Bursa Malaysia Berhad (“Bursa Malaysia” or “the Exchange”) announced 16 new additions to the constituents of the FTSE4Good Bursa Malaysia (“F4GBM”) Index.
The F4GBM Index measures the performance of public listed companies (“PLCs”) demonstrating strong Environmental, Social and Governance (“ESG”) practices and was launched in December 2014 with a total of 24 constituents. The number of constituents grew gradually to 56 (+133%) as at last index review in December 2018.
For the latest review period of June 2019, there were 16 new additions and 1 deletion from the F4GBM Index, bringing the total number of constituents to 71 (+196%). All changes take effect at the start of business on Monday, 24 June 2019.
Changes to the F4GBM Index for the June 2019 semi-annual review
Inclusions
|
No |
Company Name |
No |
Company Name |
|
|
1 |
Carlsberg Brewery Malaysia Bhd |
9 |
Magnum Bhd |
|
|
2 |
Chemical Company of Malaysia |
10 |
Media Chinese International |
|
|
3 |
Deleum Bhd |
11 |
Media Prima Bhd |
|
|
4 |
Fraser & Neave Holdings Bhd |
12 |
Parkson Holdings Bhd |
|
|
5 |
George Kent (M) Bhd |
|
13 |
Ranhill Holdings Bhd |
|
6 |
Hektar REIT |
|
14 |
UMW Holdings Bhd |
|
7 |
Hong Leong Financial Group Bhd |
|
15 |
Velesto Energy Bhd |
|
8 |
Lafarge Malaysia Bhd |
|
16 |
Yinson Holdings Bhd |
Exclusion
|
No |
Company Name |
|---|---|
|
1 |
Unisem (M) Bhd |
Bursa Malaysia Chief Executive Officer, Datuk Muhamad Umar Swift said, “I am encouraged to see more companies adopting the philosophy of ESG practices to improve their competitiveness and secure long-term value. Through our outreach programmes, the Exchange will step up efforts to engage with companies and help them improve sustainability practices and disclosures. We aim to create a positive impact while also raising the quality and diversity of companies across the board.”
Bursa Malaysia and FTSE Russell have been conducting outreach programmes to companies to encourage and support them in improving their ESG disclosures and practices. The continuous increase in the number of constituents is a reflection of the PLCs benefitting from these programmes and catalysing their efforts towards ESG best practices.
F4GBM Index constituents are drawn from the companies on the FTSE Bursa Malaysia EMAS Index, comprising PLCs from across the small, medium and large market capitalisation segments. The index is reviewed in June and December against international benchmarks developed in collaboration with FTSE Russell.
