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🇲🇾 Malaysia /Environment & Climate

Small businesses expected to face pressure over EU sustainability reporting

From Utusan Malaysia · () Malay

Translated from Malay and summarized by DistantNews. Read the original for the full story.

At a glance

News Named sources Context piece
  • Malaysian small and medium-sized enterprises are expected to face less direct exposure to EU sustainability reporting rules after changes to the CSRD’s scope.
  • MBSB Research chief economist Abdul Mui’zz Morhalim said commercial pressure to provide reliable environmental, social and supply-chain data would continue.

Malaysian small and medium-sized enterprises are expected to face less direct exposure to the European Union’s corporate sustainability reporting requirements after changes to the scope of the Corporate Sustainability Reporting Directive.

That reduced exposure may not remove the commercial pressure on local businesses. Abdul Mui’zz Morhalim, chief economist at MBSB Research, said companies would still face demands to provide reliable data on environmental, social and supply-chain matters.

Commercial pressure to provide valid and reliable environmental, social and supply-chain data will nevertheless remain.

· Abdul Mui’zz MorhalimThe MBSB Research chief economist described the continuing business pressure despite reduced direct exposure to the EU rules.
About this summary

Originally published by Utusan Malaysia in Malay. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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