YTL Corp Wins Gold at ESG Awards 2023

YTL Community, November 23, 2023

YTL Corp was awarded the Gold Award in the ESG - Utilities category at The Edge Malaysia ESG Awards 2023.

The Edge Malaysia ESG Awards is aimed at acknowledging public-listed companies (PLCs) and asset management firms that are leaders in the environmental, social and governance (ESG) space in Malaysia.

These awards recognise outstanding environmental, social, and governance (ESG) performance in the country, aligning with the United Nations' 17 Sustainable Development Goals.

The awards ceremony was held on Nov 6, 2023, to acknowledge the winners who were chosen via assessment by the FTSE in the December 2022 and June 2023 review periods.

“Recognition of YTL Corp Bhd by The Edge Malaysia in conjunction with Bursa Malaysia and FTSE Russell (FTSE) as one of the best-performing PLCs in The Edge Malaysia ESG Awards (Utilities sector) is humbly and gratefully received. YTL Corporation Bhd knows sustainable development is both a collective journey and an ongoing one, requiring continued perseverance and commitment. Making meaningful progress under our key sustainability pillars would not have been possible without the significant contributions of our many key stakeholders and partners who we continue on this journey together with,” commented Ruth Yeoh, Head of Sustainability at YTL Corporation Berhad.

Hosted by The Edge Malaysia in partnership with Bursa Malaysia and FTSE Russell, with Morningstar as the knowledge partner and Deloitte as the auditor, this year’s awards advocated for more public-private collaboration to realise Malaysia’s sustainability goals. It also saw an increase in public-listed companies (PLCs) participation, with 356 qualified Malaysian PLCs and 69 funds contending for the equities and funds categories respectively.