KPMG in Malaysia (KPMG) and the Islamic Banking and Finance Institute Malaysia (IBFIM) have joined forces to drive the sustainability agenda for Malaysia’s financial services industry.
The financial services industry is well positioned to lead sustainable development as it can unlock finance across critical business value chains, thereby becoming a vital innovative financing modality to fill the SDGs funding gap.
KPMG’s collaboration with IBFIM aims to provide the crucial insight and guidance financial institutions need to step up to the challenge.
Browse this page to learn more about this collaboration and for deeper insights.
The purpose of this Sustainability and Value Based Intermediation Awareness (“SVBI”) Survey for Malaysian Financial Institutions is to gauge the sustainability initiatives by the financial institutions in line with VBI and Climate Change and Principe-based Taxonomy (“CCPT”), which are introduced by Bank Negara Malaysia (“BNM”).
VBI is a strategy to strengthen the roles and impact of Islamic financial institutions (“IFIs”) towards a sustainable financial ecosystem. The application and implementation of VBI is new but financial institutions in Malaysia have, in many innovative ways, shown its commitment to VBI.
The results of the survey will enable KPMG and IBFIM to develop a report that illustrates the current development by financial institutions in Malaysia in the implementation of VBI. The survey will take approximately 15–20 minutes to complete, and responses will be kept confidential.