ESG Consultancy Malaysia
Environmental, Social & Governance Framework Implementation
ESG Framework Implementation
Transform your business with comprehensive Environmental, Social, and Governance strategies that drive sustainable growth and stakeholder confidence.
YHY Consultancy delivers expert ESG consulting services to organizations across Malaysia, helping you navigate evolving sustainability expectations, implement robust reporting frameworks, and demonstrate genuine commitment to responsible business practices.
Ready to strengthen your ESG performance?
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ESG Consultancy Services in Malaysia
The business landscape in Malaysia is rapidly evolving, with Environmental, Social, and Governance factors becoming central to corporate success. Investors, regulators, customers, and employees increasingly demand transparency and accountability on sustainability matters.
Whether you're a Bursa Malaysia listed company facing mandatory sustainability reporting requirements, an SME seeking to strengthen supply chain positioning, or an organization preparing for future ESG regulations, our consultancy services provide the expertise and support you need.
Our ESG consultancy delivers immediate and long-term benefits:
Benefits of ESG Framework Implementation
Enhanced Stakeholder Trust
Build credibility with investors, customers, employees, and communities through transparent ESG disclosure and demonstrated commitment to sustainable practices.
Access to Sustainable Finance
Unlock green financing, sustainability-linked loans, and ESG investment opportunities increasingly tied to ESG performance criteria.
Regulatory Compliance
Meet Bursa Malaysia sustainability reporting requirements and prepare for evolving ESG regulations affecting Malaysian businesses.
Risk Management
Identify and mitigate environmental, social, and governance risks that could impact business continuity and reputation.
Competitive Advantage
Differentiate your organization in tenders, supply chains, and market positioning through superior ESG credentials.
Operational Excellence
Improve resource efficiency, reduce waste, optimize energy consumption, and drive cost savings through sustainable operations.
Talent Attraction & Retention
Appeal to socially conscious employees and strengthen organizational culture through commitment to ESG values.
Long-term Value Creation
Build resilient business models that deliver sustainable financial performance alongside positive environmental and social impact.
Our Consulting Services
ISO 9001
Quality Management Systems
ISO 13485
Medical Devices QMS
ISO 14001
Environmental Management
ISO 22000
Food Safety Management
OHSAS 18001 / ISO 45001
Occupational Health & Safety
ESG Consultancy
Sustainability Framework
Standards Transition
Upgrade & Migration
Management Systems
Integrated Systems
Maintenance Program
Ongoing Support
Understanding ESG: The Three Pillars
ESG represents a comprehensive framework for evaluating organizational performance beyond traditional financial metrics. It encompasses three interconnected dimensions that collectively define responsible and sustainable business practices.
Modern stakeholders—from institutional investors to conscious consumers—use ESG criteria to assess corporate behavior, risk management, and long-term value creation potential.
Environmental
The Environmental pillar examines how organizations manage their impact on natural ecosystems. This includes climate change mitigation through greenhouse gas emission reduction, energy efficiency and renewable energy adoption, water resource management, biodiversity protection, waste reduction and circular economy practices, pollution prevention, and sustainable resource utilization. Companies must demonstrate environmental stewardship through measurable targets and transparent reporting.
Social
The Social dimension focuses on relationships with people and communities. Key considerations include employee health, safety, and wellbeing, fair labor practices and human rights protection, diversity, equity, and inclusion initiatives, employee development and engagement, community investment and stakeholder relations, supply chain labor standards, customer privacy and data protection, and product safety and quality. Strong social performance builds reputation and social license to operate.
Governance
Governance addresses leadership, ethics, and accountability structures. Critical elements include board composition, independence, and diversity, executive compensation alignment with long-term value creation, business ethics and anti-corruption measures, risk management and internal controls, shareholder rights and stakeholder engagement, transparency and disclosure practices, regulatory compliance, and ESG oversight mechanisms. Sound governance ensures responsible decision-making and stakeholder confidence.
ESG Reporting Frameworks & Standards
Multiple internationally recognized frameworks guide ESG disclosure and reporting. Understanding which standards apply to your organization and how to implement them effectively is crucial for credible ESG communication.
