The Sustainable Investment Platform (SIP) was jointly established by the Institutional Investors Council Malaysia (IIC) and Capital Markets Malaysia (CMM) in April 2021 . The SIP’s objective is to support institutional investors and the fund management industry in building the depth of sustainable and responsible investment (SRI) strategies which align financial returns with broader environmental, social and governance (ESG) priorities. Besides offering a common platform to accentuate the impact and visibility of sustainable investors, the SIP will also cultivate stakeholders’ capacity for data collection – tools and methodologies that will support innovation in sustainable investment strategies.
The SIP will reinforce the foundation laid by the IIC in promoting Malaysia’s transition to an inclusive and climate-resilient economy, by championing the sustainable investment agenda. Its activities will include advocating sustainable investment practices among institutional investors and fund managers in Malaysia, facilitating the exchange of international best practices, and setting the stage for Malaysia’s leadership in the sustainable capital market.
Notably, the SIP’s mandate coincides with several initiatives striving to bring sustainable finance and responsible investing into the mainstream Malaysian capital market. These include the Malaysian Code on Corporate Governance, the Guidelines on Sustainable and Responsible Investment Funds, and the Sustainable and Responsible Investment Roadmap for the Malaysian Capital Market by the Securities Commission Malaysia (SC).
Administratively, the SIP is guided by a 10-member Steering Committee.