KUALA LUMPUR (May 9): Malaysia has launched the commercial trading of Renewable Energy Certificates (RECs) through the Malaysian Green Attribute Trading System (mGATS) to be operated by Tenaga Nasional Bhd (KL:TENAGA).
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The IFRS Foundation and the European Financial Reporting Advisory Group (EFRAG) announced today (2nd May 2024) the publication of the ESRS-ISSB standards interoperability guidance, a new document aimed at illustrating the high level of alignment between the sustainability reporting standards recently issued by IFRS’ International Sustainability Standards Board’s (ISSB) and the European Sustainability Reporting Standards (ESRS).
It’s a shockingly retrograde move to allow carbon credits to be used by companies to meet their supply chain emissions targets. It massively undermines the credibility of SBTi, according to Grant Rosoman, senior campaign advisor, Greenpeace International.
Floods have been Malaysia’s most frequent natural disaster, accounting for 85 percent of all natural disasters since 2000.
KUALA LUMPUR: Greenwashing is becoming a growing concern, with investments in environmental, social, and governance (ESG) globally reaching trillion-dollar levels, according to Securities Commission head Datuk Seri Awang Adek Hussin.
KUALA LUMPUR: The Joint Committee on Climate Change (JC3) will continue to work with the government, the financial industry and its partners on specific action plans to support a just and orderly transition of the economy this year.
Singapore will implement mandatory climate-related reporting requirements for listed and large non-listed companies, with obligations for some to begin disclosing in line with the IFRS’ International Sustainability Standards Board (ISSB) standards starting as early as 2025.
Malaysia’s Securities Commission announced the launch by its Advisory Committee on Sustainability Reporting (ACSR) of a consultation on the proposed use of the IFRS Foundation’s International Sustainability Standards Board (ISSB) as the basis for mandatory reporting requirements for listed and large companies.
KUALA LUMPUR: The stock exchanges of Malaysia, Indonesia, Thailand and Singapore are collaborating on the Asean-Interconnected sustainability Ecosystem (Asean-ISE) to advance the region's sustainable development through the implementation of common ESG metrics in their respective data infrastructures.
GRI North America is excited to announce that after two years of development, GRI will release GRI 101: Biodiversity 2024, which updates, expands, and replaces GRI 304: Biodiversity 2016.
The European Financial Reporting Advisory Group (EFRAG) announced the release of new exposure drafts containing proposed sustainability reporting standards for small and medium enterprises, marking the next step in the establishment of a new sustainability reporting system in Europe under the EU’s Corporate Sustainability Reporting Directive (CSRD).
IFRS Foundation and GRI publish summary of interoperability considerations for GHG emissions.
The Advisory Committee on Sustainability Reporting (ACSR) will be conducting an online public consultation next month on the use of the sustainability disclosure standards issued by the International Sustainability Standards Board (ISSB) in Malaysia.
Malaysia, in a progressive stride towards addressing environmental concerns, has launched the National Biomass Strategy Action Plan 2023-2030 (PTBN2030).
KUALA LUMPUR: Sirim Berhad hopes more local industries and organisations will adopt the Environmental, Social and Governance (ESG) principles.
KUALA LUMPUR: The government is looking to table the National Climate Change bill in 2025.
KUCHING, Nov 20: The Environment (Reduction of Greenhouse Gases Emission) Bill 2023 will pave the way for Sarawak to have its own complete regulatory framework on clean and renewable energy, including for carbon credits, carbon levy, and carbon emission threshold, before any other state legislatures in Malaysia.
KUALA LUMPUR: The Dewan Rakyat today passed the Energy Efficiency and Conservation Bill 2023 to regulate the efficient consumption and conservation of energy in the country.
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