BFM Podcast

Why Ignoring Emissions Reporting Could Cost Your Business – Listed or Not

Tan KW
Publish date: Fri, 04 Oct 2024, 01:39 PM
Why Ignoring Emissions Reporting Could Cost Your Business – Listed or Not

04-Oct-24 12:00

Phang Oy Cheng, Head of ESG and Sustainability Advisory, KPMG Malaysia

Feeling confused or overwhelmed by the rising demands of emissions reporting and sustainability standards? In this episode of Enterprise Explores, we simplify the complexities of emissions reporting - focusing on Scope 1, 2, and 3 - with insights from Phang Oy Cheng, Head of ESG and Sustainability Advisory at KPMG Malaysia.

Oy Cheng breaks down the layers of emissions reporting and explains why companies need to pay attention, even if you are not a listed company or directly impacted by regulations right now.

Among other things, Oy Cheng explains why businesses, even those not yet subject to regulations, need to pay attention to emissions reporting now.

Key Areas of Conversation:

- A clear breakdown of Scope 1 and 2 emissions, and how Scope 3 differs by covering the entire value chain.

- The common challenges businesses face in gathering accurate data, particularly for Scope 3 emissions across supply chains.

- Why emissions management isn't just about compliance but can drive long-term business value, market share, and stakeholder trust.

- Insights into Bursa Malaysia's latest sustainability reporting requirements and how businesses can prepare for upcoming regulations.

- Practical steps for smaller companies in supply chains to begin their ESG reporting journey, and resources available to support them.

Tune in to gain clarity on emissions reporting, why SMEs, suppliers, and vendors need to pay attention, and discover how your business can turn compliance into a strategic advantage for future growth.

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