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Corporate

Spearheading Sustainability: MARC Solutions establishes Sustainability Committee

17 January, 2025

View Reports

Contacts

Shamini Chandrasekaran

+603-2717 2967

shamini@marc.com.my

Norzaleena Abdul Aziz

+603-2717 2959

norzaleena@marc.com.my

                
  Dr Gary William Theseira                                Dr Alwin Long


  Arshad Mohamed Ismail

MARC Solutions Sdn Bhd (MARC Solutions), a wholly-owned subsidiary of Malaysian Rating Corporation Berhad (MARC), has taken a significant step forward in reinforcing its commitment towards sustainability with the establishment of a Sustainability Committee (SC). This newly formed panel will enrich MARC Solutions’ credentials in addressing complex and evolving environmental, social, and governance (ESG) challenges while delivering exceptional sustainability services to its stakeholders.

As sustainability continues to reshape the global corporate and financial landscape, MARC Solutions recognises the need for specialised ESG and sustainability expertise. The SC will reinforce MARC Solutions' position as a trusted provider of sustainability-related solutions.

The SC will serve as a review panel for MARC Solutions’ ESG and sustainability-related products, including MARC Solutions’ Second Party Opinions. Additionally, it will endorse the development of new sustainability-related offerings, update and conduct periodic reviews of ESG/sustainability methodologies, and provide recommendations for all of MARC Group's broader sustainability initiatives.

The SC comprises:

  • Dr Gary William Theseira, a climate governance expert and Director and Council Member of Climate Governance Malaysia. Dr Theseira has a proven track record in advancing climate-related initiatives.
  • Dr Alwin Long is a research fellow for the United Nations Sustainable Development Solutions Network (UNSDSN) and a pioneer in low-carbon energy transitions in Malaysia. His work focuses on developing inclusive energy models. Dr Long is also a Fellow of the ASEAN Academy of Engineering and Technology (AAET) and the Chief Executive Officer of ATECH Energy, a B Corp-certified energy services company (ESCO). Additionally, he is a member of the CEO Action Network (CAN), a coalition committed to advancing sustainability and climate action within the corporate sector.
  • Arshad Mohamed Ismail, Group Chief Executive Officer of MARC and Executive Director of MARC Solutions. Arshad brings extensive leadership experience in banking and finance to support MARC's strategic direction.

Commenting on the establishment of the SC, Arshad said, “As the demand for sustainable finance continues to grow, the creation of the Sustainability Committee underscores MARC Solutions’ dedication to delivering rigorous and forward-thinking ESG services. This committee will ensure that our offerings are in line with global best practices and that we remain at the forefront of sustainability innovation.”

Dr Theseira remarked, “The establishment of this committee is a testament to MARC Solutions’ proactive approach to sustainability. It demonstrates a commitment not only to providing quality financial products and services but also to embedding robust ESG principles into decision-making processes that benefit the broader community.”

Dr Long added, “As a Sustainability Committee Member, I am eager to contribute to MARC Solutions’ efforts in fostering innovation in ESG and sustainability. By leveraging collective expertise, we aim to create a meaningful impact and help stakeholders transition to a sustainable future.”

With its establishment, the SC reinforces MARC Solutions’ position as a trusted partner in sustainability and ESG risk management.

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MARC Ratings wins Best Islamic Rating Agency 2023 at GIFA

20 September, 2023

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MARC, Qatar Financial Centre Authority and Qatar Stock Exchange join forces to enhance financial markets through strategic collaborations

11 September, 2023

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MARC to host economic discourse

6 December, 2022

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