KUALA LUMPUR: RAM Sustainability Sdn Bhd has awarded a Platinum rating, its highestsustainability rating, to Malaysia Steel Works (KL) Bhd (Masteel) for its leadership insustainability backed by extremely strong environmental, social and governance (ESG) fundamentals.
The Platinum rank is the newest rating category, alongside Bronze, Silver, and Gold, introduced byRAM Sustainability to highlight advancements in companies’ sustainability standards across ESG components.
RAM Sustainability group chief executive officer and executive director Chris Lee Wai Kit said thePlatinum rating reflects Masteel’s leadership and commitment to sustainability in steelmanufacturing, a carbon-intensive sector.