Using an ESG score of a company to determine the valuation of a company is seen as flawed and must be avoided at all costs.
AS Malaysia moves ahead in adopting best practices with respect to environmental, social, and governance (ESG) issues, companies listed on the Main Market of Bursa Malaysia are now required to disclose sustainability matters.
Meanwhile climate change-related disclosures aligned with the Task Force on Climate-related Financial Disclosures recommendations will come into force for companies with financial year ending on or after Dec 31, 2025.
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