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Leading Bursa Malaysia ESG & TCFD Climate Reporting Consulting

Driving Malaysia’s Sustainability & ESG Transformation

Malaysia has established itself as Southeast Asia’s ESG leader, with Bursa Malaysia’s mandatory sustainability reporting and progressive TCFD-aligned climate disclosure requirements. The country’s commitment to climate action, sustainable finance, and responsible business practices positions Malaysian companies at the forefront of ASEAN sustainability leadership.

As a leading ESG and sustainability consultant in Malaysia, Clenergize Consultants provides comprehensive advisory services helping Bursa Malaysia-listed companies meet mandatory sustainability reporting requirements, prepare for TCFD climate disclosures, and navigate environmental regulations. Our expertise spans ESG strategy, sustainability reporting, climate risk assessment, carbon accounting, and environmental compliance—ensuring Malaysian businesses excel in Southeast Asia’s evolving ESG landscape.

Why ESG Compliance is Business-Critical in Malaysia

Malaysia's National Policy on Climate Change, 12th Malaysia Plan, and MyHIJAU initiatives demonstrate the nation's commitment to sustainable development. Several regulatory mandates underscore this transformation:

  • Bursa Malaysia Mandatory Sustainability Reporting – All Main Market listed companies must publish mandatory Sustainability Statements covering sustainability governance, materiality assessment, climate risks, Scope 1-2 emissions (Scope 3 phased), supply-chain ESG, social KPIs, and diversity metrics. Approximately 300-400 large companies must comply annually.
  • Bursa Malaysia TCFD-Aligned Climate Reporting (Phased Mandate) – Bursa's Enhanced Sustainability Reporting Framework requires TCFD-aligned climate disclosures starting with Top 100 companies by market cap in FY2025, expanding to next 100-200 companies in 2026-2027. Requirements include TCFD governance, climate risks and opportunities, Scope 1-3 GHG emissions, transition plans, scenario analysis, and climate targets. Approximately 200-300 large companies will be affected.
  • Mandatory GHG Emissions & Environmental Reporting – Under the Environmental Quality Act (EQA) and Department of Environment (DOE) requirements, large emitters in energy, oil & gas, palm oil, manufacturing, and chemicals must report emissions and environmental impacts. Approximately 150-250 large companies must comply.
  • Mandatory Environmental Impact Assessments (EIA) – Malaysia's Department of Environment requires EIA approval for large projects in construction, mining, energy, chemicals, heavy industry, plantations, and infrastructure. Approximately 200-300 large companies undergo EIAs annually.

Given these developments, Malaysian companies that fail to adapt risk regulatory penalties, investor scrutiny, supply chain exclusion, and competitive disadvantage in ASEAN's sustainability-focused markets.

Clenergize's ESG Consulting Services in Malaysia

Clenergize Consultants offers tailored ESG and sustainability advisory services designed for Malaysia's regulatory environment and Islamic finance context. Our Malaysian expertise enables clients to achieve Bursa compliance, excel in TCFD climate reporting, and build sustainable competitive advantages across ASEAN markets.

1. Bursa Malaysia Sustainability Reporting

Mandatory sustainability reporting affects all Bursa Main Market listed companies. Clenergize's Bursa sustainability services include:

  • Sustainability Statement Preparation – Drafting comprehensive sustainability disclosures meeting Bursa Malaysia Sustainability Reporting Guide requirements
  • Materiality Assessment – Conducting stakeholder engagement to identify material sustainability matters using GRI and Bursa frameworks
  • Sustainability Governance – Establishing board oversight, sustainability committees, and management accountability structures
  • Climate Risk Disclosure – Reporting climate-related risks, opportunities, and management strategies aligned with Bursa expectations
  • Environmental Metrics – Measuring and reporting Scope 1 & 2 GHG emissions, energy consumption, water use, waste management, and environmental targets
  • Social Indicators – Disclosing employee metrics, health and safety, diversity and inclusion, community investment, and supply chain practices
  • Supply Chain ESG – Assessing and reporting sustainability performance across supply chains, particularly relevant for palm oil and manufacturing sectors
  • Year-on-Year Performance – Tracking sustainability KPIs and demonstrating continuous improvement
  • We serve Bursa-listed companies across plantations, financial services, property, manufacturing, consumer products, and industrial sectors, ensuring full regulatory compliance and stakeholder communication.

