Petroliam Nasional Berhad (Petronas) and Malayan Banking Berhad (Maybank) have been recognised as Malaysia’s most valuable brands in terms of sustainability perceptions, according to Brand Finance’s inaugural Sustainability Perceptions Index 2023 report. The study is the first of its kind and revealed the financial value of sustainability perceptions of the world’s biggest brands. Petronas scored high in environmental, social and governance (ESG) pillars related to commitments to protect the natural environment as well as supporting communities. Maybank meanwhile focussed on good ESG practices such as promotion of sustainable finance.

Source: The Edge