UEM Group Bhd’s Sustainability Sukuk Framework meets recognised green finance standards after completion of its external review, said RAM Sustainability Sdn Bhd. RAM Sustainability is a wholly owned subsidiary of RAM Holdings Bhd, specialising in sustainability services and environmental, social and corporate governance (ESG) analytics.In a statement, it opined that the green initiatives to be financed under the framework for renewable energy (RE), energy efficiency, clean transportation and pollution prevention and control have the potential to contribute towards national decarbonisation targets under the National Energy Transition Roadmap and the 12th Malaysia Plan.

Source: The Star