Southeast Asia is undergoing a significant shift in its approach to sustainability, with regulators in Singapore, Malaysia and Indonesia accelerating climate-related disclosure requirements and implementing stronger carbon pricing frameworks.
Our Sustainability & Responsible Business Partner, Trevor Chuan, together with Niki Satyapeni, Partner at Makes & Partners (WPG member firm in Indonesia), and Brian Foong Mun Loong, Partner at Cheang & Ariff (WPG member firm in Malaysia), co-authored an article published by IFLR titled “Sustainability trends to watch in Southeast Asia.”
The article explores key regulatory developments, government initiatives and incentives driving the region’s transition towards a low-carbon future. This includes Singapore’s progressive climate reporting regime and carbon pricing framework, Malaysia’s forthcoming carbon tax and legislative measures on carbon capture and climate governance, and Indonesia’s advancement of sustainability disclosure standards and international carbon trading. They also talk about how these coordinated efforts across jurisdictions are not only driving greater accountability and transparency for businesses, but also positioning Southeast Asia as a proactive global partner in the collective fight against climate change.
Click here to read the full chapter.