Dato' Mohd Rashid Mohamad, RHB Banking Group Managing Director / Group Chief Executive Officer (second from left) and Puan Suhaini Haron, Officer Acting on Behalf of Chief Executive Officer, Malaysia Forest Fund (MFF) (second from right) signing a Memorandum of Understanding (MoU) between RHB and MFF to further advance nature-based and transition solutions, witnessed by Angus Salim Amran, Group Chief Sustainability Officer, RHB Banking Group (left), Tan Sri Ong Leong Huat, Chairman, RHB Investment Bank (centre) and Dr. Mohamed Faisal bin Mohd Noor, Senior Director, Protocol Management and Program Delivery, MFF (right).
RHB launched a Sustainalytics validated Sustainable Transition Finance Framework, aligning with global standards to help Malaysian corporates, GLCs and SMEs mobilise capital for credible decarbonisation pathways across multiple sectors.
RHB Banking Group has launched its Sustainable Transition Finance Framework, a comprehensive structure designed to support Malaysian businesses at every stage of their sustainability journey.
Independently validated by Sustainalytics, the framework aligns with ICMA principles and the ASEAN Taxonomy, reinforcing credibility and transparency. It provides clear eligibility criteria for sustainable and transition financing, particularly for hard to abate, high emission and resource intensive sectors often constrained by fragmented funding options.
Group Managing Director and CEO Dato’ Mohd Rashid Mohamad said the framework serves as a strategic roadmap to accelerate Malaysia’s shift towards a low carbon economy, while keeping the transition inclusive and economically viable.
The initiative supports national ambitions under the National Energy Transition Roadmap and the 13th Malaysia Plan, which together highlight up to RM1.3 trillion in decarbonisation opportunities.
The launch featured a decarbonisation panel discussion and concluded with a memorandum of understanding between RHB and Malaysia Forest Fund to advance nature based and transition solutions nationwide.
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