Consumers are demanding corporations have more sustainable practices, making adherence to ESG principles no longer optional — a challenge SIRIM QAS International aims to address with its suite of ESG verification and certification services.

Ts Md Adha Rahmat, senior general manager of the Management System Certification Department at SIRIM QAS International, says the group offers a range of ESG services tailored to meet the needs of businesses of all sizes, from small and medium enterprises (SMEs) to public-listed companies (PLCs).

“Our ESG solutions help organisations enhance their sustainability practices, improve governance and meet regulatory requirements, ultimately positioning them for long-term success in an increasingly responsible and competitive market,” he says.

The ESG Management System (ESGMS) Certification (SIRIM 55:2023) provides companies with a structured framework to integrate ESG practices into their operations to enhance their overall sustainability profile.

By adopting this certification, businesses can ensure that they meet regulatory requirements while also improving operational efficiency, reducing risks and fostering long-term growth.

“Certified companies stand to benefit from better corporate governance practices, stronger relationships with stakeholders and improved market competitiveness as more investors and customers prioritise sustainability,” says Adha Rahmat.

While implementing ESG principles is undoubtedly important, these efforts must also be visible and transparent to stakeholders — an aspect that SIRIM QAS International’s ESG reporting framework effectively addresses.

“By following the SIRIM 56:2024 framework, SMEs can enhance their ESG reporting quality, build trust with stakeholders and demonstrate their commitment to sustainable and responsible business practices, aligning with industry best practices and regulatory expectations,” Adha Rahmat explains.

Catering for SMEs, the ESG reporting service provides an approach to track, manage and report their ESG efforts, ensuring companies can communicate their ESG strategies to stakeholders, demonstrating their commitment to transparency and responsible business practices.

For public-listed companies (PLCs), ESG verification is a critical step in the external assurance exercise in ensuring that their sustanability reports and statements are accurate, reliable and traceable to a reliable source.

Leveraging SIRIM QAS International’s top-notch auditors, the verification external assurance service provides independent verification of sustainability reports and statements, ensuring their accuracy and reliability.

“This assurance process helps PLCs enhance their credibility with investors, regulators and other stakeholders, demonstrating that their sustainability claims are backed by independent audits,” says Adha Rahmat.

Having the relevant assurances and certification can go a long way in enhancing a company’s credibility and ensuring long-term sustainability amid an unpredictable business landscape.

SIRIM’s solutions empower organisations of all sizes to meet regulatory expectations, build stakeholder trust and improve their competitive edge.

“These comprehensive services together form a robust ESG strategy for businesses, acting as a foundation for their sustainability practices. They ensure that businesses go beyond just adhering to the standards — to also effectively demonstrate their commitment to ESG principles,” Adha Rahmat adds.

https://www.theedgemarkets.com/content/advertise/sirim-leads-the-way-in-esg-certification-excellence