Tag Archives: governance

Are we serious about sustainability?

New research by KPMG shows that the quality of sustainability reports by public listed companies in Malaysia is unlikely to meet investors’ need to assess environmental, social, and governance (ESG) risk. Phang Oy Cheng explains why companies should do more.

IN 2020, KPMG reported that 99 of the top 100 public listed companies in Malaysia publish sustainability reports – a statistic on par with global standards.

But KPMG’s latest research shows that while our compliance to reporting requirements is very good, the quality of those reports with regards to material environmental, social, and governance (ESG) issues is wanting.

(Photo: Malaysian sustainability reporting needs to improve | pic of Kuala Lumpur central business district by Ishan @seefromthesky on Unsplash)

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