MARC Ratings has granted a “Gold” Impact Assessment to Malakoff Corporation Bhd’s Sustainable Finance Framework, designed to guide the issuance of sustainable financing instruments for projects contributing to environmental and social benefits.

As Malaysia’s largest independent power producer, Malakoff aims for net zero emissions by 2050 and manages a diverse global portfolio.

The framework aligns with UN Sustainable Development Goals (SDGs), covering green, social, and transition categories.

Proceeds will fund projects addressing UN SDGs, and MARC Ratings confirms alignment with various international standards, resulting in a “Gold” assessment due to significant social and environmental benefits supporting 12 of the 17 UN SDGs. – TMR