Julian says the initiative aims to drive transparency, enhance investor confidence, and strengthen Malaysia’s position in the global capital market.Bursa Malaysia will initiate its phased implementation of the National Sustainability Reporting Framework starting Jan 1, 2025, with public-listed companies boasting a market capitalisation of RM2 billion or more required to begin sustainability disclosures.
“This framework is not only a key step toward corporate accountability but also reinforces the nation’s commitment to net-zero greenhouse gas emissions by 2050,” Julian stated at the Sustainable Action Conference 2024 organised by Control Union today. To facilitate the transition, Julian said, Bursa Malaysia introduced the Centralised Sustainability Intelligence solution in June to streamline environmental, social and governance data collection and reporting.