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Navigating New Requirements: Enhanced Sustainability Reporting in Malaysia

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Manage episode 431753198 series 2926374
Content provided by BFM Media. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by BFM Media or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Sustainability reporting is a vital aspect of corporate transparency, driven by stakeholder demands for greater accountability in ESG practices. In Malaysia, Bursa Malaysia has mandated enhanced sustainability reporting for listed companies starting from the fiscal year ending December 31, 2023, with full implementation by 2025.

PwC's “Gaps in Sustainability Reporting” report highlights current challenges and areas for improvement in Malaysia. We speak with Farhana Jabir, Director of Sustainability & Climate Change at PwC Malaysia, to discuss the foundational elements of an ESG strategy and sustainability reporting, the evolving regulatory landscape, and the role of independent assurance. We also dive into the importance of obtaining top-down buy-in from the board, as well as managing and meeting stakeholder expectations, from the boardroom and regulators to suppliers and employees.

See omnystudio.com/listener for privacy information.

  continue reading

155 episodes

Artwork
iconShare
 
Manage episode 431753198 series 2926374
Content provided by BFM Media. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by BFM Media or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Sustainability reporting is a vital aspect of corporate transparency, driven by stakeholder demands for greater accountability in ESG practices. In Malaysia, Bursa Malaysia has mandated enhanced sustainability reporting for listed companies starting from the fiscal year ending December 31, 2023, with full implementation by 2025.

PwC's “Gaps in Sustainability Reporting” report highlights current challenges and areas for improvement in Malaysia. We speak with Farhana Jabir, Director of Sustainability & Climate Change at PwC Malaysia, to discuss the foundational elements of an ESG strategy and sustainability reporting, the evolving regulatory landscape, and the role of independent assurance. We also dive into the importance of obtaining top-down buy-in from the board, as well as managing and meeting stakeholder expectations, from the boardroom and regulators to suppliers and employees.

See omnystudio.com/listener for privacy information.

  continue reading

155 episodes

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