Why Sustainability Disclosure Matters for All Companies

Sustainability disclosure is no longer a "nice-to-have" – it's essential for businesses of all sizes, from SMEs to multinational corporations. Here's why: 

Enhanced Reputation and Trust

Transparent reporting demonstrates a company's commitment to ethical and responsible practices, building trust with investors, customers, and the public.

Risk Mitigation

Identifying and disclosing environmental and social risks helps companies proactively address potential threats to their operations and financial performance. 

Improved Financial Performance

Investors increasingly prioritize Environmental, Social, and Governance (ESG) factors. Sustainability disclosures can attract ESG-focused investors and improve access to capital. 

Competitive Advantage

Companies with strong sustainability performance can differentiate themselves in the market, attract talent, and gain a competitive edge

The Role Of GRI And International Sustainability Standards Board (ISSB) In Southeast Asia

The GRI/ISSB's global sustainability disclosure standards aim to create a consistent and comparable framework for companies worldwide. This is crucial for Southeast Asia, where a diverse range of companies operate across different markets.  

Benefits for MNCs

  • Reduced Reporting Burdens

    A global standard can simplify reporting requirements for MNCs operating in multiple jurisdictions.

  • Improved Data Quality and Comparability

    Consistent standards enhance data quality and comparability across companies, enabling more informed investment decisions.

  • Enhanced Access to Global Capital Markets

    Compliance with GRI/ISSB standards can improve access to global capital markets and attract international investors.

Benefits for SMEs

  • Access to Global Markets

    While the initial focus may be on larger companies, the sustainability disclosure can eventually provide a pathway for SMEs to access global markets and compete on a level playing field.

  • Improved Access to Finance

    Sustainability disclosures can help SMEs attract impact investors and access sustainable finance options.

  • Increased Resilience

    By identifying and addressing sustainability risks, SMEs can improve their resilience to climate change, social unrest, and other global challenges.

Driving Impact and Shaping the Future

Sustainability disclosure is not just about compliance; it's about driving positive impact on the business and the future. By embracing sustainability principles and transparently reporting on their progress, companies can

Contribute to a more sustainable future

By reducing their environmental impact, promoting social equity, and strengthening their governance practices

Enhance long-term value

By building a more resilient and sustainable business model that can withstand future challenges.

Inspire others

By setting an example for other companies in the region and driving a collective shift towards a more sustainable economy.

The use and adoption of GRI and ISSB standards in Southeast Asia presents a significant opportunity for companies to enhance their sustainability performance, improve their competitiveness, and contribute to a more sustainable future for the region.

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