ESG & Sustainability Reporting Archives - Page 8 of 13

06 Aug 24

Case Study SDG 15: Patagonia’s Balance of Business Profit and Environmental Impacts

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SDG 15, “Life On Land”, aims to protect, restore and promote sustainable use of terrestrial ecosystems, sustainably manage forests, combat desertification and halt and reverse land degradation and halt biodiversity loss. Similar as SDG 14, this goal recognises the intricate relationship between land health and human well-being, with forests, soils…

29 Jul 24

Malaysia Government Considers the Introduction of Carbon Pricing for the Iron and Steel Sector

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“One of the robust discussions that we have been having is the possibility of introducing a carbon price just for the iron and steel sector.” Said the professor Ong Kian Ming, from the independent committee by the Investment, Trade and Industry Ministry (Miti). Source: The Star Malaysia’s steel sector was…

24 Jul 24

Paris 2024 Olympics: Leading the Way in Sustainable Event Management

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The Paris 2024 Olympics has captured the world’s attention as a spectacle of fashion, culture, and athleticism. It’s being hailed as the most stylish games yet. But beneath the glamorous facade, a groundbreaking story is unfolding – one of sustainability and environmental responsibility. Is this the greenest Olympics ever? Some…

15 Jul 24

Deputy PM Pushes Sustainable Plantations in Malaysia to Develop Sustainability Frameworks

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On 14 July 2024, Deputy Prime Minister and Minister of Energy Transition and Water Transformation Datuk Seri Fadillah Yusof has urged plantation firms to develop their sustainability framework to support commitments to the country’s ESG agenda, underscored the importance of plantation companies developing a sustainability framework. Source: BERNAMA “This is…

02 Jul 24

Carbon Trading: How It Works and Its Impact on Malaysia’s Green Future

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Previously we discussed about the carbon pricing and carbon credits, what will be the next topic we should take note? We knew that Bursa Carbon Exchange (BCX) is going to launch the first auction of Malaysia-sourced carbon credits. Is carbon going to become something we can invest in such as…

24 Jun 24

ISO 14025 for Sustainability: Communicate Your Product’s Environmental Impact Effectively

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In today’s environmentally conscious marketplace, consumers are increasingly seeking information about a product’s environmental impact throughout its lifecycle. The ISO 14025 standard provides a framework for businesses to effectively communicate this critical information. This article explores ISO 14025, its role in Environmental Product Declarations (EPDs), and the benefits it offers…

24 Jun 24

Malaysia Prime Minister: Embracing the ESG Mindset for a Sustainable Future

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Source: The Star “Here, we ought to remember that embracing ESG practices transcends mere regulatory compliance; it necessitates a shift in mindset to embrace the principles of environmental stewardship, social responsibility and governance excellence.” said the Prime Minister Datuk Seri Anwar Ibrahim, in his keynote address at the launch of…

19 Jun 24

ESG in Malaysia: What We Can Learn from the Leading Companies

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The term ESG (Environmental, Social and Governance) was first coined in 2004 by the United Nations Global Compact, pressing companies to be more responsible for their environmental and social impact. Investors are increasingly seeking out companies that demonstrate a commitment to sustainability, prompting businesses worldwide to integrate ESG considerations into…

11 Jun 24

Malaysia Considers Plastic Pollution Law: Can It Stop Us from Eating Microplastics?

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On 6 June 2024, Natural Resources and Environmental Sustainability Minister Nik Nazmi Nik Ahmad stated that the ministry is mulling the introduction of dedicated legislation to address plastic disposal and pollution. The ministry is in talks with the Economy Ministry to carry out a study on a national policy, discussing…

05 Jun 24

EU Cracks Down on Greenwashing: What is Greenwashing and What Businesses Need to Know

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With a growing focus on sustainability and environmental responsibilities, we have heard a lot of sustainability-related terms from the advertisement of consumer products or even some financial products, but do you really believe it? Investors and consumers are increasingly seeking out sustainable products and services. However, a deceptive marketing tactic…