PETALING JAYA: Malaysia is proactive in adapting to global sustainability regulations, said ESG financial technology solutions provider STACS (Hashsta...
Malaysia is proactive in adapting to global sustainability regulations, said ESG financial technology solutions provider STACS and the International Sustainability Standards Board standards.
CBAM imposes tariffs on carbon-intensive goods imported into the European Union, which Soh said makes it crucial for Malaysian exporters to reduce their carbon footprints. Soh said Malaysia is also integrating the ISSB standards, beginning from January, into its regulatory framework, which requires detailed sustainability disclosures.
Moreover, Soh said, Malaysia’s National Energy Transition Roadmap outlines strategies for adopting renewable energy, improving energy efficiency, and implementing green technologies in manufacturing.
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