Malaysia launches consultation on adoption of ISSB standards

The Advisory Committee on Sustainability Reporting (ACSR), chaired by the Securities Commission Malaysia (SC) has launched a consultation for the adoption of the ISSB standards.
The consultation paper aims to seek feedback on the following:
  1. the use and application of IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information and IFRS S2 Climate-related Disclosures, including the required transition reliefs;
  2. the approach in relation to a sustainability assurance framework; and
  3. enablers and/or support required for (a) and (b).
The consultation paper may be accessed here and is open for comment until 21 March 2024.