Alliance Bank collaborates with universities to help SMEs fast-track ESG adoption
KUALA LUMPUR: Alliance Bank Malaysia Bhd is collaborating with Monash University Malaysia and the International Centre for Education in Islamic Finance (INCEIF University) to help small and medium enterprises (SMEs) fast-track their adoption of environment, social and governance (ESG) best practices.
In a statement today, Alliance Bank said the collaboration aims to use industry-based insights from the research to develop pragmatic solutions to help Malaysian businesses adopt ESG, whether they are operating in a conventional or Islamic marketplace.
“We believe that businesses that embed ESG practices stand to gain a competitive edge that positions them to capture more growth opportunities.
“These new partnerships bring together complementary expertise and resources that will help drive the development of the tools and programmes for businesses to speed up their learning curve and adoption of sustainable practices,” said the bank’s group chief executive officer Kellee Kam.