ESG Governance & Materiality Archives - Bernard Business Consulting

18 Aug 26

IFRS S1 Financial Materiality: How to Link Sustainability Risks to Cash Flows, Finance and Business Value

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What is financial materiality under IFRS S1? Under IFRS S1, a sustainability-related risk or opportunity is relevant when it could reasonably be expected to affect an organisation’s cash flows, access to finance or cost of capital over the short, medium or long term. Collectively, these effects are described as impacts…

19 Jul 26

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

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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…

25 Jun 26

Double Materiality Assessment in Malaysia: How Companies Can Assess ESG Impacts, Risks and Financial Implications

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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…