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At the National SDG Council's Meeting (Photo: Malaymail) |
Kuala Lumpur – Malaysia’s National Sustainable Development Goal Council on December 18 approved the National Environmental, Social and Governance (ESG) Strategic Plan.
Malaysian Prime Minister Anwar Ibrahim wrote on his X page that the plan was formulated in the government’s efforts to bring Malaysian business entities in phases toward ESG compliance and reporting, and even to a level beyond compliance, thus creating a competitive advantage and sustainable development for the country.
He mentioned the need to ensure that small and medium-sized enterprises (SMEs) are not burdened with high costs in their efforts to comply with ESG guidelines, hence it is recommended that a dry run for ESG implementation also be carried out by public-listed companies, multinationals and government-linked companies.
Malaysia has made encouraging progress with a projected achievement of 43 per cent of the SDG target by 2030, surpassing the global average projection of 17 per cent.
![]() | Malaysia Business Chamber Vietnam strengthens regional collaboration at ASEAN summit The Malaysian Business Chamber Vietnam (MBCV) under the leadership of president Angus Liew, has marked a significant chapter in its history by participating in the inaugural ASEAN-Malaysian Business Chambers Summit. |
![]() | Malaysia launches national AI office for policy, regulation Malaysia launched on December 12 a national artificial intelligence (AI) office aimed at shaping policies and addressing regulatory issues, as it looks to establish itself as a regional hub for AI development. |
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