A Descriptive Study on Environmental, Social and Governance Performance in Malaysian Public Listed Companies
DOI:
https://doi.org/10.22452/IJIE.vol18no1.4Keywords:
ESG, Malaysia, Listed companies, Societal well-being, Sustainable business practicesAbstract
Malaysian public listed companies (PLCs) stand out in the ASEAN region
for their commendable performance in environmental, social, and governance (ESG)
factors, as evidenced by prominent ESG indicators. This study evaluates the ESG
performance of 66 Malaysian companies, emphasising ESG assessment, sector-specific
insights, and categorisation. Notably, a substantial number of these companies emerge as
top-tier ESG performers. The findings shed light on the evolving corporate landscape in
Malaysia, showcasing a steady commitment to sustainability aligning with the nation’s
drive for sustainable investment. Governance takes precedence over environmental and
social objectives, revealing a strategic focus among these companies. The ESG strategies
employed demonstrate a high degree of maturity, strategic orientation, and a longterm
perspective, aimed at enhancing corporate competitiveness while contributing
to societal well-being. Despite their impressive ESG standing, this study reveals that
controversies often accompany top-tier performers. The paper provides valuable insights
into the determinants influencing ESG performance within these organisations, offering
pertinent information for policymakers, investors, and stakeholders committed to fostering
sustainable business practices in the Malaysian context.
Downloads
Downloads
Published
How to Cite
Issue
Section
License
Submission of a manuscript implies: that the work described is original, has not been published before (except in the form of an abstract or as part of a published lecture, review, or thesis); that is not under consideration for publication elsewhere; that its publication has been approved by all co-authors, if any, as well as tacitly or explicitly by the responsible authorities at the institution where the work was carried out. Transfer of copyright to the University of Malaya becomes effective if and when the article is accepted for publication. The copyright covers the exclusive right to reproduce and distribute the article, including reprints, translations, photographic reproductions, microform, electronic form (offline and online) or other reproductions of similar nature.
An author may self-archive the English language version of his/her article on his/her own website and his/her institutions repository; however he/she may not use the publishers PDF version which is posted on www.ijie.um.edu.my. Furthermore, the author may only post his/her version, provided acknowledgement is given to the original source of publication and a link must be accompanied by the following text: The original publication is available at www.ijie.um.edu.my.
All articles published in this journal are protected by copyright, which covers the exclusive rights to reproduce and redistribute the article (e.g. as offprint), as well as all translation rights. No material published in this journal may be reproduced photographically or stored on microfilm, in electronic database, video disks, etc., without first obtaining written permission from the publishers. The use of general descriptive names, trade names, trademarks, etc., in this publication, even if not specifically identified, does not imply that these names are not protected by the relevant laws and regulations.
The copyright owners consent does not include copying for general distribution, promotion, new works, or resale. In these cases, specific written permission must first be obtained from the publishers.
