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March 24, 2024

Bursa Malaysia, IDX, SET, and SGX Group Collaborate to Develop an ASEAN Interconnected Sustainability Ecosystem (ASEAN-ISE)

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March 24, 2024

In a significant stride towards bolstering sustainable development in the ASEAN region, Bursa Malaysia Berhad, Indonesia Stock Exchange, The Stock Exchange of Thailand, and Singapore Exchange have collaboratively launched the ASEAN-Interconnected Sustainability Ecosystem (ASEAN-ISE). This initiative aims to integrate common ESG (Environmental, Social, and Governance) metrics into their data infrastructures, facilitating sustainable progress across ASEAN. With Bursa Malaysia appointed as the ASEAN-ISE Secretariat, the initiative seeks to create an integrated ESG ecosystem, enhance cost efficiency, and empower ESG-compliant corporates. Notably, Singapore Exchange's inclusion underscores the commitment of ASEAN exchanges towards promoting responsible business practices and implementing standardized ESG metrics. This collective effort, endorsed by the CEOs of participating exchanges, sets new standards for responsible business conduct and reinforces a shared vision for a sustainable future. As the Participating Exchanges gear up to finalize the implementation details at the upcoming ASEAN Exchanges CEOs Meeting in July 2024, businesses are encouraged to engage with Bursa Malaysia for further information on this transformative initiative. Explore more about ASEAN-ISE at https://www.aseanexchanges.org/content/interconnected-sustainability-ecosystem-initiative/.

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