Khazanah Forms Sustainability Framework and Targets

Posted on 06/11/2022

Khazanah Nasional Berhad launched its sustainability framework and medium-term targets, to guide Khazanah and its key investee companies to deliver sustainable value by integrating environmental, social and governance (ESG) considerations into their core business. At the launch, Khazanah simultaneously presented their views on the need for businesses to focus on a just and responsible transition. The Malaysian sovereign wealth fund has been plagued with controversial issues and is attempting to realign its operations and investment portfolio.

From a governance standpoint, Khazanah plans to disclose its voting principles at company general meetings by 2022, and include ESG-linked KPIs for key leadership positions for its portfolio companies by 2023.

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