Global Reporting Initiative (GRI) Standards: The most widely adopted sustainability reporting framework globally, GRI provides comprehensive standards for disclosing economic, environmental, and social impacts. GRI Standards follow a modular structure with universal standards applicable to all organizations and topic-specific standards covering material issues. Our consultants guide you through materiality assessment, stakeholder engagement, and report preparation aligned with GRI principles of accuracy, balance, clarity, comparability, reliability, and timeliness.
Sustainability Accounting Standards Board (SASB): SASB focuses on financially material sustainability information relevant to investor decision-making. With industry-specific standards covering 77 sectors across 11 categories, SASB identifies the ESG issues most likely to impact financial performance. This investor-focused approach complements broader stakeholder reporting frameworks. We help organizations identify applicable SASB metrics and integrate financially material ESG data into corporate reporting.
Task Force on Climate-related Financial Disclosures (TCFD): TCFD provides recommendations for disclosing climate-related risks and opportunities across four pillars: governance, strategy, risk management, and metrics and targets. With increasing regulatory adoption globally, TCFD reporting demonstrates climate risk awareness and resilience. Our climate risk specialists conduct scenario analysis, assess physical and transition risks, and develop TCFD-aligned disclosures.
Bursa Malaysia Sustainability Reporting: All Bursa Malaysia listed companies must publish annual sustainability statements covering material economic, environmental, and social risks and opportunities. The reporting framework aligns with international best practices while addressing Malaysian context. Our Bursa-experienced consultants ensure your sustainability statement meets listing requirements, demonstrates genuine commitment, and enhances investor confidence.
Integrated Reporting (IIRC): The International Integrated Reporting Framework promotes integrated thinking by connecting financial and non-financial information to demonstrate value creation over time. Integrated reports explain how strategy, governance, performance, and prospects lead to long-term value creation across multiple capitals. We help organizations adopt integrated thinking and develop concise, strategic integrated reports.
UN Sustainable Development Goals (SDGs): The 17 SDGs provide a global framework for addressing sustainability challenges. Organizations increasingly align ESG strategies with relevant SDGs to demonstrate contribution to global goals and communicate impact in universally understood terms. Our consultants facilitate SDG mapping, target setting, and impact measurement to strengthen your sustainability narrative.
YHY Consultancy ESG Services
We deliver end-to-end ESG consultancy tailored to Malaysian organizations, from initial strategy development through ongoing performance measurement and disclosure.
Our consultants bring deep expertise in sustainability frameworks, materiality assessment methodologies, stakeholder engagement, data management systems, and reporting standards. We work collaboratively with your team to build internal ESG capabilities while delivering high-quality outputs.
Our practical, business-focused approach ensures ESG integration creates genuine value rather than becoming a compliance burden. We help you tell your sustainability story authentically and strategically.
Our ESG Implementation Process
We follow a structured, proven methodology to implement ESG frameworks effectively while building your internal capabilities
ESG Readiness Assessment
We evaluate your current sustainability practices, identify gaps against best practices, review existing policies and procedures, and establish a baseline for ESG performance. This diagnostic phase informs strategy development and prioritizes improvement areas.
Materiality Assessment
Through stakeholder consultations, industry benchmarking, and risk analysis, we identify and prioritize the ESG topics most significant to your business and stakeholders. Materiality assessment focuses resources on issues that matter most and ensures relevant, credible reporting.
ESG Strategy Development
We develop comprehensive ESG strategies aligned with business objectives, stakeholder expectations, and material issues. This includes setting ambitious yet achievable targets, defining governance structures, establishing policies, and creating implementation roadmaps.
Framework Selection & Implementation
Based on your reporting needs, we recommend appropriate frameworks (GRI, SASB, TCFD, etc.) and guide implementation. This includes developing data collection systems, establishing KPIs, creating internal procedures, and training responsible personnel.
Stakeholder Engagement
We design and facilitate stakeholder engagement processes to understand expectations, gather feedback, and build relationships. Effective engagement strengthens materiality assessment, informs strategy, and demonstrates commitment to transparency and accountability.
Data Management Systems
Robust ESG data collection, verification, and management systems are essential for accurate reporting and performance tracking. We establish processes, tools, and responsibilities for capturing qualitative and quantitative ESG data across your organization.
ESG Report Preparation
Our consultants prepare comprehensive, compliant ESG reports aligned with selected frameworks and stakeholder expectations. We ensure balanced, transparent disclosure covering both achievements and challenges while telling your sustainability story compellingly.
