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EU Strikes Deal to Cut Sustainability Reporting Burdens and Boost Competitiveness
9 December — The Council Presidency and European Parliament negotiators have reached a provisional political agreement to significantly simplify sustainability reporting and due diligence rules for businesses across the European Union. The move aims to strengthen EU competitiveness by reducing administrative burdens and limiting the knock-on effects of reporting obligations on smaller companies. …
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Malaysia Recognised for Aligning Sustainability Reporting with Global Standards
16 June - Malaysia has achieved significant recognition for its efforts in aligning sustainability reporting practices with international standards. This acknowledgment underscores the nation's commitment to enhancing transparency and accountability in environmental, social, and governance (ESG) disclosures. 🌍 Global Recognition The recognition highlights Malaysia's progress in adopting globally accepted frameworks for sustainability reporting. By aligning with international…
PLUS and Yinson GreenTech to Develop Integrated EV Charging and Retail Hub at Seremban R&R
15 June - PLUS Malaysia Berhad and Yinson GreenTech have announced a joint venture to develop an Integrated Retail and Electric Vehicle (EV) Charging Hub at the Seremban Southbound Rest and Service Area (R&R) along the North-South Expressway (NSE). This collaboration aims to enhance the EV charging experience and support Malaysia's transition to green mobility.…
Filtrona’s 2024 Sustainability Report: A Milestone in ESG Leadership
14 June - Filtrona, a global leader in specialty filter solutions, has unveiled its 2024 Sustainability Report, titled “Transforming Together for a Sustainable Tomorrow.” This comprehensive report highlights the company's significant strides in Environmental, Social, and Governance (ESG) initiatives, underscoring its commitment to sustainability and responsible business practices. 🌍 Environmental Stewardship: Achieving Significant Milestones 50% Reduction in…
The Importance of ESG Policies in Corporate Governance
12 June - In today’s rapidly changing business environment, Environmental, Social, and Governance (ESG) policies are no longer a luxury but a necessity for companies aiming for long-term success and sustainability. As consumers, investors, and regulatory bodies increasingly demand responsible business practices, businesses that embrace robust ESG policies are better positioned to mitigate risks, attract…
Selangor UN Initiative Helps SMEs Embrace Green Economy
11 June - The Selangor state government, in collaboration with the United Nations Global Compact Network Malaysia and Brunei (UNGCMYB), has launched a new initiative aimed at assisting small and medium-sized enterprises (SMEs) in adopting sustainable practices and transitioning towards a green economy. This partnership underscores the state's commitment to fostering environmentally responsible business operations…
MIDA and UNGC MYB Join Forces to Boost ESG in Malaysia
June 10 - The Malaysian Investment Development Authority (MIDA) has partnered with the United Nations Global Compact Network Malaysia and Brunei (UNGCMYB) to enhance the adoption of Environmental, Social, and Governance (ESG) practices among Malaysian businesses. This collaboration aims to accelerate the country's transition towards a sustainable and inclusive economy. Key Initiatives and Goals The partnership…
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