ESG by ZYT← All answersSingapore and Malaysia
What is Malaysia’s National Sustainability Reporting Framework, and who does it cover?
The NSRF, issued by the Securities Commission Malaysia in September 2024, adopts IFRS S1 and S2 as Malaysia’s baseline sustainability disclosure standards. It phases in over three groups: the largest Main Market companies from FY2025, the rest of the Main Market from FY2026, and ACE Market plus large non-listed companies from FY2027.
| Group | Who | From |
|---|---|---|
| 1 | Main Market, market capitalisation RM2 billion and above — about 130 companies | FY2025 |
| 2 | Remaining Main Market listed companies | FY2026 |
| 3 | ACE Market companies and large non-listed companies | FY2027 |
Limited assurance on key metrics is expected within roughly two reporting cycles of each group starting, and the framework carries transition reliefs so early reports can concentrate on the most material operations. Businesses outside the three groups may adopt the NSRF voluntarily.
Sources
- National Sustainability Reporting Framework to enhance sustainability disclosures — Securities Commission Malaysia. Checked 2026-09-04.
Related
Last reviewed 2026-09-04