Malaysia launches consultation on adoption of ISSB standards

Malaysia launches consultation on adoption of ISSB standards

The Advisory Committee on Sustainability Reporting (ACSR), chaired by the Securities Commission Malaysia (SC) has launched a consultation for the adoption of the ISSB standards.
The consultation paper aims to seek feedback on the following:
  1. the use and application of IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information and IFRS S2 Climate-related Disclosures, including the required transition reliefs;
  2. the approach in relation to a sustainability assurance framework; and
  3. enablers and/or support required for (a) and (b).
The consultation paper may be accessed here and is open for comment until 21 March 2024.