Bursa Malaysia, IDX, and SET Ink Memorandum of Understanding
Published on 19/09/2023
On Tuesday, 19 September 2023, Bursa Malaysia Berhad (Bursa Malaysia) signed a Memorandum of Understanding (MoU) with Indonesia Stock Exchange (IDX) and the Stock Exchange of Thailand (SET) on the sidelines of the 36th ASEAN Exchanges CEOs Meeting. This MoU signifies the collective commitment of the three Exchanges to explore the establishment of an inter-regional Environmental, Social, and Governance (ESG) linked ecosystem that drives business value creation whilst fostering sustainable development across ASEAN.The MoU marks a significant milestone in enhancing regional cooperation and advancing sustainability in ASEAN. It also signifies a commitment to greening supply chains, while recognising the potential to optimise the interconnectedness and comparability of ESG data within the region. The signatories and witnesses – Wong Chiun Chiek, Director of Bursa Intelligence for Bursa Malaysia; Datuk Muhamad Umar Swift, Chief Executive Officer of Bursa Malaysia; Pakorn Peetathawatchai, President of SET; Soraphol Tulayasathien, Head of Corporate Strategy and Sustainable Market Development for SET; Iman Rachman, President Director of IDX; and Jeffrey Hendrik, Director of Business Development for IDX.