Embracing ESG for a Sustainable Future In today’s global market, particularly in Malaysia, adopting Environmental, Social, and Governance (ESG) principles is crucial for businesses to remain competitive. With the green economy now valued at over $13 trillion, consumer demand for sustainable practices is rising fast. In Malaysia, both government policies and consumer expectations are increasingly pushing companies to prioritize their impact on people and the planet. Beyond profits, businesses must embed ESG into their operations to meet these evolving expectations and secure their place in the sustainable economy. 🌍 At Forest Wood Energy, we understand the importance of integrating ESG into our operations, ensuring that sustainability isn’t just a goal but a core value. 🌿 The green economy is booming, and businesses embracing ESG will lead the way to a more sustainable and resilient future. Is your company ready to adapt to this shift? #ESG #Sustainability #GreenEconomy #ForestWoodEnergy #CorporateResponsibility #SustainableBusiness #Malaysia #EnvironmentalImpact #SocialGovernance #SustainableFuture
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ESG Adoption in Malaysia's Corporate Sector: A Growing Trend Did you know that Malaysia's corporate sector is increasingly embracing ESG practices? As global pressure for sustainability rises, Malaysian companies are stepping up to integrate ESG into their strategies—not only for long-term growth but also to attract both local and international investors. As businesses in Malaysia align with global ESG standards, the potential for growth in the green economy is limitless. It’s time to embrace sustainability and drive positive change for a better tomorrow! #ESG #Sustainability #CorporateResponsibility #Malaysia #GreenBusiness #FutureOfBusiness #ESGAdoption #SustainableGrowth
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Did you know that the adoption of ESG principles is rapidly gaining momentum within Malaysia's corporate sector? With increasing global emphasis on sustainability, businesses in Malaysia are proactively integrating ESG into their core strategies—not only to secure long-term resilience but also to attract diverse investments locally and globally. #ESG #Sustainability #CorporateResponsibility #ESGAdoption #SustainableGrowth
ESG Adoption in Malaysia's Corporate Sector: A Growing Trend Did you know that Malaysia's corporate sector is increasingly embracing ESG practices? As global pressure for sustainability rises, Malaysian companies are stepping up to integrate ESG into their strategies—not only for long-term growth but also to attract both local and international investors. As businesses in Malaysia align with global ESG standards, the potential for growth in the green economy is limitless. It’s time to embrace sustainability and drive positive change for a better tomorrow! #ESG #Sustainability #CorporateResponsibility #Malaysia #GreenBusiness #FutureOfBusiness #ESGAdoption #SustainableGrowth
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It's encouraging to see that 95% of Malaysian companies have prioritised sustainability, according to Digital News Asia report [https://lnkd.in/gTekQvhC]. But here's the thing – many businesses seem to be struggling with turning those ESG goals into reality. 🤔 Let's dive into why that is and explore ways to get things moving. Key Points 👇 : 1. The Implementation Gap: The report also shows that about half of Malaysian companies still need to iron out detailed plans for achieving their ESG targets. 2. Challenges vs. Potential: Sure, there are obstacles like figuring out the ROI, finding the right expertise, and keeping up with changing regulations. However, Malaysia has all the potential to become an ESG leader, as discussed in a ISEAS - Yusof Ishak Institute (ISEAS) [https://lnkd.in/guN75NPM]. Having a clear framework makes all the difference. That's where the Simplified ESG Disclosure Guide (SEDG) [https://lnkd.in/gFmQEzWy] comes in – a great starting point, especially for SMEs in supply chains. And even if you're not in a supply chain, the principles in the guide can still be super helpful. SMEs, listen up! You often have the advantage of being more flexible when it comes to ESG. Here's where to start: 1. Energy Audits: Cut those energy bills and your carbon footprint at the same time. 2. Responsible Sourcing: Team up with suppliers who share your commitment to sustainability. 3. Community Engagement: Make a positive impact where you operate – think of local initiatives or volunteering. Where does your company stand on its ESG journey? 🤔 #sustainability #esg #souteastasia #gogreen #supplychain
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🌍 Thrilled to see The Edge Malaysia's ESG Awards return for a third year in collaboration with Bursa Malaysia! I’m grateful to be part of the Index & Sustainable Business team, led by Chiun Chiek Wong and Hui Yin Wong, supporting the process where FTSE Russell independently provides ESG scores for public listed companies (PLCs) using the FTSE4Good methodology. This year, eligibility has expanded beyond the EMAS index, opening up the awards to a wider universe of companies. This shift promotes inclusivity, allowing more companies to gain recognition and learn from each other’s best practices in sustainability. As Bursa Malaysia’s CEO Datuk Umar noted, this expansion not only “levels the playing field” but also supports companies in staying relevant and competitive on a global scale. This initiative accelerates the ESG journey for Malaysian companies, positioning them as strong partners in global supply chains and empowering them with the insights they need to drive impactful, sustainable change. Excited to see how these efforts continue to strengthen Malaysia’s competitive edge! 🌟 For more information, refer to this website: [https://lnkd.in/g86iv-pz] #Sustainability #ESG #FTSE4Good #BursaMalaysia #TheEdgeESGAwards
