Wake up daily to our latest coverage of business done better, directly in your inbox.
Get your weekly dose of analysis on rising corporate activism.
The best of solutions journalism in the sustainability space, published monthly.
Select Newsletter
By signing up you agree to our privacy policy. You can opt out anytime.
The Malaysian government may make corporate environmental and social reporting mandatory by 2007 to achieve greater transparency. Datuk M. Kayveas, deputy minister in the prime minister's department, said: 'Companies will be competing to be more transparent and adopt proper reporting on environmental and social matters. That's the trend we see in the future. We are looking at all these things falling into place around 2007.'
Tay Kay Luan, head of the Malaysian Association of Chartered Certified Accountants, which has just published two reports on the subject, revealed that ten per cent of main board companies produced environmental reports last year, compared with 7.8 per cent in 2002, and eight per cent produced social reports, compared with five per cent the previous year.
Main board companies are the largest businesses listed on the Bursa Malaysia, formerly the Kuala Lumpur Stock Exchange.
Tay Kay Luan, head of the Malaysian Association of Chartered Certified Accountants, which has just published two reports on the subject, revealed that ten per cent of main board companies produced environmental reports last year, compared with 7.8 per cent in 2002, and eight per cent produced social reports, compared with five per cent the previous year.
Main board companies are the largest businesses listed on the Bursa Malaysia, formerly the Kuala Lumpur Stock Exchange.
TriplePundit has published articles from over 1000 contributors. If you'd like to be a guest author, please get in touch!
