Steady progress along ESG journey

Malaysia's industries are forging a path towards incorporating ESG principles into strategies and operations.

MALAYSIA is slowly, but surely, forging ahead in the path towards a better tomorrow, as both the public and private sectors are making strides in integrating and implementing environmental, social and governance (ESG) principles within their strategies.

For starters, on the back of international reports accusing Malaysian companies of labour violations and export bans in recent years, the Government has taken a strong stance to eliminate forced labour in the country by 2030 with the launch of the five-year National Action Plan on Forced Labour (NAPFL), supported by the International Labour Organisation (ILO), in November 2021.