Executive Officer of Bursa Malaysia; and Tan Ai Chin, Managing Director, Senior Banker & Head of Investment Banking of OCBC Bank

KUALA LUMPUR: Westports Holdings Bhd and OCBC Bank (Malaysia) Bhd have become the latest adopters of Bursa Malaysia's centralised sustainability intelligence (CSI) platform.

In a statement, the stock exchange operator said the parties have signed a memorandum of collaboration (MoC), which aims to widen adoption among Malaysian companies, particularly within the transportation and logistics sectors, through improved Environmental, Social and Governance (ESG) data transparency and interoperability.

The CSI Platform, which was developed by Bursa Malaysia in collaboration with the London Stock Exchange Group, will serve as a repository for sustainability disclosures by Malaysian listed companies, along with disclosures by local and international suppliers throughout their supply chains.

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