More business proposals call for SMEs to incorporate ESG into their business models. According to a study, 72% of wealthy Malaysian people and 86% of high-net-worth individuals have a high interest in sustainable investments that contribute to the restoration of the environment. It’s no wonder that more companies are looking …
Driving Sustainability: How Financial Service Providers Empower SMEs for a Sustainable Future
As the focus on climate change and sustainability in business grows, banks and financial services are recognising the importance of incorporating Environmental, Social, and Governance (ESG) considerations into their investment decisions and loan approvals. To meet this demand, banks offer loans with specific ESG targets, such as green loans, sustainability …
Going Green for Growth: Why Sustainability is Crucial for SME Businesses
In today’s world, sustainability has become one of the most crucial aspects to consider, including in the way one runs a business. Adopting sustainable practices and going green isn’t just about doing the right thing for the environment, but it’s also related to making smart business decisions that can help …
Integrating ESG Self-Assessment into SME Growth Stages
Environmental, Social, and Governance (ESG) is a framework used to evaluate and assess an organisation’s business practices and performances based on varying sustainability and ethical issues. The term was first introduced in the 2004 United Nations (UN) report, “Who Cares Wins”, which was a joint initiative of financial institutions invited …
#3: Understanding the ‘G’ in ESG
We all know the importance of ESG by now, as previously featured in our blog posts on the “E” (Environmental) and “S” (Social) aspects of ESG. But out of all three letters in the acronym, the “G” is often overlooked, because it is viewed as not “directly” linked to sustainability …
What Contributes to Malaysia’s Economic Growth
After the turbulence of a pandemic, Malaysia has clawed its way out of the economic recession. continuing its recovery momentum. It’s been confirmed that the World Bank has raised its 2022 economic growth forecast for Malaysia from 5.5% to 6.4%. The growth is expected to result from borders opening after …
#2: Understanding the ‘S’ in ESG
The ‘S’ or social aspect of ESG is a broad topic that involves understanding the relationship between a business and its internal and external stakeholders to help identify and address the social issues affecting a business. These social issues can affect an organisation’s interactions with its community as well as …
#1: What is ‘E’ in ESG?
What is ESG? ESG, as outlined by the United Nations, is a term used to highlight a company’s financial and non-financial interests that are primarily concerned with long-term sustainability and ethical impacts. ESG approaches are comprehensive and call for risks and strategic planning, measurable objectives and specialised data analysis. It …
What is Sustainable Investing?
In the wake of a more environmentally-friendly generation, millennials favour making investments that correspond with their values. This is a large part of what drives the demand for sustainable investments, so offering value-based investing choices to millennials will aid in luring new business acumen to your company. Sustainable investing, also …
B20 Summit Indonesia 2022: Advancing Innovative, Inclusive, and Collaborative Growth
Bali, November 13th – 14th, 2022 – The Business 20 (B20 Summit) is the official G20 engagement group representing the global business community. It is tasked with formulating actionable policy recommendations on the top priorities set by each presidency, which will then be delivered to the G20 Presidency. The B20 …