Takeaways ESG governance should reflect the organisation’s size, risks, reporting needs and capabilities. Board members should understand ESG developments, business implications and NSRF resource needs. Senior management should turn Board direction into actions, budgets and reporting processes. Relevant business functions should support ESG implementation and data ownership. Companies should review their governance as sustainability expectations […]

Takeaways NSRF readiness requires Malaysian public listed companies to strengthen governance, strategy, risk management, ESG data and reporting processes across the organisation. Boards and senior management should establish clear accountability for sustainability-related risks, opportunities, disclosures and performance. An IFRS S1 and IFRS S2 gap assessment helps companies identify current weaknesses and develop a prioritised compliance […]

Takeaways Malaysian PLCs do not need a dedicated sustainability team to begin preparing for NSRF, but they do need clear governance and accountability. ESG reporting under NSRF is a cross-functional effort involving the board, management, finance, risk, operations and other business functions. Building governance and internal reporting processes early helps organisations avoid costly last-minute compliance […]