25 Jun 26

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

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 process by involving finance, risk, […]
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25 Jun 26

Sustainability Risk and Opportunity Assessment in Malaysia: How Companies Can Prepare for IFRS S1 and NSRF Reporting

Takeaways Sustainability risk and opportunity assessment helps Malaysian companies identify ESG matters that may affect strategy, financial performance, resilience, and reporting readiness. IFRS S1 and NSRF require companies to connect sustainability-related risks and opportunities with governance, strategy, risk management, metrics, targets, and business prospects. Companies should assess both risks and opportunities, including climate-related physical risks, […]
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25 Jun 26

SSM Proposed Sustainability Reporting Amendments to the Companies Act 2016: Key Implications for Malaysian Companies

Takeaways SSM’s proposed amendments signal Malaysia’s shift from voluntary sustainability disclosure towards a more structured and eventually mandatory reporting regime. Non-listed companies may be increasingly affected as the proposed requirements are expected to apply in phases based on revenue and number of employees. Scope 1 and Scope 2 GHG emissions will be the starting point, […]
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23 Jun 26

ESG and NSRF Readiness for Malaysian Public Listed Companies: Where Should You Start?

Takeaways A sustainability report is only credible when it is supported by proper ESG governance, reliable data, clear processes and accountability. NSRF readiness requires companies to connect sustainability matters with governance, strategy, risk management, metrics, targets and climate-related disclosures. Existing sustainability reports should be reviewed to assess whether they are aligned with NSRF, IFRS S1 […]
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11 May 26

What Malaysian Companies Need to Prepare Before a GHG Verification

Takeaways Malaysia’s National Sustainability Reporting Framework (NSRF) is accelerating expectations for credible and verifiable greenhouse gas (GHG) disclosures Organisations reporting under IFRS S2 must strengthen carbon data management, governance, and internal controls ISO 14064-1 provides an internationally recognised framework for GHG accounting and verification readiness GHG verification increasingly require traceable data, documented methodologies, and cross-functional […]
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05 May 26

Preparing for Sustainability Reporting Assurance in Malaysia

Takeaways Sustainability reporting assurance is emerging as a critical component of Malaysia’s ESG landscape under the National Sustainability Reporting Framework (NSRF) Alignment with International Sustainability Standards Board (ISSB) standards, particularly IFRS S1 and S2, is essential for assurance readiness Robust governance, internal controls, and data integrity are foundational to credible ESG disclosures Assurance enhances stakeholder […]
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24 Feb 26

The CEO’s Guide to Climate Physical and Transition Risks in Malaysia

Takeaways Climate physical risks like floods and sea-level rise could erode 5-25% EBITDA in manufacturing, property, and agriculture Climate transition risks from CBAM hit exporters with up to 50% cost hikes. 2024 floods cost RM933 million. Global projections warn $1.2 trillion annual losses by 2050s without action. Acknowledge risks, mobilise executives, build strategies, partner value […]
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29 Oct 25

Bernard Business Consulting at IGEM 2025: Empowering Malaysia’s Businesses to Implement the National Sustainability Reporting Framework (NSRF)

As one of Malaysia’s largest sustainability and green technology exhibitions, organised by the Ministry of Natural Resources and Environmental Sustainability in collaboration with the Malaysian Green Technology and Climate Change Corporation (MGTC), the International Greentech & Eco Products Exhibition and Conference Malaysia (IGEM) 2025 provided a powerful platform for dialogue and discovery. For Bernard Business […]
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