Insights

Takeaways Scope 1 and Scope 2 GHG verification is becoming important as Malaysia moves towards NSRF-aligned sustainability assurance. Companies should prepare early by improving emissions data, evidence, methodology and internal controls. Digital tools can help companies organise GHG data and reduce manual errors without overcomplicating the process. GHG verification requires support from finance, sustainability, operations, […]

Takeaways Malaysian companies should understand Scope 1, Scope 2 and Scope 3 emissions for ESG, NSRF, IFRS S1 and IFRS S2 readiness. Business travel and employee commuting are minimum Scope 3 categories under Bursa Malaysia’s sustainability reporting requirements. These two categories are also recognised Scope 3 categories under the GHG Protocol used in IFRS S2. […]

Takeaways Climate risk and opportunity assessment helps Malaysian companies understand how climate-related matters may affect strategy, operations, financial performance and resilience. Qualitative climate scenario analysis is a practical starting point for organisations preparing for IFRS S2 and NSRF reporting without advanced climate modelling capabilities. Companies should assess physical climate risks, transition risks and climate-related opportunities […]

Takeaways Double materiality assessment helps companies identify ESG matters from both impact and financial perspectives. The financial perspective is critical because sustainability-related risks and opportunities can affect revenue, costs, assets, financing, operations and long-term business resilience. Malaysian companies preparing for NSRF, IFRS S1 and IFRS S2 should strengthen their materiality process by involving finance, risk, […]

Takeaways Sustainability risk and opportunity assessment helps Malaysian companies identify ESG matters that may affect strategy, financial performance, resilience, and reporting readiness. IFRS S1 and NSRF require companies to connect sustainability-related risks and opportunities with governance, strategy, risk management, metrics, targets, and business prospects. Companies should assess both risks and opportunities, including climate-related physical risks, […]

Takeaways A sustainability report is only credible when it is supported by proper ESG governance, reliable data, clear processes and accountability. NSRF readiness requires companies to connect sustainability matters with governance, strategy, risk management, metrics, targets and climate-related disclosures. Existing sustainability reports should be reviewed to assess whether they are aligned with NSRF, IFRS S1 […]