KUALA LUMPUR: Regulators in the country will need to provide greater standardisation on Environmental, Social, and Governance (ESG) data presentation to ease the data compilation and its comparison between companies and industries.
RHB Investment Bank regional equity research head Alexander Chia (pic) said the lack of standardisation is noticeable at the moment and the interpretation of data made available from various sources would affect the sustainability of ESG scoring matrix between different data providers.
“Most companies in Malaysia are already providing sustainability reports and information in regards of ESG perspective but in reality, larger corporates have more resources to put into exercise in which they are able to share more versus smaller companies with less resources, ” he said during the webinar session entitled “ESG & sustainable investing – The way forward?” yesterday. — Bernama