Training & Capacity Building
Knowledge transfer is central to our approach. We provide training programs for executives, sustainability teams, and broader employee populations to embed ESG understanding and build long-term internal capabilities for ongoing management.
Why Choose YHY for ESG Consultancy
Malaysian Market Expertise
Deep understanding of Bursa Malaysia requirements, local regulatory landscape, and Malaysian business context ensures relevant, practical ESG solutions tailored to your operating environment.
Multi-Framework Proficiency
Our consultants are experienced across GRI, SASB, TCFD, Integrated Reporting, and other frameworks, ensuring you implement the most appropriate standards for your stakeholders.
Practical Business Focus
We prioritize practical implementation that creates business value, not just compliance documentation. Our approach integrates ESG into strategy and operations for genuine impact.
Sector-Specific Knowledge
Experience across manufacturing, services, agriculture, financial services, and other sectors enables us to address industry-specific ESG priorities and materiality considerations effectively.
Capacity Building Focus
We transfer knowledge and build internal capabilities throughout the engagement, ensuring your team can maintain and advance ESG performance independently after project completion.
End-to-End Support
From initial strategy through reporting and beyond, we provide comprehensive support covering all aspects of ESG implementation, measurement, and disclosure.
Common ESG Implementation Challenges & Solutions
Organizations face various obstacles when implementing ESG frameworks. Our experienced consultants help you navigate these challenges effectively:
Limited ESG Knowledge & Resources: Many Malaysian organizations lack internal ESG expertise and dedicated resources. We provide outsourced ESG capabilities, acting as your sustainability team to drive implementation while building internal knowledge through training and knowledge transfer activities.
Data Availability & Quality Issues: Collecting reliable ESG data across diverse operations is challenging. We establish data governance frameworks, implement collection systems with clear responsibilities, develop verification procedures, and create data management tools appropriate for your organization size.
Determining Material Issues: Identifying truly material ESG topics requires systematic stakeholder engagement and analysis. Our materiality assessment methodology combines stakeholder input, industry benchmarking, risk assessment, and business impact analysis to prioritize focus areas credibly.
Framework Selection Confusion: Multiple ESG frameworks can overwhelm organizations. We help you understand framework purposes, identify stakeholder expectations, assess reporting requirements, and select appropriate standards or combinations that serve your needs efficiently.
Greenwashing Concerns: Organizations fear accusations of greenwashing when communicating ESG performance. We ensure balanced, evidence-based reporting that acknowledges challenges alongside achievements, uses verified data, avoids unsubstantiated claims, and demonstrates genuine commitment through targets and actions.
Integration with Business Strategy: ESG often remains siloed from core business planning. We facilitate strategic integration by connecting ESG priorities to business objectives, embedding sustainability in decision-making processes, and demonstrating ESG contribution to financial performance and risk management.
ESG Consultancy Investment & Timeline
Understanding the investment and timeframe for ESG implementation helps with planning and resource allocation.
Implementation Timeline
ESG framework implementation typically takes 6-12 months depending on organizational readiness, scope complexity, and reporting requirements. Organizations with existing sustainability initiatives may progress faster. The timeline includes materiality assessment, strategy development, system implementation, data collection, and report preparation.
Consultancy Investment
ESG consultancy fees in Malaysia range from RM15,000 to RM50,000+ depending on organization size, project scope, reporting complexity, and level of support. Investment covers materiality assessment, framework implementation, stakeholder engagement, data systems, report preparation, and training. We provide transparent, customized quotations.
Ongoing Management Costs
After initial implementation, organizations need resources for data collection, performance monitoring, stakeholder engagement, and annual reporting. We design efficient systems and build internal capabilities to minimize ongoing costs while maintaining reporting quality and continuous improvement momentum.
Return on Investment
ESG investment delivers returns through enhanced access to capital markets and sustainable finance, improved operational efficiency and cost savings, strengthened reputation and brand value, reduced regulatory and reputational risks, improved employee engagement and talent attraction, and competitive advantages in tenders and supply chains.
ESG Consultancy Coverage Across Malaysia
YHY Consultancy provides ESG consulting services throughout Malaysia. Our consultants travel to client sites nationwide to deliver personalized, on-site support for ESG strategy development, stakeholder engagement, training, and implementation.
