Sustainability

MARC Solutions has revised its assessment methodology for providing second party opinions on sustainable finance instruments and frameworks. The revisions are intended to better align with recent trends in sustainable financing, reflecting the company’s continuous emphasis on a forward-looking perspective. The change in the document title to “Impact Assessment Methodology” from “Impact Bond Assessment Methodology” …

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MARC Solutions has assigned a “Gold” Impact Assessment to Pelabuhan Tanjung Pelepas Sdn Bhd’s (PTP) Sustainability Sukuk Framework. The framework sets forth the guiding principles for PTP’s issuance of sustainable financing to fund Eligible Projects that contribute towards environmental and social benefits. PTP is a joint venture between MMC Port Holdings Sdn Bhd (70% shareholding) …

MARC Solutions assigns “Gold” Impact Assessment to PTP’s Sustainability Sukuk Framework Read More »

MARC Ratings has assigned a “Gold” Impact Assessment to Northport (Malaysia) Bhd’s (Northport) Sustainability Sukuk Framework. The framework has been established to set the guiding principles for Northport’s issuance of Sustainability Sukuk for eligible projects that contribute towards environmental and social benefits. Northport is a key port operator serving Port Klang, handling conventional cargo and …

MARC Ratings assigns “Gold” Impact Assessment to Northport’s Sustainability Sukuk Framework Read More »

MARC Ratings has assigned a “Gold” Impact Assessment to Sentral REIT’s (SENTRAL) Sustainable Finance Framework. The framework was established to outline how the real estate investment trust (REIT) plans to undertake sustainable finance transactions to deliver environmental and social benefits. SENTRAL’s investment objective is to acquire and invest in commercial properties to achieve long-term growth …

MARC Ratings assigns “Gold” Impact Assessment to Sentral REIT’s Sustainable Finance Framework Read More »

MARC Ratings has assigned a “Gold” Impact Assessment to Berapit Mobility Sdn Bhd’s (BMSB) Sustainability Sukuk Framework. The framework has been established to set the guiding principles for BMSB’s issuance of Sustainability Sukuk for eligible projects that contribute towards environmental and social benefits. BMSB, incorporated in September 2023, is a subsidiary of SMH Rail Sdn …

MARC Ratings assigns “Gold” Impact Assessment to Berapit Mobility’s Sustainable Finance Framework Read More »

MARC Ratings has assigned a “Gold” Impact Assessment to Johor Plantations Group Berhad’s (JPG) Sustainable Finance Framework. The framework was established to outline how JPG plans to undertake sustainable finance transactions to deliver environmental and social benefits. JPG is involved throughout the value chain of the palm oil business, from cultivating oil palms to producing …

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MARC Ratings has assigned a “Gold” Impact Assessment to TNB Power Generation Sdn Bhd’s (TPGSB) Sustainability Sukuk Framework that has now been expanded to encompass the development and operation of other renewable energy projects or assets, in addition to the Nenggiri Hydroelectric Power Plant Project. TPGSB will issue Sustainability Sukuk from its existing Sukuk Wakalah …

MARC Ratings assigns “Gold” Impact Assessment to TNB Power Generation’s Sustainability Sukuk Framework Read More »

MARC Ratings has assigned a “Gold” Impact Assessment to Bank Kerjasama Rakyat Malaysia Berhad’s (Bank Rakyat) Sustainability Sukuk Framework. The framework has been established to set the guiding principles for Bank Rakyat’s issuance of Sustainability Sukuk for eligible projects that contribute towards environmental and social benefits. Bank Rakyat is the largest Islamic cooperative bank in …

MARC Ratings assigns “Gold” Impact Assessment to Bank Kerjasama Rakyat Malaysia’s Sustainability Sukuk Framework Read More »

MARC Ratings has assigned a “Gold” Impact Assessment to Paramount Corporation Berhad’s Sustainability-Linked Financing Framework. The framework has been established to set the guiding principles for Paramount’s issuance of Sustainability-Linked Financing to achieve sustainability performance targets (SPTs) in relation to selected key performance indicators (KPIs). Bursa Malaysia-listed Paramount has been involved in property development since …

MARC Ratings assigns “Gold” Impact Assessment to Paramount’s Sustainability-Linked Financing Framework Read More »

MARC Ratings has assigned a “Gold” Impact Assessment to Malaysia Rail Link Sdn Bhd’s (MRL) SDG Sukuk Framework. The framework has been established to set the guiding principles for MRL’s issuance of SDG Sukuk for specific eligible projects that contribute towards environmental and social benefits. MRL, a special purpose vehicle company wholly owned by Malaysia’s …

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