Sustainability Reporting

Sustainability Reporting

Meeting the Evolving Information Needs of Stakeholders

Amos Law [Executive Director, Risk Consulting]
Sustainability Reporting

In October 2015, Bursa Malaysia launched a new Sustainability Framework comprising of amendments to the Listing Requirements and a Sustainable Reporting Guide to help public listed companies improve their sustainability-related disclosures to meet the evolving information needs of stakeholders.

While there is no single universally accepted definition of sustainability, the most widely used definition globally is that developed by the Brundtland Report of the World Commission on Environment and Development which defines sustainability as: Development that meets the needs of the present without compromising the ability of future generations to meet their own needs.

In the context of Bursa Malaysia’s framework, sustainability is defined as doing business in a responsible manner, taking into account the impact on the economy, environment and social context, while ensuring business continuity and competitiveness over the long term. Continue reading >>>

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