Concerns over ESG ecosystem

Malaysia University of Science and Technology professor Geoffrey Williams said “the infringements are very serious.They signal a failure of the sustainability agenda in Malaysia, which has been around for almost 15 years,” he told StarBiz.

KUALA LUMPUR: As allegations against Malaysian companies for labour-related infringements continue to mount, concerns over the validity of their respective environmental, social and governance (ESG) agendas are equally on the rise.

On Jan 29, the United States Customs and Border Protection (CBP) banned imports from disposable glove maker YTY Industry Holdings Sdn Bhd over suspected forced labour practises, the seventh such ban on a Malaysian company in two years.