How to Start Your Sustainability Journey

Many companies would have heard of the increased urgent emphasis on Sustainability or Environment, Social, Governance (“ESG”) in the last 2 years.

As larger companies become more selective in working only with business partners who take ESG practices seriously, their trading partners, including small medium enterprises (SMEs), can no longer afford to operate under ‘business as usual’. Organisations with strong ESG ratings will have greater opportunities to access financing, including Green Finance.

Further, Malaysia has set an aspiration to be carbon neutral as early as 2050; in line with that, a number of Malaysian companies have set their net zero targets between 2030-2050.

Globally, it is estimated that 70-90% of the total carbon footprint of a business comes from its supply chain, comprising mainly SMEs. A recent survey conducted by a listed Malaysian company found that 90-95% of its supply chain needed help to better understand how to be more…