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13 Aug 26

IFRS S1 vs IFRS S2: What Must Malaysian Companies Do Differently?

IFRS S1 vs IFRS S2: the short answer IFRS S1 sets the general requirements for disclosing material sustainability-related risks and opportunities that could affect a company’s financial prospects. IFRS S2 is the climate-specific Standard: it requires disclosure of climate-related risks and opportunities, including greenhouse gas (GHG) emissions. The two Standards…
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11 Aug 26

Does NSRF Apply to Your Company? A Malaysian Decision Tree for Reporting Groups, Timing and Reliefs

Does NSRF apply to your company? Malaysia’s National Sustainability Reporting Framework (NSRF) applies to Main Market listed issuers, ACE Market listed issuers and certain large non-listed companies. Your reporting start date depends on your NSRF reporting group—not on when your organisation considers itself ready. The NSRF adopts the International Sustainability…
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29 Jul 26

How to Write a Sustainability Report for Climate Risk Scenario Analysis Under IFRS S2

Takeaways IFRS S2 requires companies to use climate-related scenario analysis to inform their assessment of business and strategic resilience. The sustainability report should clearly explain the scenarios, time horizons, scope, assumptions and methodology applied. Climate scenario findings should be connected to material physical risks, transition risks, opportunities and potential financial…
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19 Jul 26

ESG Governance Structure for Malaysian Companies: How to Define Board Oversight, Management Roles and Accountability

Takeaways ESG governance should reflect the organisation’s size, risks, reporting needs and capabilities. Board members should understand ESG developments, business implications and NSRF resource needs. Senior management should turn Board direction into actions, budgets and reporting processes. Relevant business functions should support ESG implementation and data ownership. Companies should review…
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19 Jul 26

NSRF Readiness Checklist: Key ESG Actions Every Malaysian Public Listed Company Should Take

Takeaways NSRF readiness requires Malaysian public listed companies to strengthen governance, strategy, risk management, ESG data and reporting processes across the organisation. Boards and senior management should establish clear accountability for sustainability-related risks, opportunities, disclosures and performance. An IFRS S1 and IFRS S2 gap assessment helps companies identify current weaknesses…
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25 Jun 26

Double Materiality Assessment in Malaysia: How Companies Can Assess ESG Impacts, Risks and Financial Implications

Takeaways Double materiality assessment helps companies identify ESG matters from both impact and financial perspectives. The financial perspective is critical because sustainability-related risks and opportunities can affect revenue, costs, assets, financing, operations and long-term business resilience. Malaysian companies preparing for NSRF, IFRS S1 and IFRS S2 should strengthen their materiality…
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25 Jun 26

Sustainability Risk and Opportunity Assessment in Malaysia: How Companies Can Prepare for IFRS S1 and NSRF Reporting

Takeaways Sustainability risk and opportunity assessment helps Malaysian companies identify ESG matters that may affect strategy, financial performance, resilience, and reporting readiness. IFRS S1 and NSRF require companies to connect sustainability-related risks and opportunities with governance, strategy, risk management, metrics, targets, and business prospects. Companies should assess both risks and…
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25 Jun 26

SSM Proposed Sustainability Reporting Amendments to the Companies Act 2016: Key Implications for Malaysian Companies

Takeaways SSM’s proposed amendments signal Malaysia’s shift from voluntary sustainability disclosure towards a more structured and eventually mandatory reporting regime. Non-listed companies may be increasingly affected as the proposed requirements are expected to apply in phases based on revenue and number of employees. Scope 1 and Scope 2 GHG emissions…
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23 Jun 26

ESG and NSRF Readiness for Malaysian Public Listed Companies: Where Should You Start?

Takeaways A sustainability report is only credible when it is supported by proper ESG governance, reliable data, clear processes and accountability. NSRF readiness requires companies to connect sustainability matters with governance, strategy, risk management, metrics, targets and climate-related disclosures. Existing sustainability reports should be reviewed to assess whether they are…
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