MIDA And UNGCMYB Unite For Sustainable Investment Future

03/06/2025 11:32 AM

KUALA LUMPUR, June 3 (Bernama) -- The Malaysian Investment Development Authority (MIDA) and the UN Global Compact Network Malaysia & Brunei (UNGCMYB) have sealed a strategic partnership to ignite a new era of sustainable and responsible investment in Malaysia. Through a Memorandum of Understanding (MoU) signed on 30 May 2025, both organisations commit to accelerating the adoption of environmental, social, and governance (ESG) principles among businesses, laying the foundation for Malaysia’s transition towards a sustainable and more inclusive economy.

The MoU brings together MIDA’s mandate as the nation’s principal investment promotion agency and UNGCMYB's deep expertise in corporate sustainability. UNGCMYB plays a critical role in supporting businesses in Malaysia and Brunei to align with global sustainability goals by providing essential resources, tools, and expert guidance.

 

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