Johor Corporation (JCorp) has established its first Sustainable Finance Framework, marking a first for a Malaysian development institution with a diversified, multi-sector portfolio. Maybank Investment Bank Berhad acted as Sole Sustainability Structuring Adviser.
In December 2025, MARC Solutions Sdn Bhd assigned the Framework a “Gold” Impact Assessment under an independent Second Party Opinion, confirming alignment with relevant local, regional and global market standards.
The Framework provides a group-wide structure for JCorp and its operating companies, subsidiaries, special purpose vehicles and joint ventures to raise and deploy sustainable finance across its five core businesses: wellness and healthcare, real estate and infrastructure, agribusiness, food and restaurants, and patient capital.
It covers a range of sustainability finance transactions, including green, social, sustainability, and sustainable and responsible investment (SRI) sukuk, bonds, loans and financing. These instruments will support projects delivering measurable environmental and social outcomes, in line with JCorp’s Membina dan Membela mission.
The Framework defines 10 eligible green and five eligible social use-of-proceeds categories, including green buildings and infrastructure, energy efficiency, pollution prevention, affordable housing, food security, sustainable food systems, and socio-economic empowerment.
Separately, Maybank said it aims to mobilise MYR300 billion ($63.8 billion) in sustainable finance over the next five years, after mobilising MYR156.3 billion ($33.3 billion) between 2021 and the third quarter of 2025.
