Rethinking ESG in a Post COVID-19 World

Sustainability

Rethinking ESG in a Post COVID-19 World

  • Rethinking ESG in a Post COVID-19 World How should companies in Malaysia rethink their ESG commitments, in light of the pandemic and recent developments by the government to move Malaysia towards a more sustainable future?
  • Date: Nov 19, 2020
  • Category: Sustainability
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COVID-19 has upended societies, disrupted businesses and left millions unemployed. It is a wake-up call to the magnitude of disruptions we could face if we remain idle towards issues on sustainability. Governments, investors and businesses are taking heed.

The Malaysian government's commitment to catalysing the sustainability agenda is reflected in the recently announced budget measures. The 2021 Budget, which has a special focus on sustainability, is aligned with the United Nations’ (UN) 17 Sustainable Development Goals (SDGs) and is designed to move Malaysia towards a more sustainable future.

In an effort to emerge stronger from COVID-19, it is imperative for businesses to rethink their Environmental, Social, and Governance (ESG) commitments. Embedding more sustainable practices will require combined efforts from businesses, the government, and the public to plan and drive improvements over the long term. This needs to start today for it to have the necessary impact.

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