MSWG Webinar on Sustainability Governance and Reporting
19th September 2023. Tuesday (09.00am - 01.00pm)
Course Outline
Following amendments to Bursa’s Listing Requirements on 26 September 2022, a listed issuer is required to include in its annual report a Sustainability Statement or Report based on prescribed criteria and contents.
The Malaysian Code on Corporate Governance 2021 Edition, released by Securities Commission Malaysia on 28 April 2021, sets out 5 new Practices which focus on Sustainability Management and Reporting, for example the Board, together with Management, is tasked to oversee the governance of sustainability in the listed issuer as a Group, including setting the Group’s sustainability strategies, priorities and targets and ensure such strategies, priorities, targets, and performance against these targets are communicated to internal and external stakeholders. The Board is also encouraged to identify a designated person within Management to provide a dedicated focus to manage sustainability strategically, including the integration of sustainability considerations in the Group’s operations.
To assist Sustainability Management and Reporting by listed issuers, Bursa has published the 3rd Edition Sustainability Reporting Guide (“Guide”), complemented by Toolkits, which provides structured guidance in fulfilling the requirements.
Sustainability management and communication via reporting is seen to be an onerous requirement to most listed issuers as it entails comprehensive reporting of their sustainability practices, covering the economic, social, environmental and governance perspectives, and how well they have performed, including action plans for improvements. This session provides an overview to participants on the ESG agenda, including its management and reporting under the amended Listing Requirements and MCCG 2021.
Key learning outcomes are to enable participants to:
• understand what sustainability is and how it impacts a listed issuer’s future from perspectives of Bursa’s Listing Requirements and MCCG 2021
• be familiar with the sustainability themes of Economic, Environmental, Social and Governance (“EESG”) in the Group’s business;
• know the mandated contents for disclosure based on the amended Listing Requirements;
• be familiar with pertinent documentation on work conducted, including reporting to stakeholders in a balanced, meaningful and comparable manner; and be aware of pitfalls to be avoided.
Course Objectives
- Understand the principles of cyber security
- Understand the importance of security policies
- Understand cyber risk management
- Understand Incident response and communication process
- Understand international standard, best practice and guidelines
- Understand proactive and reactive security measures
- Understand the importance of security awareness programme
Target Audience
• Directors of listed corporations and their subsidiaries
• CEOs
• CFOs
• Chief Regulatory or Compliance Officers
• Chief Risk Officers
• Chief Sustainability Officers
• Company Secretaries
• Corporate Advisors
• Internal and External Auditors
• Service providers on Governance, Risk and Controls
• Advocates of Corporate Governance
• Personnel from the academia (lecturers, undergraduates, etc.)