Malaysian retail investors can potentially channel US$35bil towards ESG priorities - report

Standard Chartered Malaysia managing director and head of consumer, private and business banking, Sammeer Sharma

KUALA LUMPUR: Malaysian retail investors have the potential to channel US$35 billion (US$1=RM4.71) towards top environmental, social, and governance (ESG) priorities, particularly the financing of climate transition by 2030, according to Standard Chartered.

Its "Sustainable Banking Report 2022: Mobilising retail investor capital” found that US$8.2 trillion of investable retail wealth could be channeled into sustainable investments by 2030 to finance ESG objectives in 10 growth markets across Asia, Africa and the Middle East.