The Malaysia Budget 2026, the fourth under the Ekonomi MADANI framework and the first under the 13th Malaysia Plan (13MP), marks a strategic shift from economic stabilisation to transformation. With a total allocation of RM419.2 billion, the budget focuses on revitalising the economy, accelerating structural reforms, and strengthening social protection.…

Takeaways Malaysia’s NSRF aligns sustainability reporting with the IFRS S1 and IFRS S2 standards. Implementation is phased for Main Market, ACE Market and large non-listed companies from 2025 onwards. Companies must disclose material climate-related governance, strategy, risks, opportunities, metrics and targets. Robust Scope 1 and Scope 2 GHG emissions data…

Takeaways The unified standards create a single global framework for easier, consistent GHG accounting. Verified emissions data offer credible disclosures essential for investor and regulator confidence. Businesses acting early will gain a competitive sustainability advantage. Investments in technology, skills, and strategy integration are critical for successful adoption. With global climate action accelerating, businesses face mounting pressure to…

Climate change is no longer a distant challenge; it is reshaping the way businesses, investors, and regulators manage risks and opportunities. In Malaysia, the move towards greater climate transparency is accelerating with the introduction of the National Sustainability Reporting Framework (NSRF) and the adoption of the IFRS S2 Climate-related Disclosures…

Malaysia is at a turning point in its sustainability journey. To achieve its goal of net-zero greenhouse gas emissions by 2050, the government will introduce the country’s first carbon tax in 2026. This policy is more than an environmental measure—it represents a major shift in the way businesses in Malaysia…

As Malaysia targets net-zero emissions by 2050, small and medium-sized enterprises (SMEs) face mounting pressure to align their operations with the country’s ambitious sustainability goals. A crucial component of this shift is the requirement for companies to disclose Scope 3 emissions by 2027. This mandate, part of the National Sustainability…

In line with Malaysia’s continued efforts to drive sustainable economic development, the Federal Government has gazetted the Income Tax (Deduction for Expenditure in Relation to Environmental Preservation, Social and Governance) Rules 2025 [P.U. (A) 193]. This regulatory development provides targeted tax deductions to incentivise ESG (Environmental, Social and Governance) initiatives…