Malaysia's Climate Disclosure Rules: What You Need to Know

Summary Malaysia’s National Sustainability Reporting Framework adopts IFRS S1 and IFRS S2 as the baseline sustainability disclosure standards for Malaysian companies, with a climate-first sequence and extended transition reliefs. Group 1 companies started measuring in financial year 2025, with first reports in 2026 annual reports; Group 2 follows for 2026 and Group 3 for 2027. Scope covers every company listed on Bursa Malaysia’s Main Market and ACE Market, plus private companies with annual revenue of RM2 billion (about USD 490 million) and above.