Page 15 - SC Annual Report 2018 (ENG)

Securities
Securities
Commission
Commission
Malaysia
Malaysia
ANNUAL
ANNUAL
REPORT
REPORT
2018
2018

Brighter Future with Green Finance

Over the last two years, Malaysia has seen encouraging growth in the number of green projects financed through the SRI
Sukuk Framework and the ASEAN GBS. Besides funding green buildings, green finance has also facilitated the
development of a growing number of solar power plants, supplying up to a total of approximately 299 megawatts for
Malaysia.

Green projects financed under SRI Sukuk Framework and ASEAN GBS
Quantum Solar Park
Sinar Kamiri (Semenanjung)
RM245 million RM1 billion
SRI Sukuk SRI Sukuk
(2018) 50 MW (2017)
UiTM Solar Power solar PV power plant
RM222 million 49 MW
SRI Sukuk and solar PV 50 MW Tadau Energy
AGB power solar PV RM250 million
(2018) plant power plant SRI Sukuk
50 MW (2017)
solar PV
power plant

Segi Astana 50 MW 50 MW
RM415 million solar PV power plant solar PV power
plant
ASEAN Green
MTN*
(2018)
PNB Merdeka Ventures Solar Photovoltaic
RM690 million (PV) Power Plant
SRI Sukuk and
AGB Green Building
(2017)
* MTN refers to Medium
Term Note

In 2018, following the International Capital of sustainable asset classes. To support
Market Association’s (ICMA) issuance of its ASEAN’s sustainable development needs, the
revised Green Bond Principles (GBP), the ACMF developed:
ASEAN GBS was correspondingly revised in
October to ensure its alignment with ICMA’s (i) ASEAN Social Bond Standards (ASEAN
GBP. The revised edition provides, among SBS), based on ICMA’s Social Bond
others, additional guidance and updated Principles, for financing projects that
definitions as well as encourages timely are socially beneficial; and
reporting of material developments.
(ii) ASEAN Sustainability Bond Standards
• ASEAN Social Bond Standards and ASEAN (ASEAN SUS), based on ICMA’s
Sustainability Bond Standards Sustainability Bond Guidelines, for
financing a combination of both green
In line with the growing importance of and social projects that offer
sustainable finance in ASEAN, one of ACMF’s environmental and social benefits.
key initiatives in 2018 was the development

PART 1 »» ENABLING SHARED VALUE GROWTH | 5
PART 1 »» ENABLING SHARED VALUE GROWTH | 5

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