13/08/2025

ESG WEDNESDAY | AUG 13, 2025

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CMM launches emissions calculator

effort, further simplifying the ‘Emissions’ disclosure requirements of the SEDG,” she added. “In developing the tool, we carried out a series of user acceptance tests (UATs) to understand the needs and expectations of SMEs across diverse sectors within the supply chain. “To ensure broad accessibility, the calculator is available at no cost to users, in three languages – English, Bahasa Melayu and simplified Mandarin,” she added. As global sustainability standards, customer expectations, and ESG compliance requirements continue to evolve, it is essential that the SEDG remains relevant and practical for Malaysian businesses. In line with this, CMM also announced the release of SEDG Version 2, which includes three additional recommended disclosures designed to better align with the reporting needs of global customers.

by Malaysian companies,” he added. To ensure consistency and credibility, the SEDG GHG Emissions Calculator utilises a methodology which follows widely accepted international standards such as the GHG Protocol Corporate Accounting and Reporting Standard and Intergovernmental Panel on Climate Change (IPCC). These standards are also used by the Malaysian government in the Biennial National Communications to the UNFCCC. The Calculator comes with pre filled emission factors from the IPCC’S 6th Annual Report (AR6) for fuel combustion commonly used in Malaysia such as diesel, petrol, LPG, natural gas, and others. Emission factors for grid electricity consumption come from local sources such as publications from Malaysia’s Energy Commission. CMM general manager Navina Balasingam said: “The SEDG has

Mohammad Faiz Azmi, who is also CMM chairman, said: “For many SMEs in Malaysia, particularly those operating in global supply chains, the ability to accurately measure and report their Scope 1 and Scope 2 emissions is critical in responding to disclosure demands of their customers.” He said the SEDG GHG Emissions Calculator simplifies a complex process, making emissions reporting accessible even to first-time users. “Beyond reporting, it also enables companies to pinpoint key emission sources across operations, allowing them to make informed decisions and move towards meaningful climate actiond. “The calculator further complements efforts by the SC to promote consistent and credible sustainability disclosures and supports the adoption of the National Sustainability Reporting Framework

KUALA LUMPUR: Capital Markets Malaysia (CMM), an affiliate of the Securities Commission Malaysia (SC), recently launched the Simplified ESG Disclosure Guide (SEDG) Greenhouse Gas (GHG) Emissions Calculator for Small and Medium Enterprise (SMEs). The user-friendly tool is designed to help Malaysian companies measure and report their Scope 1 and Scope 2 emissions based on the globally recognised Greenhouse Gas (GHG) Protocol. SC executive chairman Datuk o Tool helps companies identify key greenhouse gas sources

Mohammad Faiz and Navina.

received widespread acceptance since its launch in October 2023. “We’ve seen a strong response from Malaysian and multinational companies with large supply chains, utilising the SEDG to support ESG reporting by their SME suppliers. “CMM will continue its nationwide workshops to help SMEs in supply chains disclose ESG data credibly and effectively. “The calculator is a key part of this

AIS, Deloitte introduce Certified Sustainability Officer programme KUALA LUMPUR: The Asia Institute for Sustainability (AIS), the Singapore-based regional certification body for sustainability and ESG leadership, recently announced the launch of the Certified Sustainability Officer (CSO) Professional Training Programme in Malaysia. The programme is delivered in collaboration with Deloitte, the official training partner for the programme. Aimed at both current and aspiring sustainability professionals, the CSO Programme is a globally aligned, regionally contextualised, and industry-relevant certification. It equips participants with the strategic insight and practical expertise needed to lead ESG and sustainability transformation within organisations. The programme also prepares professionals to navigate rapidly evolving regulatory standards and increasing stakeholder expectations. “Malaysia aims to achieve Net Zero by 2050, alongside implementing a progressive National Sustainability Reporting Framework. It is estimated that Malaysia will need 10,000 sustainability professionals by 2030. “To meet this, we must develop at least 2,000 qualified professionals annually to help companies plan, manage, and report on sustainability. The CSO Programme accelerates this effort by aligning regional and global standards with local capabilities,” said Datuk William Ng, AIS Programme Chair for Malaysia. Participants in the CSO Programme will gain practical and strategic competencies essential for navigating today’s complex sustainability landscape. The curriculum is developed and delivered by experienced ESG practitioners and regional sustainability leaders, and covers core areas such as ESG leadership, corporate sustainability strategy, regulatory compliance, stakeholder engagement, and reporting. Importantly, the programme is aligned with the National Sustainability Reporting Framework and key global disclosure standards, enabling participants to stay ahead of regulatory developments and stakeholder demands. Upon completion, professionals will be entitled to carry the post-nominal title of “CSO”, to strengthen their credentials in a field where formal qualification is increasingly critical.

