Insights

Malaysia Introduces ESG Tax Deduction Rules 2025: Key Insights for Businesses

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 […]
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How the RBA Code of Conduct Advances ESG and Sustainability in Supply Chains

In today’s global economy, responsible business practices are no longer optional—they are essential for long-term success and sustainability. The Responsible Business Alliance (RBA) Code of Conduct has emerged as a key framework guiding companies to operate ethically, socially responsibly, and environmentally sustainably across their supply chains. Table of Contents What is the RBA Code of […]
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Oxford and AICPA & CIMA Highlight ESG Shift as Sustainability Reporting Demands Cross-Functional Involvement

Oxford University’s Saïd Business School, in collaboration with AICPA & CIMA, has launched a new sustainability reporting course specifically tailored for finance and accounting professionals — signalling a global shift in how organisations must approach ESG (Environmental, Social, and Governance) responsibilities. Traditionally, sustainability efforts were led solely by ESG or CSR departments. Today, with ESG-related […]
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Beginner’s Guide to Product Carbon Footprint

Have you ever wondered how much impact the things we buy have on the environment? One way to understand this is by looking at the Product Carbon Footprint, or PCF for short. Don’t worry if you haven’t heard of it before — this article will explain what PCF is, why it matters, and how businesses […]
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Better Together: Four Strategies to Align Board, CEO, and Executive ESG Perspectives

ESG has evolved into a boardroom and operational priority. Once considered a ‘nice-to-have’, environmental, social, and governance (ESG) considerations are now central to business strategy, investment decisions, and regulatory compliance. As global capital increasingly flows towards ESG-aligned companies, regulators and markets are responding with rigorous disclosure standards. In Malaysia, initiatives from Bursa Malaysia and broader […]
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Case Study SDG 17: How Bernard Business Consulting Builds Strategic Partnerships for Sustainable Impact

Sustainable Development Goal 17 (SDG 17), “Partnerships for the Goals”, is the cornerstone of the 2030 Agenda for Sustainable Development. It seeks to strengthen global partnerships that mobilise and share knowledge, expertise, technology, and financial resources to support the achievement of all other SDGs. This goal emphasises the necessity of inclusive, cross-sector collaboration – between […]
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What EUDR Means for Malaysia’s Palm Oil Industry: 2025 Workshop Insights and Sustainable Solutions

On 8 April 2025, the “What EUDR Means for Malaysia’s Palm Oil Industry” workshop convened key stakeholders from Malaysia’s palm oil sector, bringing together industry leaders, policymakers, and sustainability experts at Equatorial Plaza, Kuala Lumpur. The event, co-organised by the Austria Embassy – Commercial Section and Bernard Business Consulting (BBC) addressed the implications of the […]
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MITI Leads Malaysia’s Steel Industry Towards Sustainable Practices and Growth

The Malaysian Ministry of Investment, Trade and Industry (MITI) is dedicated to restructuring the national steel industry to boost its sustainability, recognising the sector’s strategic importance. MITI has engaged with the Malaysian Iron and Steel Industry Federation (MISIF) and the Malaysia Steel Association (MSA) to address challenges and develop a comprehensive restructuring plan. Key concerns […]
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Case Study: How Satellite Imagery Supports Malaysia’s Palm Oil Industry in Achieving EUDR Compliance and Sustainability

Satellite imagery, or Earth observation imagery, consists of images captured by satellites to monitor the Earth’s surface. Initially developed for military and scientific purposes, it has evolved significantly since the first orbital photographs by Explorer 6 in 1959. Key advancements, such as the launch of the Landsat programme in 1972, introduced digital and multispectral imaging […]
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How the Circular Economy Can Solve the Global Waste Crisis

The world is grappling with an unprecedented waste crisis. Municipal solid waste generation has skyrocketed from 1.3 billion tonnes in 2012 to over 2.3 billion tonnes in 2023, and it is projected to reach a staggering 3.8 billion tonnes annually by 2050. This growth is driven by urbanisation, industrialisation, and increasing consumption, particularly in developing […]
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