HSBC MALAYSIA, UN COLLABORATES TO STRENGTHEN MMES’ SUSTAINABILITY EFFORTS

KUALA LUMPUR, July 8 -- HSBC Malaysia is collaborating with the United Nations Global Compact Network Malaysia and Brunei (UNGCMYB) in an initiative to strengthen the sustainability capability of middle-market enterprises (MMEs).

Under the initiative, it will be organising a series of chief executive officer (CEO) roundtables and developing a guidebook for CEOs, entitled ‘CEO Guide for Positive Climate Actions’.

It will also be holding a six-week ‘Sustainability Practitioner Certification Programme’ for MME executives, which is curated by UNGCMYB together with Taylor’s University and Taylor’s University Sustainability Hub.

 "This initiative is part of HSBC’s MME Accelerator Programme which was launched in May in response to the challenges MMEs have in adopting emerging trends, such as digital and sustainability, which are crucial for their commercial resilience," it said in a statement today. 

HSBC Malaysia corporate head Karel Doshi said by gaining an in-depth understanding, MMEs would be able to develop actionable and practical solutions for their organisation.

"As a trusted advisor to businesses, we want to equip MMEs with the right tools to support them as they embark on their sustainability journey.

“The initiatives that we have announced today are some of the ways we can help them," she said.

Meanwhile, UN Global Compact Network Malaysia and Brunei executive director Faroze Nadar said the collaboration with HSBC Malaysia would enable and equip corporates which are planning or are already transitioning to a low-carbon economy with the necessary tools and knowledge to start taking climate actions and to further mobilise their current efforts.

-- BERNAMA