Insights

Understanding the Carbon Disclosure Project (CDP): What It Is and How It Works

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Takeaways CDP is a global framework for organisations to measure and disclose environmental impacts. Reporting through CDP supports transparency, risk management and stakeholder trust. CDP scoring allows companies to benchmark performance and drive continuous improvement. SBTi provides a science-based approach to setting credible emissions reduction targets. Using CDP and SBTi together links target-setting with transparent […]

What is the Science Based Targets initiative (SBTi)? A Practical Guide for Business in Malaysia

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Takeaways SBTi provides a globally recognised framework for setting credible and transparent greenhouse gas reduction targets aligned with climate science. Committing to SBTi requires organisational readiness, including reliable emissions data, internal expertise, governance oversight and long-term resource commitment. Businesses in Malaysia should conduct a thorough internal assessment before committing, ensuring they understand the transparency and […]

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

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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 […]

Malaysia Budget 2026 for ESG: Strengthening Inclusivity and Sustainability

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The Malaysia Budget 2026, the fourth under the Ekonomi MADANI framework and the first under the 13th Malaysia Plan (13MP), marks a strategic shift from economic stabilisation to transformation. With a total allocation of RM419.2 billion, the budget focuses on revitalising the economy, accelerating structural reforms, and strengthening social protection. It aims to balance expansionary […]

CBAM 2025: Key Updates Malaysian Companies Must Know to Secure EU Market Access

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Takeaways 50 tonne threshold introduced, but electricity and hydrogen remain fully covered. Annual reporting deadline set for 30 September of the following year. Carbon costs abroad recognised with reductions in certificates. Certificates for 2026 imports available in 2027, tied to EU ETS prices. Penalties strengthened with lighter fines for minor breaches. Some goods excluded, but […]

Malaysia’s National Sustainability Reporting Framework (NSRF) Explained

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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 […]

Unified Global Standards for Greenhouse Gas (GHG) Emissions Accounting: What Business Leaders Need to Know

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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 […]

Understanding Climate-related Scenario Analysis: Malaysia’s New Horizon Under NSRF & IFRS S2

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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’s Carbon Tax 2026: What It Means for Businesses and How to Prepare

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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 […]

Navigating Scope 3 Reporting in Malaysia: A Comprehensive Guide for SMEs on ESG Compliance

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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 […]