Bursa Malaysia’s Centralized Sustainability Intelligence (CSI)

On June 21st, 2024, Bursa Malaysia in collaboration with Malaysia’s Ministry of Investment, Trade and Industry (MITI) had launched Centralized Sustainability Intelligence (CSI). As the world are now heading towards Green and sustainability energy in order to address the climate change, promoting energy security and supporting economic growth, various initiatives has been made to ensure the preservation of natural resources for future generations while strengthening global stability and economic growth.

So what does CSI do?. CSI is a platform that helps support Malaysian companies towards Environmental, Social and Governance (ESG) goals by consolidating, manage and analyze sustainability- related data. Thus, helps to improve sustainability reporting, improve decision-making and align with Global ESG standards.

Here is Why you need to use the CSI Platform:-

• Efficient ESG Reporting – Simplifies ESG Compliance with ESG reporting standards, and maintain accurate and consistent sustainability disclosure across multiple stakeholder including investors, customers and regulator.
• Carbon tracking on carbo reduction and decarbonization.
• Access to Green Financing with preferential rates that often tied with sustainability practices, and attracts investors and financial support for environmentally friendly initiatives. Allianz Bank Malaysia is one of the local bank that has lists of financing products for SME customers for low carbon transition, digitalization and tech transformation.
• Ensures policy and compliance aligns with government regulation and industry-specific sustainability requirements as well as helping with audits and assessments that tied with ESG Metric.

As part of the national’s sustainability goals, companies are starting to implement sustainability into their operations. In business standpoint, there will be a requirements to have sustainability reports or assessments for a certain project. That is why this platform could be a key to help attract eco-conscious customers, investors and partners.