Syed Mashafuddin (second from right) officiates the launch of the Greenhouse Gases Implementer Programme in collaboration with Chemsain during the Affin SME BizChat 2025.

Affin Group, Chemsain team up to empower SMEs KUALA LUMPUR: Affin Group, in strategic collaboration with Chemsain Sustainability Sdn Bhd, has unveiled the Greenhouse Gases Implementer Programme (Sustainability Programme) during the Affin SME BizChat 2025, a flagship event aimed at empowering SMEs through the integration of Environmental, Social, and Governance (ESG) principles. Sponsored by Credit Guarantee Chemsain and TÜV SÜD, with successful participants receiving internationally recognised certification accredited by TÜV SÜD, a globally respected certification body. Affin and Chemsain signed a memorandum of understanding (MoU) in July 2024 during the inaugural Affin SME BizChat, themed “Driving Sustainable Business with Artificial Intelligence”, held in Kuching, Sarawak. This recognition, published in MSCI’s latest ESG ratings report, highlights significant improvements in the Group’s corporate governance practices, including enhanced board oversight, accountability, and transparency, aligned with global best practices.

Affin was recently named Bank of the Year – ESG Champion at the 10th Sustainability and CSR Malaysia Awards 2025, further affirming the Group’s commitment to responsible banking with impact. These accolades reflect the Group’s unwavering dedication to environmental stewardship and the well-being of the communities it serves. The Affin SME BizChat featured a dynamic panel discussion aimed at empowering SMEs with practical ESG insights. Industry experts shared actionable strategies to help businesses integrate sustainable practices, remain competitive, and navigate evolving regulatory landscapes. The event also showcased a live ESG demonstration and insightful presentations by invited speakers, providing SMEs with hands on knowledge to kick-start their sustainability journey.

“At Affin, we remain dedicated to encouraging and supporting SMEs in transforming their businesses into low-carbon operations by adopting sustainable practices, in line with our AX28 Plan’s strategic pillar of responsible banking with impact,” said Affin Islamic Bank Bhd CEO Datuk Paduka Syed Mashafuddin Syed Badarudin. “Our collaboration with Chemsain and CGC reflects our commitment to helping SMEs embrace ESG principles and transition toward a greener, more resilient future,” he added. Affin celebrated several recent milestones that reflect the Group’s continued growth and unwavering commitment to excellence. Notably, Affin Bank Berhad was recently upgraded from an ‘A’ to ‘AA’ rating in the Morgan Stanley Capital International (MSCI) Environmental, Social, and Governance ratings.

Corporation Malaysia Berhad (CGC) and Generali Life Insurance Malaysia Berhad, the event carried the theme ESG for SMEs: A Practical Approach , underscoring Affin’s commitment to sustainable banking and SME development in Malaysia. The Sustainability Programme is a pioneering initiative aimed at equipping SMEs with the skills and knowledge to adopt internationally recognised Greenhouse Gas (GHG) Protocol Corporate Standards. It will include training for Certificates of Competency in ISO 14064-1 and ISO 14064-2, and prepare individuals to become certified GHG Practitioners, with a strong focus on developing Scope 1 and Scope 2 corporate GHG baselines. The training will be conducted by

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