Govt to ramp up implementation of ESG-related strategies in Budget 2023

He said these ESG-focused priorities are also key enablers for Malaysia to transition from the current recovery phase to longer-term reforms as outlined in the 12th Malaysia Plan. theSun thesundaily ESG Budget2023 MalaysiaPlan

: The government remains committed to prioritising environmental, social and corporate governance -focused development programmes and projects as outlined in the 2023 pre-budget statement, said Finance Minister Datuk Seri Tengku Zafrul Abdul AzizHe said these ESG-focused priorities are also key enablers for Malaysia to transition from the current recovery phase to longer-term reforms as outlined in the 12th Malaysia Plan.

He emphasised that lasting transformation can only be achieved when the whole nation – including the public and private sector – rally behind a common sustainability vision. Much of this was influenced by the recent pandemic, due to the increase in data to power digital applications, and will only increase moving forward, he said.

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