Carbon Credits vs Carbon Tax in Malaysia: What Businesses Need to Know

Takeaways Malaysia’s carbon tax in 2026 will introduce a direct cost on emissions, significantly impacting energy-intensive industries and reshaping operational cost structures Carbon credits complement, not replace, carbon tax, enabling businesses to offset residual emissions and strengthen ESG and net zero strategies Accurate and auditable GHG data (ISO 14064) is essential to manage carbon exposure, […]
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What Are Carbon Credits and How Do They Work in Malaysia

Takeaways Carbon credits represent one tonne of emissions reduced or removed and can be traded by businesses to meet climate goals. Malaysia is moving toward a carbon tax and a national carbon market, making carbon credits increasingly relevant for compliance and strategy. To be credible, carbon credits must be real, additional, permanent, and verified against […]
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Why Choose Bernard Business Consulting for Malaysia’s ESG and NSRF Readiness in 2026?

Takeaways Bernard Business Consulting (BBC) supports Malaysia’s ESG and NSRF readiness through practical, implementation-led solutions aligned with IFRS S1 and IFRS S2. Our practitioner-led approach helps organisations move beyond compliance to build reliable ESG governance, data systems, and internal capability. A structured three-pillar methodology ensures clarity and reduces execution risk across Awareness, Monitoring, and Decarbonisation. […]
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Unlock Sustainable Impact: Master Environmental Product Declarations (EPD) in 5 Steps

Takeaways EPDs deliver verified life cycle impacts (ISO 14025) from standardised LCAs (ISO 14040/44). PCRs ensure comparability; third-party verification builds procurement credibility. CSRD, Buy Clean, and NSRF demand EPDs for Scope 3 compliance. Certified products gain demand premium such as in construction and manufacturing sectors. In today’s regulatory landscape, customers, investors, and governments demand verifiable […]
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What Are the Key Changes in ESG and Sustainability Reporting Requirements in Malaysia for 2025

As of January 2025, Malaysia is undergoing a significant transformation in its approach to Environmental, Social, and Governance (“ESG”) and sustainability reporting. This shift is largely driven by the launch of the National Sustainability Reporting Framework (“NSRF”) and recent amendments introduced by Bursa Malaysia. These changes are designed to enhance transparency, accountability, and sustainability practices […]
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Malaysia’s ESG and Sustainability Landscape: 2024 Highlights and 2025 Outlook

2024 has been a significant year for environmental, social, and governance (“ESG”) issues and sustainability, both globally and in Malaysia. In this article, we highlight the major developments and initiatives that have taken place over the past year, showcasing Malaysia’s dedication to sustainable practices and responsible business conduct. Looking ahead, the outlook for 2025 appears […]
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From Inner Growth to Sustainable Futures: The Potential of Inner Development Goals (IDGs)

In the quest for sustainability, the focus often lies on external solutions—technological advancements, policy changes, and collective action. However, an emerging perspective suggests that true and lasting change within ourselves is equally crucial. The Inner Development Goals (IDGs) present a framework that emphasises personal and collective growth as essential components for achieving sustainability. This article […]
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Practise ESG and Sustainability with Mindfulness

In a world increasingly defined by rapid changes in environmental, social, and governance (ESG) standards, many individuals and businesses find themselves feeling overwhelmed. The urgency of climate change, the pressure to comply with new regulations, and the expectations from stakeholders can lead to anxiety and uncertainty. However, amidst this chaos, there is a powerful tool […]
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How SBTi Drives Sustainable Innovation in Climate Action

In the face of escalating climate challenges, businesses are increasingly recognising the need for robust sustainability practices. The Science-Based Targets Initiative (SBTi) has emerged as a pivotal framework that not only guides companies in setting ambitious greenhouse gas (GHG) emissions reduction targets but also fosters innovation in climate action. This article explores what SBTi is, […]
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Navigating the Future of CCUS in Malaysia: Insights from Global Case Studies

Innovative technologies are essential for addressing the pressing need to reduce greenhouse gas (GHG) emissions and promote sustainable practices across various sectors. Among these technologies, Carbon Capture, Utilisation, and Storage (CCUS) has emerged as a vital solution, offering a pathway to mitigate emissions from industrial processes and power generation worldwide. In this context, Malaysia is […]
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