Maybank IB Research in an April report on ESG adds that many have also undertaken the merger and acquisition (M&A) route via acquiring large-scale solar projects to accelerate meeting carbon offsets targets. In the Malaysian O&G space, the majority are service providers and hence, pursuing a carbon neutral agenda will be a priority. In this aspect, the research firm says Yinson Holdings Bhd is ahead of its peers.
THE growth in demand to invest in companies with strong environmental, social and governance (ESG) profile has gained pace as policymakers around the world drive a low-carbon economic transition to combat climate change.
The Covid-19 pandemic has also raised public interest in sustainable living.
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