ESG has recently gained prominence not only at global level but also in Malaysia. It serves as a comprehensive framework that encapsulates a company’s sustainable development endeavor, encompassing the environmental impact, societal contributions, and governance practices.
Following the announcement of Malaysia’s Budget 2025, there are several initiatives that bolster ESG implementation, particularly the social component. These initiatives can be seen to enhance social welfare, promote exclusivity and elevate the quality of life for diverse communities.