KWAP: Sustainability element must be GLICs’ priority
PETALING JAYA: Retirement Fund Inc (KWAP) has warned that it “will not hesitate” to dispose of its investments, if the investee companies fail to show betterment in their environmental, social and governance (ESG) practices.
Nik Amlizan Mohamed, the CEO of the pension fund, said that KWAP has taken such action in the past, although she stopped short of naming the investee companies.
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