Malaysia’s Top 100 leads sustainability reporting | KPMG | MY

Malaysia’s Top 100 leads sustainability reporting practices, KPMG survey shows

Malaysia’s Top 100 leads sustainability reporting

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Malaysia’s Top 100 leads sustainability reporting practices, KPMG survey shows

About 97 percent of the Top 100 companies by revenue in Malaysia (N100) reported on their corporate sustainability performance, compared to the global average of 72 percent, according to the KPMG Survey of Corporate Responsibility Reporting 2017. 

The survey also showed that 93 percent of the N100 companies included Corporate Responsibility (CR) information (also known as sustainability information) into their respective annual reports, coming second only to India at 98 percent on a global ranking involving 49 countries.

According to Kasturi Nathan, Head of Governance & Sustainability at KPMG Management and Risk Consulting Sdn Bhd, these statistics indicate a strong shift in the focus amongst the top companies, saying, “Companies now see sustainability reporting as a way to strengthen their credibility among their stakeholders, with a clear acceptance that sustainability practices and meaningful disclosure reporting can become catalysts to gaining competitive business advantage in the pursuit of business longevity.”  

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