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Malaysia’s pension fund launches new stewardship policy



The Employees Provident Fund (EPF) of Malaysia has introduced the EPF Sustainable Investment Stewardship Policy, marking its position as the first Malaysian institutional investor with a dedicated policy for sustainable investment. This policy outlines the procedures and standards the EPF employs to promote sustainability practices among its investee companies and external fund managers, aligning with the Principles for Responsible Investment (PRI) supported by the United Nations. The policy emphasises monitoring, engagement, and escalation strategies to enhance the management of environmental, social, and governance (ESG) risks and opportunities. EPF CEO Encik Ahmad Zulqarnain Onn highlighted the fund’s commitment to achieving a fully ESG-compliant portfolio by 2030 and a climate-neutral portfolio by 2050, leveraging its role as Malaysia’s largest institutional investor to drive sustainability in the Malaysian capital market.

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