REUTERS is reporting that the Nasdaq listed First Solar Inc, which has a market capitalisation of US$21.35 billion, that READ : it's own internal audit has revealed that there are traces of force Labour at its solar plant in Kulim, Kedah.
MALAYSIA needs to buck up NOW rather then latter on the ESG front because most businesses today are inter related, and if our solar power players are black listed, it could even theoretically expand to the country's booming call centre and date centre business.
THE same goes if Bursa Malaysia under Umar Swift is too busy explaining on the complex methodology in tabulating ESG scores instead of taking the bull by its horns in making sure that there is ethical financing behind every purchase of shares on Bursa Malaysia.
