Globally, the emphasis on and recognition of ESG (environmental, social and governance) factors have grown significantly in recent years, leading to increased demand for transparency on ESG by companies. In response to the growing demand by investors and buyers, enhanced sustainability reporting requirements for Main Market-listed companies will be implemented in phases, starting with the disclosure of common sustainability matters for financial year ending on or after Dec 31, 2023. There is also a need to facilitate comprehensive ESG disclosures by companies including their supply chains, to boost their overall competitiveness and investability.
Recognising this need, Bursa Malaysia, in collaboration with the London Stock Exchange Group, has developed the Centralised Sustainability Intelligence (CSI) Platform — a centralised repository for ESG disclosures. The CSI Platform enables public-listed companies (PLCs) to consolidate and disclose ESG data in a standardised manner, streamlining reporting and enhancing data credibility.
In addition to consolidating sustainability disclosures, the platform offers tools such as the Task Force on Climate-Related Financial Disclosures (TCFD) reporting module and a carbon emission calculator for companies and their supply chains. By creating an ecosystem around the CSI Platform, Bursa Malaysia aims to drive growth and Malaysia’s transition to a green economy.
