ESG ConsultantMALAYSIA
05 / PREPARE THE REPORTING SYSTEM

NSRF & IFRS S1 / S2 readiness support

Understand your reporting pathway and prepare the governance, data and controls needed to support it.

Illustrative carbon data and reporting workspace
ILLUSTRATIVE ESG PERSPECTIVE
THE SHORT ANSWER

NSRF readiness is the process of assessing how a company’s governance, risk processes, reporting systems and climate information compare with the requirements relevant to it. Malaysia’s phased framework is based on IFRS S1 and IFRS S2. Reporting and mandatory assurance follow different timetables.

When this
becomes useful.

Directors need a defensible view of readiness. A report-writing exercise alone will not fix gaps in climate information, internal controls or oversight.

What to prepare

  • Listing status, group structure and financial year-end
  • Risk registers and board governance documents
  • Climate-related metrics and existing disclosures
WHAT YOU CAN RECEIVE / SUBJECT TO SCOPE

Clear outputs.
Useful next steps.

  1. Entity and reporting-period applicability discussion
  2. IFRS S1 / S2 gap assessment
  3. Governance, risk and data-control action register
  4. Reporting workplan and management briefing

Confirm effective regulatory instruments, entity classification and reliefs with your company secretary or relevant adviser. This service does not provide a legal opinion or an independent assurance conclusion.

How the engagement works

Start with a discussion of your request and deadline. Review the information available, agree the delivery adviser and written scope, then confirm deliverables, responsibilities and fees before proceeding. Your management team reviews and approves the final information.

What affects the fee?

Company complexity, number of sites, quality of existing records, stakeholder requirements, review rounds and deadlines. Request a scoped proposal rather than comparing unrelated package prices.

Discuss your ESG priorities↗

Related support

Useful references

Securities Commission Malaysia — NSRF ↗Capital Markets Malaysia — SEDG ↗

THE NEXT CHAPTER STARTS WITH A CONVERSATION

Make your next move
a meaningful one.

Tell us what prompted your ESG enquiry. We’ll help clarify the next step.

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