- aims to improve SRI’s skills and combat ability shortages.
- SRI money hold RM7.7 billion in net asset value at close 2023 ,  ,  ,  ,  ,
A new certification program is being developed by the Securities Industry Development Corporation ( SIDC ) and is intended for professionals in the financial and capital markets. The goal of the Licensed Capital Market Professional in Sustainable and Responsible Investment (CCMP- South ) qualification is to raise the bar for competence of professionals in the investment market in response to the growing demand for responsible and accountable investment.
According to SIDC, there were 68 sustainable and responsible investment ( SRI ) funds in Malaysia with net asset value of US$ 1.63 billion ( RM7.7 billion ) as of December 2023, a significant increase from just seven SRI funds in 2020 with net asset value of US$ 309 million ( RM1.46 billion ), citing the Securities Commission Malaysia’s annual reports.
” Over the past few years, there have been more responsible and accountable investments in Malaysia, and a number of green jobs have been put in place. According to Tengku Zarina Tengku Chik, CEO of SIDC, there is a growing need for experts who can effectively help and guide in responsible and accountable purchase goods.
In addition to completing a range of e-learning, webinars, workshops, and collaborative learning sessions, the CCMP-SRI certification program does combine education, webinars, workshops, and collaborative learning sessions to prepare graduates for positions that demand an understanding of both the overall effect of expense on society and the environment as well as the broader impact of investment.
” Ability shortages current major challenges across several aspects of nation- building, particularly in our goals towards sustainability. Malaysia has continue to expand access to capacity-building initiatives that are related to conservation. At the launch of the new certification program, Lim Hui Ying, deputy minister of finance, said,” We need all participants in our ecology to work together to make our labor ‘vibe-ready’ in sustainable funding features.
The development of the new certification program was aided by 74 industry experts, including members of the Curriculum Review Committee and the Assessment Review Committee. They are mapped to SIDC’s Industry Competency Framework ( ICF).
There are two constructed levels for the CCMP-SRI. The CCMP- SRI1 level is intended for professionals who want to advance their knowledge of SRI and lasting development in Malaysia’s capital market. The next stage, CCMP- SRI2, is for professionals with basic sustainability and SRI skills, aiming to enhance their knowledge in revolutionary sustainability development, ESG structuring, ESG and SRI structuring.
More details can be found at website. sidc.com. my/attend/ccmp- sri1/ ,  ,  ,  ,  ,  ,  ,