[%ksQH%] 
Research by Maybank
HOLD  – TP RM9.50

" ESG 2.0: Remains at the forefront”

We review Bursa’s ESG matters post the release of its FY23 Sustainability & Corporate Governance Reports. Our ESG score for Bursa is updated to 68 (out of 100) vs. 69 in our last review, above average. Positively too, Bursa achieved carbon neutrality for the 3rd consecutive year in 2023. Major development in 2023 is the start of operations by BCX, supporting the country’s efforts to transition to a low-carbon economy.

Analyst:  
Wong Chew Hann
[%SGBa%]

$KLSE-BURSA 
Research by Maybank
HOLD  – TP RM9.50

" ESG 2.0: Remains at the forefront”

We review Bursa’s ESG matters post the release of its FY23 Sustainability & Corporate Governance Reports. Our ESG score for Bursa is updated to 68 (out of 100) vs. 69 in our last review, above average. Positively too, Bursa achieved carbon neutrality for the 3rd consecutive year in 2023. Major development in 2023 is the start of operations by BCX, supporting the country’s efforts to transition to a low-carbon economy.

Analyst:  
Wong Chew Hann
wchewh@maybank-ib.com