Corporate governance rules in many countries, including Malaysia, have traditionally been based on the shareholder model. Even though it was acknowledged that stakeholders’ interests should be considered in creating long-term shareholder value, most principles and provisions are provided for the protection and creation of shareholder value. The 2021 Malaysian Code on Corporate Governance is one of the first corporate governance codes to incorporate sustainability-related and ESG considerations into its principles, intended outcomes, practices and guidance.

At the same time, sustainability reporting standards issued by various bodies globally require companies to disclose their sustainability governance structures and practices. This one-day program will discuss how corporate governance practices can effectively incorporate ESG considerations in order for boards to discharge their responsibilities in an ESG world.

In this workshop, participants will be exposed to leading practices by companies that have adopted and disclosed meaningful governance practices. Participants will be provided with steps to implement the new and updated provisions where relevant, and sample policies to improve governance practices in their companies so as to comply with the new and updated provisions in the MCCG.