Potential offtaker

Bursa Malaysia Berhad

www.bursamalaysia.com

Estimated electricity consumption

N/A

Countries of production presence

N/A

Bursa Malaysia Berhad is the main stock exchange of Malaysia. It is a public company that operates in the Security & Cmdty Exchanges sector. The exchange was established in 1976 and is headquartered in Kuala Lumpur, Malaysia. It is regulated by the Securities Commission Malaysia.

Bursa Malaysia Berhad is committed to decarbonisation and the promotion of renewable energy. The company recognizes that climate change is a significant threat to the global economy and is taking steps to reduce its carbon footprint. Bursa Malaysia Berhad has set a target to reduce its carbon emissions by 50% by 2030.

To achieve this target, Bursa Malaysia Berhad is implementing a range of initiatives. The company has adopted a corporate energy strategy that focuses on reducing energy consumption through energy-efficient technologies and practices. This includes the installation of energy-efficient lighting, air conditioning, and other equipment, as well as the implementation of energy management systems.

Bursa Malaysia Berhad is also exploring the use of corporate power purchase agreements (PPAs) to support the development of renewable energy projects. PPAs are long-term contracts that allow companies to purchase renewable energy directly from generators. By entering into PPAs, Bursa Malaysia Berhad can support the development of renewable energy projects and reduce its reliance on fossil fuels.

In addition to these initiatives, Bursa Malaysia Berhad is also promoting renewable energy through its listing requirements. The exchange requires companies to disclose their carbon emissions and energy consumption, as well as their plans to reduce their environmental impact. Companies that demonstrate a commitment to sustainability are more likely to attract investors and enjoy a positive reputation.

Bursa Malaysia Berhad is also working to promote sustainable finance. The exchange has launched a range of sustainability-themed indices, including the FTSE4Good Bursa Malaysia Index and the Bursa Malaysia-i Sustainability Index. These indices track the performance of companies that meet certain environmental, social, and governance (ESG) criteria. By promoting sustainable finance, Bursa Malaysia Berhad is encouraging investors to support companies that are committed to sustainability.

Overall, Bursa Malaysia Berhad is a company that is committed to decarbonisation and the promotion of renewable energy. The company recognizes the importance of addressing climate change and is taking steps to reduce its carbon footprint. By implementing energy-efficient technologies and practices, supporting the development of renewable energy projects, and promoting sustainable finance, Bursa Malaysia Berhad is playing an important role in the transition to a low-carbon economy.

✓ Science Based Targets member
✓ Declared Net Zero commitment