KUALA LUMPUR, Sept. 26 (Xinhua) -- Malaysia's government-owned fund Permodalan Nasional Berhad (PNB) aims to channel 15 billion ringgit (about 3.68 billion U.S. dollars) into green and transition assets and 500 million ringgit into social impact investments by 2030, the fund said on Friday.
The targets were outlined in PNB's newly unveiled Sustainability Framework 2026, which sets out the fund's approach to sustainability and long-term value creation.
"In an increasingly complex global environment, sustainability has become even more important to protecting long-term value," PNB said in a statement.
Geopolitical uncertainty, economic shifts and climate-related risks could have implications for businesses and investments, and ultimately the financial future of Malaysians, it added.
The commitments reflect the fund's broader approach to capital allocation, aimed not only at generating sustainable financial returns but also supporting the transition towards a more resilient economy, expanding opportunities and investing in society. ■