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2. TCFD Climate Reporting & Enhanced Disclosure

Bursa Malaysia's phased TCFD mandate creates urgent requirements for large-cap companies. Our TCFD services include:

  • TCFD Gap Analysis – Assessing current climate disclosure capabilities against Bursa's enhanced reporting requirements
  • Governance & Strategy – Establishing climate governance structures and developing climate strategies aligned with business objectives
  • Climate Risk Assessment – Identifying and analyzing physical risks (flooding, extreme weather, sea-level rise) and transition risks (policy, technology, market, reputation) relevant to Malaysian operations
  • Scenario Analysis – Conducting climate scenario planning across multiple temperature pathways and policy scenarios
  • Complete Carbon Foot printing – Measuring Scope 1, 2, and 3 GHG emissions following GHG Protocol standards, including upstream and downstream value chain emissions
  • Climate Metrics & Targets – Establishing climate KPIs, emission reduction targets, and carbon intensity metrics
  • Transition Planning – Developing decarbonization roadmaps, capital allocation plans, and climate adaptation strategies
  • TCFD Report Preparation – Drafting climate disclosures meeting Bursa's TCFD-aligned requirements for phased implementation

We help Top 100 and Top 200 Bursa companies prepare for mandatory TCFD climate reporting, ensuring regulatory compliance and investor confidence in Southeast Asia's sustainability-focused markets.

3. Environmental Compliance & EQA Reporting

Malaysian environmental regulations require comprehensive reporting. Clenergize's environmental compliance services include:

  • DOE Emissions Reporting – Preparing annual GHG inventories and environmental reports for Department of Environment submission
  • Environmental Quality Act Compliance – Ensuring compliance with EQA requirements for air quality, water quality, and waste management
  • Environmental Management Plans – Developing and implementing environmental management systems following ISO 14001
  • Environmental Monitoring Programs – Establishing continuous monitoring for emissions, effluents, and environmental impacts
  • Environmental Audits – Conducting periodic audits to verify regulatory compliance and identify improvement opportunities
  • Sustainability Metrics Integration – Connecting DOE reporting with Bursa sustainability disclosure requirements

We serve energy, manufacturing, palm oil, chemical, and industrial companies managing complex environmental compliance obligations.

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4. Environmental Impact Assessment Support

Major projects require rigorous environmental assessment. Our EIA services include:

  • EIA Study Preparation – Conducting comprehensive environmental impact assessments meeting DOE requirements
  • Baseline Environmental Studies – Documenting existing environmental conditions including air quality, water resources, biodiversity, and socioeconomic factors
  • Impact Analysis – Assessing potential environmental impacts of proposed developments and expansions
  • Mitigation Planning – Developing environmental mitigation measures, monitoring programs, and management plans
  • Stakeholder Consultation – Managing public consultation processes and incorporating community feedback
  • DOE Approval Support – Coordinating EIA submission, responding to DOE queries, and securing environmental approval

We help construction, infrastructure, energy, mining, and industrial companies navigate Malaysia's rigorous EIA process for major project developments.

5. Carbon Accounting & Climate Strategy

Carbon management supports both regulatory compliance and climate leadership. Clenergize provides:

  • Comprehensive Carbon Footprinting – Scope 1, 2, 3 GHG inventory following GHG Protocol and ISO 14064 standards
  • Carbon Reduction Strategy – Identifying emission reduction opportunities across operations, energy use, and supply chains
  • Science-Based Targets – Developing SBTi-validated emission reduction targets aligned with Paris Agreement pathways
  • Net Zero Roadmaps – Creating long-term decarbonization strategies with interim milestones and investment requirements
  • Carbon Offset Strategy – Sourcing high-quality carbon credits from Malaysian and international markets
  • Climate Adaptation Planning – Developing resilience strategies for physical climate risks relevant to Malaysian operations

We serve palm oil, manufacturing, property, energy, and financial services companies developing credible climate strategies supporting Bursa TCFD requirements.

