In a bid to increase the adoption of environmental, social and governance (ESG) practices among public-listed companies (PLCs), Bursa Malaysia Bhd announced last year that going forward, all PLCs will be automatically given an ESG score by FTSE Russell.

Editor’s note

Companies can no longer get away with a superficial embrace of environment, social and governance (ESG) without understanding or embodying what it means, given that scrutiny on greenwashing is on the rise, said Minister of Natural Res­ources, Environment and Climate Change Nik Nazmi Nik Ahmad at ...

Leaders in sustainability honoured at The Edge Malaysia ESG Awards 2023

George Kent (Malaysia) Bhd has won gold at The Edge Malaysia ESG Awards 2023 in the construction sector category, thanks to the integration of ESG principles into its corporate strategy. The focus, says its executive director Bernie C K Ooi, is on environmental stewardship, social responsibility and sound governance.

George Kent persists with sustainability efforts despite challenges

Fraser & Neave Holdings Bhd (F&N) won the gold award at The Edge Malaysia ESG Awards 2023 in the consumer products and services sector.

F&N takes a comprehensive approach to sustainability

Navigating the decarbonisation journey as an oil and gas company is tough due to the nature of the business, which is carbon-intensive. Energy services company Deleum Bhd, however, has invested efforts in this area. It bagged the gold award under the energy category at The Edge Malaysia ESG Awards 2023.

Deleum commits to sustainability

For the second year running, Hong Leong Bank Bhd won gold in the financial services sector at The Edge Malaysia ESG Awards 2023. Its group managing director and CEO Kevin Lam says this is a testament to its unwavering commitment to upholding ESG principles.

Hong Leong Bank’s commitment reflected in consecutive wins

Duopharma Biotech Bhd has emerged as the gold winner in the healthcare sector at The Edge Malaysia ESG Awards 2023, thanks in part to the meaningful commitment the company has made to adopt ESG practices.

Duopharma wants ESG to drive business innovation

Datuk Lee Yeow Chor, group managing director and CEO of IOI Corp Bhd, attributes the company’s gold award in The Edge Malaysia ESG Awards 2023’s plantation category to the team’s dedication and early start on the ESG journey.

IOI Corp moving towards decarbonising its operations

Press Metal Aluminium Holdings Bhd won gold at The Edge Malaysia ESG Awards 2023 in the industrial products and services category and in the green transition sector. This is thanks to the company’s efforts in integrating ESG principles into every aspect of its operations and ingraining these into the company’s DNA and strategy, says its head of group sustainability Ivan Gan.

Press Metal emphasises sustainability governance

Genting Plantations Bhd (GENP) won gold at The Edge Malaysia ESG Awards 2023 under the plantations category, thanks to its sustainability journey that it started nearly three decades ago, says Tan Wee Kok, president and chief operating officer of GENP.

Genting Plantations’ three-decade sustainability journey continues

IOI Properties Group (IOIPG) has embraced ESG as a core component of its business strategy, a move that helped it clinch the gold prize in the property sector at The Edge Malaysia ESG Awards 2023.

Charting a sustainable future: IOI Properties’ ESG journey

Hektar Real Estate Investment Trust emerged as the gold winner in  both the REIT sector and outstanding ESG and dividend return categories of The Edge Malaysia ESG Awards 2023, thanks to its efforts to reduce its carbon footprint through energy initiatives, which allowed the company to reap both environmental and cost benefits.

ESG ensures sustainable growth of businesses, communities, says Hektar REIT

Malaysian Pacific Industries Bhd (MPI) won gold in the technology sector at The Edge Malaysia ESG Awards 2023. This marks the second year in a row it took home the trophy.

MPI repeats win but is not complacent

CelcomDigi Bhd took home the gold award in the telecommunications and media sector at The Edge Malaysia ESG Awards 2023. Joachim Rajaram, its chief corporate affairs officer, attributes the success to the coming together of two established sustainability-minded entities.

CelcomDigi merges two sustainability strategies

Pakatan Harapan will hold a presidential council meeting on Friday evening to discuss current developments, according to a local news report.

Pakatan Harapan leaders to meet on current political developments — report

Oil prices fell 2% on Friday, extending losses for a third straight session, as easing concerns over Saudi supply disruptions outweighed anxiety about a widening Middle East conflict.

Oil prices fall 2% on hopes of limited Saudi supply disruptions

Russia took control of the local businesses of Swiss food giant Nestle SA and French supermarket chain Auchan in the Kremlin’s largest takeover of foreign corporate assets since at least 2024 amid rising tensions with Europe.

Russia grabs Nestle, Auchan assets in biggest seizure since 2024

Sunway Medical Group broke ground for the RM800 million Sunway Medical Centre Iskandar Puteri in Johor on Friday, further completing the 2,000-acre Sunway City Iskandar Puteri township development.

Sunway Medical Group breaks ground for RM800 mil Sunway Medical Centre Iskandar Puteri in Johor

SoftBank Group Corp has increased its margin loan backed by shares of its chip unit Arm Holdings Plc by US$5 billion (RM20.4 billion) to US$25 billion, according to people familiar with the matter, as the conglomerate finds ways to fund its expanding investments in artificial intelligence.

SoftBank raises Arm margin loan to US$25 bil as AI bets grow — Bloomberg

KYM Holdings Bhd (KL:KYM) is planning to acquire a 70% stake in orthopaedic and specialist healthcare group Regen Healthcare Sdn Bhd, which marks its entry into the healthcare sector and diversifying its manufacturing-dominated earnings base.

