The Advisory Committee on Sustainability Reporting (ACSR), chaired by the Securities Commission Malaysia (SC), today published a consultation paper to seek public feedback on the proposed framework for sustainability assurance.
The requirement for external assurance on sustainability reporting is necessary to ensure the reliability of disclosures by companies scoped-in under the National Sustainability Reporting Framework (NSRF).1
The consultation paper on the proposed framework discusses, among others, the adoption of international sustainability assurance standards, oversight of assurance providers, competency requirements for assurance leaders and timelines for external assurance.
Feedback is sought from a broad range of stakeholders to ensure that the framework is practical, credible and sufficiently robust.
A robust sustainability assurance framework is essential to address concerns on greenwashing and to promote investor confidence in the sustainable reports issued by companies.
The public consultation period is from 25 June 2025 to 6 August 2025.
The consultation paper is available online at https://www.sc.com.my/regulation/consultation-papers.
Any queries may be submitted to the ACSR Secretariat at nsrf@seccom.com.my
