"Here, we ought to remember that embracing ESG practices transcends mere regulatory compliance; it necessitates a shift in mindset to embrace the principles of environmental stewardship, social responsibility and governance excellence."
Anwar pointed out that the concept of Madani places sustainability as one of its core tenets. All stakeholders, including businesses, civil society and individuals, are urged to actively participate in achieving sustainable goals.
Many governments in the world have agreed to cut emissions by using various measures. Anwar emphasised that Malaysia has also taken a progressive stance towards decarbonisation and the larger sustainability agenda. The government has implemented various multifaceted policies aimed at reducing carbon emissions, promoting social equity, creating new growth opportunities in the green economy and ensuring transparent governance.
Embracing the ESG Mindset
This shift in mindset recognizes that sustainability is not a burden, but an opportunity. By prioritizing ESG practices, businesses can unlock new avenues for growth within the green economy. Secondly, it fosters a sense of shared responsibility. The concept of Madani, with sustainability at its core, reminds us that all stakeholders must collaborate to build a more sustainable future.
Embracing the ESG mindset is not just about compliance, it’s about creating a future where environmental health, social equity, and responsible governance go hand-in-hand. By fostering collaboration and prioritizing sustainability, we can collectively build a more resilient and prosperous future for generations to come.
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