CMM simplifies ESG disclosure guide for firms

The SEDG makes Malaysia the first country globally to issue such guidelines for SMEs.

PETALING JAYA: Capital Markets Malaysia (CMM) has launched a Simplified ESG Disclosure Guide (SEDG) to provide small and medium enterprises (SMEs) within global supply chains with a streamlined and standardised set of guidelines in relation to environmental, social and governance (ESG) disclosures.

CMM is an affiliate of the Securities Commission and the launch makes Malaysia the first country globally to issue such guidelines for SMEs.

In a statement, CMM said the SEDG consolidates and simplifies the many complex global and local ESG-related frameworks to improve the availability of ESG data and information by SMEs. — Bernama