Investors should evaluate the “governance” aspect of funds and companies before considering the “environmental” and “social” aspects, said Securities Commission chairman Datuk Seri Awang Adek Hussin. Companies with problematic governance aspects in ESG should have their sustainability claims discounted because it is likely greenwashing, he saidr. Awang Adek also noted that greenwashing remains a fundamental market conduct concern that risks investor trust and market integrity.

Source: The Star