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6. Renewable Energy & Sustainable Energy Solutions

While ESG compliance is our primary focus in Malaysia, Clenergize brings renewable energy expertise supporting decarbonization:

  • Corporate Renewable Energy Strategy – Developing renewable procurement plans through Corporate Green Power Program (CGPP), large-scale solar, and renewable certificates
  • Solar Feasibility Studies – Assessing rooftop and ground-mounted solar potential for industrial facilities, commercial buildings, and plantations
  • Net Energy Metering (NEM) Advisory – Navigating Malaysia's NEM 3.0 program for on-site solar generation
  • Renewable Energy Certificates – Sourcing International REC Standard (I-REC) certificates for Scope 2 market-based accounting
  • BESS Integration – Evaluating battery energy storage systems for peak demand management and renewable integration

With renewable energy project experience across Southeast Asia, we help Malaysian companies integrate clean energy into comprehensive climate strategies supporting Bursa sustainability and TCFD requirements.

Industry Specialization in Malaysia

Our Malaysian ESG consulting serves key sectors:

  • Palm Oil & Plantations – Sustainability certification, deforestation monitoring, TCFD climate risk
  • Manufacturing & Industrial – Environmental compliance, carbon management, supply chain ESG
  • Financial Services – Islamic sustainable finance, climate risk for banks and insurers
  • Property & Real Estate – Green building, climate resilience, environmental management
  • Energy & Utilities – Emissions reporting, renewable integration, climate transition
  • Consumer Products – Supply chain transparency, sustainable sourcing, circular economy

Why Choose Clenergize for Malaysia ESG Compliance?

Malaysian Market Expertise

Deep understanding of Bursa requirements and local business environment

TCFD Implementation Leaders

Preparing Malaysian companies for phased climate disclosure mandates

Environmental Regulatory Knowledge

Comprehensive understanding of DOE, EQA, and environmental compliance

Islamic Finance Context

Experience with sustainable and responsible investment (SRI) in Islamic finance

ASEAN Regional Experience

Operating across Southeast Asia with regional perspective

Multi-Disciplinary Team

ESG strategists, environmental consultants, carbon experts, and regulatory specialists

Partner with Clenergize for Malaysian ESG Leadership

As Malaysia advances its sustainability agenda and Bursa TCFD climate reporting, companies need expert partners to navigate evolving requirements while demonstrating sustainability leadership in ASEAN.

Contact us to explore how we can help your organization achieve Bursa sustainability compliance, TCFD climate readiness, and sustainable business excellence across Malaysia and Southeast Asia.

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Frequently Asked Questions

SB 253, also known as the Climate Corporate Data Accountability Act, requires companies with annual revenues over $1 billion doing business in California to disclose their Scope 1, Scope 2, and Scope 3 greenhouse gas (GHG) emissions. Reporting begins in 2026 for Scope 1 and 2 emissions (covering the 2025 fiscal year) and in 2027 for Scope 3 emissions.

SB 261 requires companies with annual revenues over $500 million operating in California to disclose climate-related financial risks and their mitigation strategies. The disclosures, starting in 2026, must align with the Task Force on Climate-Related Financial Disclosures (TCFD) framework.

Scope 1: Direct emissions from owned or controlled sources (e.g., on-site fuel combustion). Scope 2: Indirect emissions from the purchase of electricity, steam, heat, or cooling.Scope 3: All other indirect emissions in a company’s value chain, including supply chain emissions, transportation, and product lifecycle emissions.

Non-compliance will result in penalties from the California Air Resources Board (CARB). SB 253: Fines up to $500,000 per reporting year. SB 261: Fines up to $50,000 per reporting year. Additionally, companies risk reputational damage and potential loss of investor confidence.

Clenergize Consultants provides:

  • Expertise in measuring and reporting Scope 1, 2, and 3 emissions
  • Guidance on climate risk assessments and mitigation strategies aligned with TCFD.
  • Support with implementing data collection systems and ensuring reporting accuracy.
  • Assistance with third-party verification and assurance for compliance.
  • Tailored solutions to integrate carbon disclosures into broader ESG strategies.
  • Access to our proprietary digital platform Clenergize ESG+ to monitor your carbon footprint and ESG strategy.

For further queries please contact us on info@clenergize.com

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