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13 Aug 26

IFRS S1 vs IFRS S2: What Must Malaysian Companies Do Differently?

IFRS S1 vs IFRS S2: the short answer IFRS S1 sets the general requirements for disclosing material sustainability-related risks and opportunities that could affect a company’s financial prospects. IFRS S2 is the climate-specific Standard: it requires disclosure of climate-related risks and opportunities, including greenhouse gas (GHG) emissions. The two Standards…
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11 Aug 26

Does NSRF Apply to Your Company? A Malaysian Decision Tree for Reporting Groups, Timing and Reliefs

Does NSRF apply to your company? Malaysia’s National Sustainability Reporting Framework (NSRF) applies to Main Market listed issuers, ACE Market listed issuers and certain large non-listed companies. Your reporting start date depends on your NSRF reporting group—not on when your organisation considers itself ready. The NSRF adopts the International Sustainability…
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29 Jul 26

How to Write a Sustainability Report for Climate Risk Scenario Analysis Under IFRS S2

Takeaways IFRS S2 requires companies to use climate-related scenario analysis to inform their assessment of business and strategic resilience. The sustainability report should clearly explain the scenarios, time horizons, scope, assumptions and methodology applied. Climate scenario findings should be connected to material physical risks, transition risks, opportunities and potential financial…
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19 Jul 26

ESG Governance Structure for Malaysian Companies: How to Define Board Oversight, Management Roles and Accountability

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…
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19 Jul 26

NSRF Readiness Checklist: Key ESG Actions Every Malaysian Public Listed Company Should Take

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…
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25 Jun 26

GHG Scope 1 and Scope 2 Verification in Malaysia: What Companies Need to Prepare Before NSRF Assurance Starts in 2027

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…
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25 Jun 26

Climate Risk and Opportunity Assessment in Malaysia: A Practical Guide to Qualitative Climate Scenario Analysis under 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,…
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