ESG

1. What is Environmental, Social and Governance (ESG)?

Environmental, Social and Governance (ESG) is a set of standards that enable stakeholders, including investors to comprehend ways an organisation manages risks and opportunities related to sustainability.

There are three dimensions to ESG and they are:
a. Environment (E): This dimension centers on the company’s environmental impact, which includes carbon footprint, energy efficiency, waste management, water usage and/or efforts to reduce pollutions and resource consumption.
b. Social (S): This dimension concentrates on the company’s treatment of its employees, customers, and the communities in which it operates.
c. Governance (G): This dimension focuses on the company’s management practices and its commitment to ethical and transparent business operations.

2. Why is Environmental, Social and Governance (ESG) important for MSMEs?

The adoption of ESG is crucial for MSMEs to manage risks, enhance company reputation, expand market access and foster innovation. ESG aligns the business objectives with the well-being of the planet and society, ultimately contributing to a more sustainable and responsible future.

3. Our partners:

a. Joint Committee on Climate Change (JC3): https://www.jc3malaysia.com/
b. Capital Markets Malaysia: https://www.capitalmarketsmalaysia.com/

4. Information for SMEs:

a. ESG Jumpstart for SMEs Information Portal:
i. https://www.jc3malaysia.com/esg-jumpstart-for-smes
ii. https://youtu.be/HSFv3-q0ciA
b. Simplified ESG Disclosure Guide (SEDG) for SMEs in Supply Chain: https://sedg.capitalmarketsmalaysia.com