Date: 18 October 2023
Capital Markets Malaysia, an affiliate of the Securities Commission Malaysia has launched the Simplified ESG Disclosure Guide (SEDG) for SMEs in Supply Chains, making Malaysia the first country globally to provide SMEs within global supply chains with a streamlined and standardised set of guidelines in relation to environment, social and governance (ESG) disclosures. The SEDG consolidates and simplifies the many complex global and local ESG-related frameworks to improve the availability of ESG data and information by SMEs. It comprises 35 priority disclosures that are aligned with local and global sustainability guidelines including the Bursa Malaysia Sustainability Reporting Guide, Global Reporting Initiative (GRI), International Sustainability Standards Board (ISSB), Greenhouse Gas Protocol (GHG Protocol), among others, which will enable SMEs to respond to disclosure requests from multiple stakeholders, including customers, investors, banks and regulators.
CMM has also launched its SEDG Adopter Programme, which provides SMEs with access to in-person training, tutorials, and workshops nationwide to guide SMEs in disclosing ESG data. We are encouraged by the overwhelming reception to the SEDG Adopter Programme which includes major multinational supply chain players, SMEs, numerous financial institutions, government agencies and NGOs, as well as several local chambers of commerce.
For more information, please click HERE.
