More practical sustainability reporting, Asean-style

KUALA LUMPUR: The Asean Business Advisory Council (Asean-BAC) Malaysia has unveiled a regional policy statement calling for a unified approach to sustainability reporting across the region.

The statement, issued in collaboration with Asean-BAC Malaysia’s partners Asean Sustainability Reporting Advocacy Collaborative (Asrac), aims to reduce duplication and make reporting more practical for businesses of all sizes throughout the region.

It also calls for the adoption of the International Sustainability Standards Board standards as a global baseline, implemented through a building-blocks approach that enables jurisdictions to add other requirements beyond climate related financial disclosures.

Read more at nst.com.my