Bursa Malaysia has introduced the Centralised Sustainability Intelligence (CSI) solution, aiming to enhance the integration of Environmental, Social, and Governance (ESG) practices among Malaysian companies to improve their global competitiveness.
The launch event was officiated by YB Senator Tengku Datuk Seri Utama Zafrul Tengku Abdul Aziz, Minister of Investment, Trade & Industry (MITI), and attended by key figures from various sectors.
The CSI solution, designed to streamline ESG reporting, provides tools for assessing carbon emissions across value chains and facilitates sustainability reporting.
This initiative supports MITI’s New Industrial Master Plan (NIMP) 2030 and the National Semiconductor Strategy (NSS), promoting sustainable financing access for companies, including SMEs.
Addressing the need for cost-effective and seamless compliance with various ESG reporting frameworks, the CSI solution aims to help Malaysian businesses reduce their climate impact and improve their position in global markets.
Available to both listed and unlisted companies of all sizes, the platform will be crucial for the growth and decarbonisation of Malaysian industries, particularly in the manufacturing sector.
Early adopters from key economic sectors, such as construction, oil and gas, manufacturing, logistics, and automotive, have already started using the platform, demonstrating its wide applicability.
Companies that decarbonise and reduce emissions through the CSI solution will benefit from preferential financing rates offered by participating bank partners.
By aligning ESG disclosures with internationally recognised standards, including the IFRS Sustainability Disclosure Standards, TCFD, GRI, and the Greenhouse Gas Protocol, the platform positions Malaysian companies to attract global investors and customers who demand transparent and comprehensive sustainability reporting.
YB Senator Tengku Zafrul said,
“We aim for all sectors and businesses integral to the NIMP and NSS to use the CSI solution and disclose their ESG metrics uniformly, enabling policymakers to effectively gauge and further support businesses’ sustainability journeys.
By integrating ESG disclosures into the CSI solution, companies can enhance their sustainability credentials, access better financing rates, and attract ethical investors, thus driving progress, growth, and shared success for Malaysia.”
Datuk Muhamad Umar Swift Chief Executive Officer of Bursa Malaysia said,
“Through the CSI solution, we seek to support just transition, by providing Malaysian companies greater access to green financing for sustainable performance, which will also lead to improved valuation.
Higher ESG performance among Malaysian companies and their supply chains will also in turn result in greater market vibrancy in our capital market.”
