OVER here ESG investments are parked under what is known as VIEW : Sustainable and Responsible Investment Funds, with a total fund size on its way to meet the RM5 billion mark.
AS a nation we are way behind Vietnam, which is understandable as non millennials as well as those from Generation Z, view ESG, which has been around since 2014, as just another fad, but the millennials see it as the future.
CAN'T blame the non millennials though as READ : ESG funds are quietly buying oil and gas stocks to chase returns
THOSE are badly needed returns due to the ballooning fund size. READ : ESG-focused institutional investment seen soaring 84% to US$33.9 trillion in 2026, making up 21.5% of assets under management: PwC report.
MALAYSIA'S Waltz with ESG, hasn't been smooth sailing, with some even making its to the front pages of the news papers for both negative and positive vibes.
ESG can put big sums of money into our pockets, due to its global fund size which staggers around US52 trilion, as well as punish those who violate the ESG ethos as in the case of Top Glove.
THE bottom line is what it is ; environmental and sustainable are sewn to the hip or the BIG G in ESG.
GOVERNACE is our biggest Achilles heel, glaringly transparent in the financial sector, as well as in regulatory and enforcement section.
IF the report is accurate, then why not probe a bit deeper into READ : On how three directors at Revenue Group voted to suspect the major shareholders from the board and then all there, decided to sell all of their shares in Revenue in the same ,and then all three resigned
THE time is ripe for the Prime Minister and Home Minister to step in, or we will soon be sliding into a future where corrupt money won't be given in envolpes, rather it will carried live via Tik tok
