Bursa Malaysia launches ESG reporting platform for Main, ACE-market listed companies

KUALA LUMPUR: Bursa Malaysia Bhd yesterday unveiled the Bursa Malaysia  Environmental, Social, and Governance (ESG) reporting platform  for listed issuers to submit disclosures as per the exchange's enhanced sustainability reporting requirements.

The repository is for Main market and ACE market-listed companies.

Without additional cost, listed issuers will access the ESG Reporting Platform via the Bursa LINK system to generate a summary performance table, which must then be disclosed in their respective Sustainability Statements.

The performance table must include indicators and data pertinent to the listed issuer's material sustainability matters. Listed issuers can refer to Bursa Malaysia's Illustrative Sustainability reporting guide for a visual representation of this requirement.

"We are implementing the enhanced sustainability reporting requirements for Main market and ACE market listed issuers in a phased approach, accompanied by supporting user guides and illustrative toolkits, to provide listed issuers time to familiarise themselves with the respective requirements. We are pleased to see the enhanced disclosures being undertaken with noteworthy progress in sustainability-related practices and disclosures by many listed issuers even before the mandatory periods. This puts our listed issuers in good stead as Malaysia pushes the bar for more robust ESG disclosures over the next few years," said Bursa Malaysia chief regulatory officer Julian Hashim. 

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