In an era where corporations and leaders are turning a corner in their approach to business, Environmental, Social and Governance (ESG) has taken centre stage as the key to ensuring business sustainability and increasing shareholder value. In Malaysia, where ESG consciousness stands at varying levels, a new collaboration between the UN Global Compact Network Malaysia & Brunei (UNGCMYB) and The IBR Asia Group is set to change the playing field and allow both corporate and government organisations to demonstrate their achievements in corporate sustainability.
A Realistic Approach to Corporate Sustainability
UNGCMYB is the local network of the United Nations Global Compact (UNGC) – the world’s largest corporate sustainability initiative. Grounded in the 10 Principles of the UNGC and the Sustainable Development Goals, UNGCMYB aims to drive stakeholder action towards sustainable business practices. Chairperson, Ramesh Kana, draws the connection between sustainability and profitability and why they need not be mutually exclusive.