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PUTRAJAYA: The government is expected to enforce the Energy Efficiency and Conservation Act (EECA) 2024 on Jan 1 next year, with the Energy Commission acting as the implementing and regulatory agency.
KUALA LUMPUR: Small and medium enterprises (SMEs) need to swiftly integrate environmental, social, and governance (ESG) practices into their business operations to maintain their competitiveness in the market and ensure long-term sustainable advantages, Bank Negara Malaysia (BNM) said.
November 23, Baku: Today, the COP29 Presidency announced the end of the decade-long wait for the conclusion of negotiations on high integrity carbon markets under Article 6 of the Paris Agreement.
EU member states in the European Council announced today that they have adopted new rules to regulate ESG ratings providers, aimed at improving the reliability and comparability of ESG ratings and boosting investor confidence in sustainable financial products.
The latest EUDR proposal has shifted the compliance deadline from December 2024 to December 2026. This two-year extension would offer companies more time to adapt to the new regulatory requirements.
Today, the Council gave the final green light to a regulation establishing the first EU-level certification framework for permanent carbon removals, carbon farming and carbon storage in products. This voluntary framework will facilitate and encourage high-quality carbon removal and soil emission reduction activities in the EU, as a complement to sustained emission reductions.
KUCHING (Nov 12): Sarawak will now be able to exercise full autonomy over its environmental governance after the Natural Resources and Environment Bill 2024 was passed at the State Legislative Assembly (DUN) today.
KUCHING (Nov 11): The state government will set aside RM11 million to establish the Sarawak Net Zero and Carbon Plan and implement Environment (Reduction of Greenhouse Gases Emission) Ordinance, 2023 next year, said Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg.
The International Organization for Standardization (ISO) announced the launch of the ISO ESG Implementation Principles, a new set of guidance aimed at enabling companies globally to improve ESG integration, performance, measurement and reporting.
The International Auditing and Assurance Standards Board (IAASB) has reached a significant milestone with the recent approval of its International Standard on Sustainability Assurance (ISSA) 5000. This marks a pivotal step in enhancing the credibility and trust in sustainability reporting on a global scale.
Malaysia’s Ministry of National Resources and Environmental Sustainability launched the National Climate Change Policy 2.0, an updated policy introducing a new framework for Malaysia’s transition towards a low-carbon economy. It will also serve as the backbone for drafting the Climate Change Act, slated for early 2025.
The National Sustainability Reporting Framework (NSRF) was launched on 24 September 2024, is a pivotal initiative by the Securities Commission Malaysia aimed at enhancing the transparency and accountability of sustainability practices among Malaysian companies.
The 29th Conference of the Parties (COP 29) to the United Nations Framework Convention on Climate Change (UNFCCC) will be held in Baku, Azerbaijan, from November 11 to 22, 2024.
Following the launch of the NSRF, Bursa Malaysia has issued a public consultation paper seeking public feedback on the proposed sustainability reporting enhancements to the Main Market and ACE Market listing requirements.
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KUALA LUMPUR, Oct 14 — Malaysia is quickly becoming one of the sought-after destinations for data centres, with tech giants pouring billions into the country to establish cutting-edge digital infrastructure.
