Introduction to the Malaysia Businesses Sustainability Pulse Report 2022
As one of the most widely reaching crises, the Covid-19 pandemic has changed the world in the most unexpected ways. Simultaneously, this disruption has also led to a greater realisation of how business objectives, and government policies, can impact society and the planet. The demand for positive Environment, Social, and Governance (ESG) behaviour is now stronger than ever among global and ASEAN businesses, regulators, and investors – where it is not only perceived as a measure of risk mitigation, but also as an opportunity to tap into the multi-trillion green economy.
Similarly, sustainability has become a strategic agenda in Malaysia, as both the government and private sector organisations gear up on actions to promote and advance their sustainability related ambitions. Despite the tremendous opportunities that ESG data can bring to improve Malaysia’s sustainability landscape, its availability (especially private sector ESG data) remains scarce.
Given the crucial role of private sector participation needed to enable the attainment of Malaysia’s SDGs, this ‘Malaysia Businesses Sustainability Pulse Report 2022’ is intended to help further close the data availability gap. The study aims to gain a better understanding of the extent of sustainability related practices within the private sector, and how stakeholders are measuring and managing sustainability.
This project, led by the UN Global Compact Network Malaysia & Brunei (UNGCMYB), in collaboration Bursa Malaysia, MATRADE, Malaysia Digital Economy Corporation (MDEC), Axiata, HSBC Amanah, Sarawak Energy, Tata Consultancy Services Malaysia, and Nottingham University Business School (NUBS) aims to gain collective insights on the approach of businesses towards sustainability issues.
The Malaysia Businesses Sustainability Pulse Report 2022, is an outcome of the ‘Malaysia Businesses Sustainability Pulse Study 2022 (SPS 2022)’, expected to provide benchmarkable data and insights and to be further used by business leaders, sustainability practitioners and policymakers to develop more effective strategies and initiatives to improve Malaysia’s sustainability landscape.
The Malaysia Businesses Sustainability Pulse Survey 2022
Joint Acting Group CEO and Group CFO
Axiata Group Berhad
" The Malaysia Business Sustainability Pulse Report is a timely research project measuring the landscape and sentiments around sustainability practices within Malaysia’s private sector. This collection of findings will aid gap analysis and identify areas of opportunities and challenges for cohesive and meaningful action by the private sector. At Axiata, we hope to enable meaningful conversations and considerations of both decision-makers and the public with information on how and where they can make a difference, with the hope that enriched and strengthened discussions will lead to the mainstreaming of sustainability actions and accelerate Malaysia’s achievement of sustainable goals. "