Malaysian companies must report Scope 3 emissions starting 2027

Quick Summary:

National accounting and corporate legislation will be amended to account for new sustainability reporting requirements, with large listed companies the first group that must make climate-related disclosures by 2025.

Although these companies make up only about 30 per cent of all listed companies, they represent more than 80 per cent of total market capitalisation.“It’s wonderful to see the Pace initiatives in terms of the training and…best practice guidelines that are going to be available,” said Yasemin Techmen Stubbe, group head of sustainability of Malaysia-listed IHH Healthcare.“Sometimes it’s good to see others have done [the sustainability reporting]; it gives me more encouragement to do so,” she said at the NSRF launch.

Malaysian companies, starting with the largest publicly listed ones, will have to report the greenhouse gas emissions of their entire value chain starting from 2027, according to the country’s new National Sustainability Reporting Framework (NSRF).

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Samantha Ho

Category: EconomyBusiness

Markets: SingaporeMalaysia

Topics: Requirements Bursa Standards Companies Sustainability Malaysia Issb Listed Reporting Must National

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-24 @ 15:32:00 (3 days ago)

News Timezone: GMT +8:00

News Source URL: eco-business.com

Language: English

Article Length: 1047 words

Reading Time: 6 minutes read

Sentences: 35 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Eco-Business

News ID: 22754585

View Article Analysis

About Eco-Business

Main Topics: EconomyBusiness

Official Website: eco-business.com

Year Established: 2009

Headquarters: Singapore

News Last Updated: 1 days ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #100

Publisher Details

Frequently Asked Questions