RHB Insurance launches Malaysia’s first ESG incentive scheme for SMEs

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RHB Insurance launches Malaysia’s first ESG incentive scheme for SMEs - Digital News Asia

Quick Summary:

SMEs with strong ESG commitments can receive up to US$914 in incentives

Campaign will help SMEs strengthen resilience, tailor their insurance portfolios Recognising the vital role of small and medium-sized enterprises (SMEs) in Malaysia’s economic landscape, RHB Insurance Berhad, a subsidiary of RHB Bank Berhad, has launched what it claims to be Malaysia’s first Environmental, Social, and Governance (ESG) Incentive Scheme for SMEs.

Aligned with Bank Negara Malaysia’s Climate Change and Principle-based Taxonomy and RHB Group’s ESG Eligible Business Activities Guidelines requirements, RHB Insurance’s ESG Incentive Scheme initiative enables SMEs to make choices aligned with their unique needs and preferences.