Sustainability

MARC Ratings has assigned a “Gold” Impact Assessment to Alam Flora Sdn Bhd’s Green Financing Framework (Framework). The Framework will finance green projects falling under five categories: renewable energy (waste-to-energy), sustainable waste management, sustainable water management and projects, climate change adaption and environmentally sustainable management of living natural resources and land use. MARC Ratings is …

MARC Ratings assigns “Gold” Impact Assessment to Alam Flora’s Green Financing Framework Read More »

MARC Ratings has assigned a “Silver” Sustainability Sukuk Assessment to Amanat Lebuhraya Rakyat Berhad’s (ALR) Sustainability Sukuk Framework (the Framework). MARC also opines that the Framework is aligned with the core components of the Securities Commission Malaysia’s (SC) Sustainable and Responsible Investment (SRI) Sukuk Framework. A company managed by a board of directors, ALR was …

MARC Ratings assigns “Silver” Impact Assessment to Amanat Lebuhraya Rakyat’s Sustainability Sukuk Framework Read More »

MARC has assigned a “Gold” Sustainability Sukuk Assessment to TNB Power Generation Sdn Bhd’s (TPGSB or the Issuer) Sustainability Sukuk Framework. TPGSB, a wholly-owned subsidiary of Malaysia’s largest electricity utility Tenaga Nasional Berhad (TNB), is proposing to issue a Sustainability Sukuk to exclusively finance and/or refinance loans obtained to finance the development costs of an …

MARC assigns “Gold” rating to TNB Power Generation Sdn Bhd’s Sustainability Sukuk Framework Read More »