Five trends in 2024 for Malaysia as mandatory ESG reporting becomes global norm

AS businesses around the world face increasing pressure to incorporate sustainability practices into their operations, governments are taking proactive steps to enforce mandatory ESG reporting. Malaysia, as a significant player in the South-East Asian region, is no exception to this global trend. To shed light on the implications of mandatory ESG reporting in Malaysia and the emerging trends within the country, StarESG turned to STACS founder and managing director Benjamin Soh, who leads STACS as Asia’s leading ESG data and technology company. Soh shares his insights on the impact of new regulations on corporate behavior, available resources for small-medium enterprises (SMEs) to navigate ESG reporting complexities, and his predictions for the most exciting trends expected to shape the ESG landscape in Malaysia throughout this year.

Soh: “ESGpedia also enables companies to receive insights from AI-harmonised data to inform their ESG strategy and meet rising stakeholder expectations, as well as leverage ESG solutions and services to drive sustainability efforts.”