Insights - Bernard Business Consulting

Managing Greenhouse Gas Emissions: A Guide for Malaysian SMEs

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In today’s world, greenhouse gas emissions are a pressing issue that all small and medium-sized enterprises (SMEs) must address. A company’s greenhouse gas disclosure is closely linked to its attractiveness to institutional investors and is now an integral part of risk assessment. As regulations and stock exchange requirements drive multinational corporations and listed companies to […]

Three Lessons Learned: The Delay of First CBAM Reports and Future Compliance

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Why did the European Commission announce the opportunity of delayed submissions? On 29 January 2024, the European Commission (“EC”) granted an opportunity for importers to delay their first Carbon Border Adjustment Mechanism (“CBAM”) reporting (Q4 2023), which was supposed to be due on 31 January 2024. This announcement was made due to the technical problems […]

Malaysian Government Approved Environmental Quality (Amendment) Bill 2023 with Tougher Enforcement for Sustainability

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On 25 March 2024, the Malaysian government made substantial strides to combat environmental pollution with the Environmental Quality (Amendment) Bill 2023, the amendment from the Environment Quality Act 1974 (Act 127). The proposed amendments to the Act are expected to significantly bolster enforcement capabilities, discourage environmental crimes and pollution, and ultimately allow for a more […]

Case Study SDG 14: How an Eco Island Resort Balances Tourism with Biodiversity

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SDG 14, “Life under water”, aims to conserve and sustainably use the oceans, seas and marine resources for sustainable development. The goal addresses the interdependence of marine and aquatic ecosystems with the planet’s health and the well-being of human societies. It recognises oceans as a vital source of food, oxygen, and livelihoods while emphasising the […]

Landmark Case: KLM Fined for Greenwashing in Sustainability Ads

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A Dutch court has dealt a blow to greenwashing in the aviation industry with a landmark ruling against KLM Royal Dutch Airlines. The court determined that KLM’s advertising campaign, promoting its environmental initiatives under the banner of “Fly Responsibly,” was misleading consumers. This decision sets a potentially significant precedent for airlines’ communication strategies for reducing […]

Navigating the ESG Reporting Landscape: A Comprehensive Guide for Businesses

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Conquer the complexities of ESG reporting with our ultimate guide for businesses. Dive deep into industry-leading frameworks, compare popular standards, and unlock practical strategies to enhance stakeholder engagement, improve brand reputation, and drive long-term profitability in the sustainable economy.

ESG for SMEs: A Simple Guide to Sustainability and Success in Malaysia

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Unlock sustainable success for your SME with our simple guide to ESG. Learn how environmental, social and governance practices can boost your bottom line, attract investors, and build a resilient business. Discover practical tips, actionable strategies, and inspiring examples to kickstart your ESG journey!

5 Sustainability Trends That Are Transforming the World: A 2024 Outlook

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Discover the top 5 sustainability trends that are transforming the world in 2024 and beyond. From ESG disclosure, renewable energy to sustainable agriculture, learn how these trends are shaping a greener future for all.

Budget 2024: The Future of ESG in Malaysia

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Budget 2024 prioritises ESG and sustainability with significant funding for renewables, sustainable agriculture, and green transportation to transform Malaysia into a low-carbon economy country. Learn how the tax measures will affect you and your businesses.

Carbon Border Adjustment Mechanism (CBAM) – What Do Business Leaders Need to Know?

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The European Union’s Carbon Border Adjustment Mechanism (CBAM) is a carbon pricing tool to put a fair price on the carbon emitted during the production of carbon-intensive goods entering the European Union (EU) and to encourage cleaner industrial production in non-EU countries. CBAM is one of the components of the EU Green Deal, which aims […]