Malaysian businesses to gain new opportunities through ESG

A commitment to sustainability would help businesses find new opportunities and create economical, social and ecological value in the long-term. United Overseas Bank (M) Bhd (UOB Malaysia) deputy CEO Ng Wei Wei said a good environmental, social and governance (ESG) strategy allows companies to make the right decision when diversifying their business portfolio, guided by the sustainability principles. It helps businesses and investors avoid investments that will not pay off due to long-term environmental issues. Another thing not to be missed is the supply chain, taking into account responsible policies,” Ng said during a virtual webinar entitled “Solar Power as a Renewable Energy Source in Malaysia” on 13 August.