KYM to expand into healthcare segment with 70% stake buy of Regen Healthcare

The High Court on Friday dismissed businessman Albert Tei's application to transfer five corruption charges against him from the Sessions Court to the High Court.

High Court dismisses Albert Tei's bid to transfer corruption charges

theedgemalaysia.com highlighted four stocks with positive momentum and one stock with negative momentum at Bursa Malaysia's afternoon close on Friday (Sept 18).

Stocks with momentum on Sept 18, 2026: OCK, DPI Holdings, Enproserve, JAKS Resources, Ni Hsin

It is unfeasible for rivals to absorb AirAsia Group Bhd's (KL:AAGB) domestic market share even as a contingency plan, the airline’s adviser Tan Sri Tony Fernandes said.

Talks of rival airlines absorbing AirAsia's capacity 'ludicrous' — Fernandes

The Bank of Japan (BOJ) raised its benchmark interest rate, ramping up the pace of hikes to the fastest in 36 years as it confronts mounting inflation risks and unusually explicit calls for further policy normalisation from Washington.

Japan's central bank hikes rates in split decision after US pressure

AirAsia Group Bhd's (KL:AAGB) operation is sustainable with over RM1 billion cash in hand, group adviser Tan Sri Tony Fernandes said&nbsp;as he dismissed concerns about the airline's finances.

AirAsia sustainable with RM1 bil cash, no govt bailout requested, says Fernandes

Former prime minister Datuk Seri Najib Razak has been allowed house arrest to serve out his&nbsp;remaining sentence for grand corruption.&nbsp;

King consents to house arrest for Najib until August 2028

AirAsia Group Bhd (KL:AAGB) has sold six newly-delivered aircraft since the start of last year, including two in July, in an unusual about-face that points to the financial strain gripping the airline.&nbsp;

Cash-strapped AirAsia takes unusual step of unloading new planes

Budget 2027 could see further sales and service tax (SST) exemptions to reduce costs embedded in businesses, alongside possible personal income tax relief for middle-income taxpayers, according to CIMB Securities.

Budget 2027 may bring SST exemptions, income tax relief for middle-income earners — CIMB Securities

Minister in the Prime Minister’s Department (Federal Territories) Hannah Yeoh has denied signing any house arrest order involving former prime minister Datuk Seri Najib Razak, which has been circulating on social media.

Hannah Yeoh denies signing Najib’s house arrest order

Malaysia Airlines’&nbsp;parent is said to be closing in on an order for Boeing Co 787 Dreamliners as the carrier seeks to renew its long-haul fleet, according to people familiar with the matter. 
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Malaysia Airlines closing in on order for Boeing 787 Dreamliners — Bloomberg

Keyfield International Bhd (KL:KEYFIELD) slid to a one-year low amid softer accommodation workboat demand and charter rates.

Kenanga says sell-off unjustified after Keyfield hits one-year low

It is unfeasible for rivals to absorb AirAsia Group Bhd's (KL:AAGB) domestic market share even as a contingency plan, the airline’s adviser Tan Sri Tony Fernandes said.

The Bank of Japan (BOJ) raised its benchmark interest rate, ramping up the pace of hikes to the fastest in 36 years as it confronts mounting inflation risks and unusually explicit calls for further policy normalisation from Washington.

Oil prices fell 2% on Friday, extending losses for a third straight session, as easing concerns over Saudi supply disruptions outweighed anxiety about a widening Middle East conflict.

Minister in the Prime Minister’s Department (Federal Territories) Hannah Yeoh and Attorney General Tan Sri Mohd Dusuki Mokhtar attended the&nbsp;64th meeting of the Pardons Board for the Federal Territories of Kuala Lumpur, Labuan, and Putrajaya at Istana Negara on Friday.

Hannah Yeoh, AG attend Pardons Board meeting

Binastra Corporation Bhd (KL:BNASTRA) eked out a new all-time high in Friday trading while analysts raised their outlook after the construction firm’s latest results.

Binastra shares eke out new record, analysts raise outlook after results

Thirty-three areas across the country woke to unhealthy air on Friday morning, with the air pollutant index (API) crossing into unhealthy territory in several states as of 9am.

Haze worsens as 33 areas nationwide record unhealthy readings

Asian stocks rose and the dollar held its ground on Friday as investors contended with global policymakers ramping up efforts to rein in inflation, with the Bank of Japan (BOJ) joining the fray in delivering a widely expected rate hike that left the yen softer.

Asian stocks rise as oil dips; yen weakens after BOJ hike

Malaysia's inflation was a tad faster than expected in August as price growth in transport, utilities and food picked up, official data released on Friday showed.

Malaysia inflation speeds up in August, underlying price growth slows

Saudi Arabia and Yemen's Iran-backed Houthis exchanged fresh strikes across their border on Thursday and Yemenis took to boats in the Red Sea to escape fighting, as the spreading Middle East war created new threats to global oil supplies.

Saudis and Houthis exchange strikes, Yemenis flee by boat as Middle East war spreads

Indonesian tycoon Andi Syamsuddin Arsyad agreed to acquire a major stake in miner PT Bayan Resources, setting the stage for him to become one of the biggest players in the global coal industry. 
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Indonesian tycoon close to Prabowo creates coal mining giant

Malaysia’s new vehicle registrations eased in August, despite the highest monthly sport utility vehicle (SUV) sales recorded so far this year.&nbsp;

Malaysia’s vehicle sales down in August despite record SUV demand

Malaysia’s overnight policy rate (OPR) could rise by 25 basis points (bps) in 2027 amid expectations of further increases in global interest rates, according to MBSB Research. 
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The Edge ESG Awards 2023

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The Edge ESG Awards 2023

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