General

Introduction to ESG in Malaysia

Follow ESG in Malaysia and let us be your go-to source for insights into the dynamic landscape of ESG practices in the heart of Southeast Asia.

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Six global trends in ESG to watch out for in Malaysia in 2024

The global landscape increasingly emphasizes environmental, social, and governance (ESG) considerations. Malaysia, like any other country that intends to export its products and receive foreign direct investment, must adapt and follow international expectations.

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Is the EU Regulation on Deforestation-free products already showing its first effects in Southeast Asia? Indonesia’s actions against forest palm oil plantations and key take-aways for Malaysia

Regulation (EU) 2023/1115 of the European Parliament and of the Council of 31 May 2023 – a piece of legislation passed in the EU last year sounds inconspicuous. The full name of the said Regulation, however – Regulation (EU) 2023/1115 of the European Parliament and of the Council of 31 May 2023 on the making available on the Union market and the export from the Union of certain commodities and products associated with deforestation and forest degradation and repealing Regulation (EU) No 995/2010 (the “Regulation”) – reveals the true scope of the regulation, and has caused uproar in Malaysia recently.

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A milestone in the fight of greenwashing: European Parliament adopts new directive aimed at protecting consumers from misleading marketing

The European Parliament’s resounding vote on 17 January 2024 in favour of a directive to combat greenwashing marks a significant milestone in the ongoing effort to protect consumers and uphold environmental integrity in marketing practices within the European Union. This directive, driven by mounting concerns over the proliferation of misleading environmental claims, represents a concerted effort to establish robust regulations that ensure transparency and accountability in the promotion of products and services.

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The risks for Malaysian companies stemming from ESG disputes in global supply chains: a guide to mitigate the risks

As of 2024, Environmental, Social, and Governance (ESG) considerations have become increasingly important for businesses across industries. In Malaysia, company directors are duty bound to proactively and urgently apprise themselves of all aspects of climate change that can affect their companies. They must thus act to manage the full spectrum of climate related risks by integrating them into their corporate strategies, plans and actions, and ensure proper disclosure of such risks.

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