Head's Up: ESG Traction Continues To Pick Up, MDEC Launches Flagship Capacity Building Programme & Disruptr Of The Week
The private sector continues their investment traction into the ESG segment. Last week, we saw Hong Leong AM launch its first ESG fund, the Hong Leong Global ESG Fund, which aims to provide investors with medium- to long-term capital growth by investing in a globally diversified portfolio of companies focusing on ESG criteria in the investment process.
PNB has also unveiled plans to invest RM10 billion in green and transition assets by 2030, as part of the government-linked investment company’s commitment under the three pillars of ESG, and achieving a net-zero enterprise by 2025 with a net-zero portfolio by 2050.
However, there is visible worry that corporations are only riding the ESG wave and announcements in the press may not translate into action, leading to ignorance of social issues as they move forward.
Let us know what your thoughts are on the timely move by corporations into the ESG segment as more are set to grace headlines over the coming months.
In the meantime, here are a couple of news and events to stay updated with. We would also like to wish all of our Muslim readers, a Selamat Hari Raya. Have a safe celebration!
Events
The ECF Accelerator is a four-week programme designed for SMEs and growth-stage businesses looking to scale and grow via Equity Crowdfunding (ECF). You'll learn the ins and outs of preparing your business to be "Investor-Ready" from industry professionals who will provide you with the resources necessary to launch a successful Equity Crowdfunding (ECF) campaign.
Cohort 2 begins on 13th June 2022
Registration https://bit.ly/ECFA1337
The highlight of Startup Wheel is the Vietnam Startup Day on 26 & 27 Aug 2022 (physical event) whereby, Top 5 international startup will have the opportunities to pitch battles in front of the Board of Judges who are Top CEOs from large corporations, VCs and investors in Vietnam.
Apply now: https://bit.ly/38NpQ7A
Deadline: 27 May 2022
Disruptr Of The Week
KOLs.Asia Founder, Jason Eng shares his thoughts with us on what inspired him to get started and his journey to make the agency the largest influencer / creator platform in Asia.
For further reading, click here
News
MDEC Kicks Off Founders Grindstone Programme For 2022
Malaysia Digital Economy Corporation (MDEC), Malaysia’s lead digital economy agency, has kicked off its flagship capability development and capacity-building programme, Founders Grindstone, for 2022.
The programme empowers tech entrepreneurs to maximise their potential and focus on their fundraising journey through a series of intensive workshops with professional partners from venture capitalists (VCs), venture builders, and legal firms.
For further reading, click here
Pgeon’s New Programme Allows Enterprises To Expand Their E-Commerce Growth
Pgeon has recently introduced Pgeon Store, a programme designed to offer enterprising Malaysians a new and low barrier to entry opportunity to grow their business by turning their business premises into points for parcel drop offs and pickups.
By becoming a Pgeon Store Agent, MSMEs, SMEs and solo entrepreneurs alike will be able to expand eCommerce growth whilst simultaneously building exposure for their brands both online and offline by tapping into the millions of Malaysians that currently use last mile delivery solutions.
For further reading, click here
Meraque Set To Sponsor Drone Education Programme Across 3 Schools In Johor
Malaysian DroneTech company, Meraque Services Sdn Bhd (Meraque) is sponsoring educational drones and basic drone awareness modules to be implemented in three schools across Johor, kicking off its nationwide effort to nurture young tech talent, equipping them with skills to future-proof their careers.
This corporate social responsibility (CSR) programme by Meraque is in line with the Ministry of Science, Technology and Innovation (MOSTI) DroneTech initiative to generate 100,000 job opportunities in the local drone industry by 2030.
For further reading, click here
Hong Leong AM Launches Its First ESG Fund, To Provide Investors With Medium To Long Term Capital Growth
Hong Leong Asset Management Bhd (“Hong Leong AM”) has launched its first Environmental, Social and Governance (“ESG”) fund, the Hong Leong Global ESG Fund (“HL Global ESG Fund” or “the Fund”), which aims to provide investors with medium- to long-term capital growth by investing in a globally diversified portfolio of companies focusing on ESG criteria in the investment process.
The HL Global ESG Fund will incorporate the principles of ESG in security selection through MSCI ESG Ratings. MSCI is one of the world’s largest ESG research providers¹, and their ratings are designed to measure a company’s resilience to long-term industry relevant ESG risks.
For further reading, click here
Galaxy Racer To Focus On Six Business Verticals In Malaysia
Galaxy Racer has recently announced its expansion into Malaysia’s esports ecosystem and has plans lined up to accelerate the country’s esports and gaming economy growth.
Their current investment will go into six business verticals – content and esports events production, content creators, esports teams, limited-edition merchandise, a music records label and an upcoming full-spectrum digital marketing agency.
For further reading, click here
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