Insights

Takeaways NSRF positions Malaysia to adopt global sustainability standards (IFRS S1 & S2), bringing clarity and rigour to ESG disclosures. The phased rollout (2025–2030) allows companies to scale maturity, but early movers will gain strategic advantage. Scope 3 emissions and external assurance are the toughest hurdles. Those who prepare ahead will mitigate compliance risks. Organisations […]

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 accurately measure, manage, and disclose […]

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 standards. One of the most […]

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 will operate, trade, and compete […]

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 Reporting Framework (NSRF), is reshaping […]

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 undertaken by businesses. The introduction […]