Page 117 - SC SCAR 2023 ENGLISH Flipbook

PART 4 STRATEGIC ENGAGEMENTS WITH STAKEHOLDERS
Engagement with Government Ministries and Agencies
The SC continues to work with government ministries and agencies in advancing the sustainability agenda. On 4 July 2023, the SC organised a closed-door SRI sharing session to enhance the understanding and awareness of key ministries on SRI initiatives in the Malaysian capital market. Attendees of the session included working-level representatives of MOF, NRECC, Ministry of Education (MOE), MITI, etc.
The SC also participated in the Energy Transition Townhall session on 7 March 2023, which was chaired by YB Tuan Nik Nazmi Nik Ahmad, Minister of NRECC. This session served as a platform for stakeholders from the Malaysian energy sector to share their feedback on the country’s energy transition direction. Additionally, on 17 April 2023, the SC participated in a National Energy Transition Roadmap (NETR) workshop organised by the MOE. The workshop sought feedback and input from among others, key stakeholders from Malaysia’s energy sector, on energy transition-related initiatives and projects that could catalyse Malaysia’s economic growth and facilitate Malaysia’s transition to net zero.
Promoting SRI Awareness and Capacity Building Locally and Internationally
The SC organised numerous awareness and capacity-building initiatives as well as participated in local and international sustainability events as part of knowledge sharing and to further enhance the profiling of SRI. These initiatives are crucial to accelerate the growth and development of a facilitative SRI ecosystem in Malaysia.
Enhancing Greater Awareness of Principles-Based SRI Taxonomy
Following the issuance of the Principles-Based SRI Taxonomy for the Malaysian Capital Market in December 2022, the SC continued to engage with relevant stakeholders to enhance the understanding and encourage greater adoption of the SRI Taxonomy within the Malaysian capital market. Continuous capacity-building initiatives and engagements were conducted for the capital market industry and other stakeholders in 2023.
In March 2023, the SC and SIDC jointly organised
the ‘SRI Taxonomy: Insights and Implementation’
programme, which provided comprehensive insights into the SRI Taxonomy, offering valuable guidance to organisations aiming to pivot their business models to align with sustainability objectives.
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