Authors: Say Keat Ooi; Azlan Amran
Addresses: Graduate School of Business, Universiti Sains Malaysia, 11800 Penang,Malaysia. ' Graduate School of Business, Universiti Sains Malaysia, 11800 Penang, Malaysia
Abstract: The Paris Agreement 2015 marked a historical moment for climate change mitigation efforts. With the put forth plans to cut GHG emissions, there are increasing demand for transparency of corporate carbon footprint reductions. This paper describes the development of a Malaysian context climate change reporting index. Drawing from the national policy on climate change, and the reporting framework of the Climate Disclosure Standards Board, together with content analysis of several recognised best practice guides released by international associations, a Malaysian-based climate change reporting index has been developed. This climate change index would be useful for organisations seeking to report climate change related information, and it acts as a detailed benchmarking tool for institutional investors and corporations to take action on climate change. Despite the comparatively low extent of corporate climate change reporting, the findings indicated that Malaysian businesses are aware of climate change, and focus on climate change business strategies.
Keywords: climate change; climate change reporting index; governance; sustainable development; Malaysia.
World Review of Entrepreneurship, Management and Sustainable Development, 2018 Vol.14 No.4, pp.507 - 527
Received: 01 Oct 2016
Accepted: 12 Mar 2017
Published online: 30 Jul 2018 *