EU Omnibus ESG Regulation: Major Changes and What Businesses Must Know

The European Union’s forthcoming Omnibus ESG Regulation, initially anticipated to streamline and enhance corporate sustainability reporting, is now expected to significantly dilute key directives, notably the Corporate Sustainability Reporting Directive (CSRD) and the Corporate Sustainability Due Diligence Directive (CSDDD). This development has raised concerns among investors and environmental advocates about the potential weakening of ESG […]
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Malaysia’s National Sustainability Reporting Framework to Be Implemented in Phases From 2025

“This is expected to reduce the complexity and costs associated with sustainability reporting, allowing businesses to focus on what they do best: Driving innovation, creating jobs and contributing to economic growth.” Said Malaysia’s Finance Minister II, Datuk Seri Amir Hamzah Azizan Source: The Edge Malaysia Malaysia’s Finance Minister II, Datuk Seri Amir Hamzah Azizan, announced […]
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5 Essential EUDR Tips for Malaysian Palm Oil Producers

The European Union Deforestation Regulation (EUDR) represents a significant step towards combating the global deforestation crisis. By prohibiting the sale of certain commodities associated with deforestation within the EU market, the EUDR aims to reduce the demand for products that contribute to the destruction of forests. It poses a significant challenge to Malaysia’s palm oil […]
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Can Carbon Credits Truly Reduce Our Environmental Impacts

The impacts of climate change are becoming increasingly severe, and with it, a growing urgency to reduce carbon emissions. Celebrities, often seen as trendsetters, have embraced carbon offsetting as a means to mitigate their environmental impact. By purchasing carbon credits, these high-profile individuals aim to balance their emissions by supporting projects that reduce greenhouse gases […]
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How the EU CSRD Can Drive Innovation and Growth

The European Commission published a Frequently Asked Questions (FAQs) on the implementation of the EU corporate sustainability reporting rules. This continuous effort from the Commission is to make the EU sustainable finance framework more usable for companies and reduce the administrative burden on them. Well, that’s how many companies perceive the EU Corporate Sustainability Reporting […]
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