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Honored to present on "ESG and Net Zero Economy Transition in Malaysia" which held in Tokyo! On 14 September 2024, I had the incredible opportunity to share insights into Malaysia’s journey to a net zero economy and the central role of environmental, social and governance (ESG) principles in this transition. The session highlighted an exciting trend: The Malaysian private sector is increasingly recognising ESG not just as a compliance requirement, but as a catalyst for unlocking investment opportunities that promote long-term growth, innovation and resilience. A heartfelt thank you to ERIA for their unwavering support and valuable contributions that enriched the discussion and made the session truly impactful. The results of this study will be published as a book chapter by Q1 2025. #Sustainability #NetZero #ESG #Malaysia #Innovation
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𝐏𝐨𝐰𝐞𝐫 𝐨𝐟 𝐄𝐒𝐆 𝐑𝐞𝐩𝐨𝐫𝐭𝐢𝐧𝐠: 𝐇𝐨𝐰 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬𝐞𝐬 𝐀𝐫𝐞 𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐢𝐧𝐠 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲 📈📊 Key Insights: 📑𝐄𝐒𝐆 𝐀𝐝𝐨𝐩𝐭𝐢𝐨𝐧 𝐢𝐧 𝐌𝐚𝐥𝐚𝐲𝐬𝐢𝐚: Over 500 Malaysian companies are now voluntarily reporting on their Environmental, Social, and Governance (ESG) performance, reflecting a shift toward greater transparency in business practices. 📝𝐌𝐚𝐧𝐝𝐚𝐭𝐨𝐫𝐲 𝐂𝐨𝐦𝐩𝐥𝐢𝐚𝐧𝐜𝐞: By 2025, Bursa Malaysia requires listed companies to disclose sustainability practices—don’t get left behind! 📈𝐁𝐮𝐢𝐥𝐝 𝐓𝐫𝐮𝐬𝐭, 𝐒𝐭𝐫𝐞𝐧𝐠𝐭𝐡𝐞𝐧 𝐑𝐞𝐥𝐚𝐭𝐢𝐨𝐧𝐬𝐡𝐢𝐩𝐬: ESG reporting enhances transparency, fostering trust with investors, customers, and employees for long-term success. 📊𝐁𝐨𝐨𝐬𝐭𝐢𝐧𝐠 𝐎𝐩𝐞𝐫𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐄𝐟𝐟𝐢𝐜𝐢𝐞𝐧𝐜𝐲: By assessing environmental and social impacts, businesses can identify cost-saving opportunities, reduce waste, and improve their market competitiveness. 💹𝐆𝐨 𝐆𝐥𝐨𝐛𝐚𝐥 𝐰𝐢𝐭𝐡 𝐄𝐒𝐆: Align with international ESG standards to gain a competitive edge and attract eco-conscious stakeholders worldwide. Unlock your business potential with ESG today! 📞 Contact us at 012-485 8766 or 📧 enquiry@theoneisland.com #ESGReporting #Transparency #Sustainability #OneIslandConsultancy
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🌍 [Understanding ESG: A Game-Changer for Malaysian Businesses] 🌍 In today's dynamic business landscape, the significance of ESG (Environment, Social, and Governance) cannot be overstated. But what exactly is ESG, and why should Malaysian business owners prioritize it? 🌱 [Environment]: Focuses on how a company’s operations impact the natural world. This includes sustainable resource use, reducing carbon footprints, and managing waste responsibly. 🤝 [Social]: Centers on a company's relationships with its stakeholders. This covers employee treatment, community engagement, customer satisfaction, and promoting diversity and inclusion. 🏢 [Governance]: Involves the internal systems and practices that ensure a company operates ethically and transparently. This includes board diversity, executive compensation, and robust compliance measures. [Why ESG Matters for Malaysian Businesses]: Regulatory Compliance: Malaysian regulations are increasingly incorporating ESG criteria. Staying ahead of these changes can ensure compliance and reduce legal risks. [Investor Attraction]: Global investors prioritize companies with strong ESG practices, seeking long-term sustainable growth and risk mitigation. Competitive Advantage: Companies with robust ESG practices can differentiate themselves, build stronger brand loyalty, and attract eco-conscious consumers. [Risk Management]: Proactively addressing environmental and social issues helps anticipate and mitigate potential risks, from climate change impacts to social unrest. [Operational Efficiency]: Sustainable practices often lead to cost savings through energy efficiency, waste reduction, and streamlined operations. For Malaysian businesses, embracing ESG isn't just about compliance—it's about seizing opportunities for growth, innovation, and creating a positive impact on society and the environment. 🌿🤝🏢 Let's lead the way in making a difference! 💼✨ #ESG #Sustainability #MalaysiaBusiness #FutureOfBusiness #CorporateResponsibility
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Embrace ESG Today to Secure Tomorrow With Malaysia’s government prioritizing a sustainable future, organizations adopting ESG now will minimize future risks and meet evolving regulatory standards. Through ESG e-learning, companies empower employees to contribute meaningfully to long-term growth and resilience. Leading in ESG isn’t just good for business—it’s essential for sustainable success in Malaysia. #ESG #Sustainability #Malaysia #FutureReady #ResponsibleBusiness #elearning
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When can we expect to see NZ Action on capital for sustainability? Singapore and Indonesia are doing it. Now Malaysia has jumped on the bandwagon: See https://lnkd.in/gJ2vd4ks We just seem to have given up and resigned ourselves to meeting our Paris Accord obligations by paying $billions to other countries because we have no idea where to invest it domestically.
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Honored to present on "ESG and Net Zero Economy Transition in Malaysia" which held in Tokyo! On 14 September 2024, I had the incredible opportunity to share insights into Malaysia’s journey to a net zero economy and the central role of environmental, social and governance (ESG) principles in this transition. The session highlighted an exciting trend: The Malaysian private sector is increasingly recognising ESG not just as a compliance requirement, but as a catalyst for unlocking investment opportunities that promote long-term growth, innovation and resilience. A heartfelt thank you to ERIA for their unwavering support and valuable contributions that enriched the discussion and made the session truly impactful. The results of this study will be published as a book chapter by Q1 2025. #Sustainability #NetZero #ESG #Malaysia #Innovation
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