Are Malaysian companies raising the bar on ESG?
It is worthwhile to note the best practices of Malaysian companies that are raising the bar on ESG in their respective industries. Some are going beyond what is expected of them and investing in resources that they believe are needed for the future, even though the immediate returns are not obvious.
“…the enlightened companies are those who have got themselves on the F4GBM Index. They're probably the ones seeing the benefits now. A lot of the companies that get on the index do so because of the quality of their [sustainability] reports. FTSE reviews their reporting and tells them how they can improve," says Phang Oy Cheng, Head of Sustainability Advisory Services at KPMG in Malaysia.
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