Whether your organization is located in Kuala Lumpur, Petaling Jaya, Cyberjaya, George Town, Johor Bahru, Kuching, Kota Kinabalu, or anywhere across Malaysia, our ESG consultants deliver expert support for your sustainability journey with comprehensive on-site consultancy and training services.
Frequently Asked Questions About ESG Consultancy
ESG consultancy helps organizations integrate Environmental, Social, and Governance factors into their business strategy and operations. In Malaysia, ESG is increasingly important due to Bursa Malaysia listing requirements, investor expectations, and growing stakeholder demands for transparency. ESG consultancy provides expert guidance on framework implementation, materiality assessment, reporting standards, and performance measurement to enhance sustainability credentials and access capital markets.
The primary ESG reporting frameworks used in Malaysia include: GRI (Global Reporting Initiative) Standards for comprehensive sustainability reporting; SASB (Sustainability Accounting Standards Board) for industry-specific metrics; TCFD (Task Force on Climate-related Financial Disclosures) for climate risk reporting; Bursa Malaysia Sustainability Reporting Guide; and integrated reporting frameworks. Our consultants help you select and implement the most appropriate framework based on your industry, stakeholder needs, and regulatory requirements.
ESG framework implementation typically takes 6-12 months depending on organizational readiness, scope, and complexity. The process includes materiality assessment, stakeholder engagement, data collection system development, policy formulation, and report preparation. Organizations with existing sustainability initiatives may implement faster, while those starting from scratch require more comprehensive development. Our structured approach ensures efficient implementation while building internal capabilities.
ESG consultancy fees in Malaysia range from RM15,000 to RM50,000+ depending on project scope, organization size, reporting complexity, and level of support required. Costs cover materiality assessment, framework development, data management systems, stakeholder engagement facilitation, report preparation, and training. We provide transparent quotations tailored to your specific needs and deliver value through enhanced stakeholder confidence and improved access to sustainable finance.
ESG reporting is mandatory for all Bursa Malaysia listed companies, who must publish annual sustainability statements covering material ESG matters. While voluntary for unlisted companies, ESG disclosure is increasingly expected by investors, lenders, customers, and regulators. Many Malaysian companies proactively adopt ESG reporting to demonstrate responsible business practices, enhance reputation, and prepare for future regulatory requirements. Financial institutions are also incorporating ESG considerations into lending decisions.
SMEs benefit from ESG consultancy through enhanced access to financing, improved supply chain positioning with large corporations requiring ESG compliance, competitive differentiation, operational efficiency through resource optimization, and preparation for future regulatory requirements. Our consultants develop scalable, practical ESG frameworks suitable for SME resources while delivering measurable business value. Many multinational corporations in Malaysia now require ESG performance from suppliers, making implementation essential for SMEs.
Materiality assessment identifies and prioritizes the most significant ESG topics that impact your business and stakeholders. It involves stakeholder consultation, industry analysis, and risk assessment to determine which environmental, social, and governance issues are most relevant to your organization. This focused approach ensures efficient resource allocation, meaningful reporting, and strategic alignment. Materiality assessment is fundamental to credible ESG reporting under GRI, SASB, and other frameworks.
Yes, our ESG consultancy services are specifically designed to help listed companies comply with Bursa Malaysia sustainability reporting requirements. We guide you through the entire process including governance structure establishment, materiality determination, stakeholder engagement, data collection, performance measurement, and preparation of the annual sustainability statement. Our expertise ensures your reporting meets regulatory expectations while demonstrating genuine commitment to sustainable practices.
GRI (Global Reporting Initiative) provides comprehensive standards for broad sustainability reporting covering economic, environmental, and social impacts. SASB (Sustainability Accounting Standards Board) focuses on financially material ESG factors specific to 77 industries for investor decision-making. TCFD (Task Force on Climate-related Financial Disclosures) specifically addresses climate-related risks and opportunities. These frameworks are complementary and can be used together. Our consultants help you understand which framework best suits your reporting objectives and stakeholder needs.
Effective ESG performance measurement requires establishing clear metrics, data collection systems, baseline measurements, and regular monitoring processes. We help organizations identify relevant KPIs aligned with materiality assessment results, implement data management systems, establish targets and benchmarks, and develop dashboards for ongoing tracking. Regular internal audits and management reviews ensure data quality and continuous improvement. Our approach builds internal capability for sustainable ESG performance management.
ESG Resources & Information
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