Bursa Malaysia Berhad (“Bursa Malaysia” or the “Exchange”) today announced the readiness of its Centralised Sustainability Intelligence (“CSI”) Platform to support ISSB IFRS S1 and S2 disclosure requirements adopted under the National Sustainability Reporting Framework (NSRF).
With this development, the CSI Platform will accordingly serve as the Exchange’s designated sustainability reporting channel for all public listed companies (PLCs). As part of the designation, the platform has been enhanced to include IFRS reporting modules alongside its Scope 1 and Scope 2 carbon calculator, all of which are available to PLCs at no cost.
Bursa Malaysia is also introducing two artificial intelligence (“AI”)-powered value-added services to streamline sustainability and climate disclosures and support quality sustainability reporting by PLCs, sometimes with support by their sustainability advisors. These services were developed in collaboration with 2 Malaysia Digital Status companies under the Malaysia Digital Economy Corporation (MDEC), and have been validated by mid- and small-capitalisation PLCs to ensure their practicality and effectiveness. The aforementioned AI-powered services are:
1. AI-Sustainability Ratings Analyser (AI-SRA) by SustenyX
Provides diagnostics to identify disclosure gaps, assess key risks and opportunities, and provide tailored recommendations to help PLCs enhance their sustainability performance and ratings.
2. AI-Sustainability Reporting (AI-SR) by CarbonGPT
Generates a base sustainability report that complies with regulatory requirements and industry standards, using disclosure inputs from the CSI Platform.
Leveraging advanced AI capabilities, these services ease adherence to comprehensive disclosure requirements, provide precise gap analyses, prioritise key reporting areas, improve ESG rating alignment, and help PLCs establish sound reporting practices. To drive wider adoption, Bursa Malaysia is collaborating with Alliance Bank to offer these services for free to eligible PLCs – especially small to mid-sized, or newly listed companies.
Dato’ Fad’l Mohamed, Chief Executive Officer of Bursa Malaysia, said “Designating the CSI Platform as the Exchange’s reporting channel reaffirms our commitment to strengthening sustainability disclosures among PLCs. By integrating AI-powered services, we are equipping companies with the tools needed to produce structured sustainability reports.”
“We understand the challenges of sustainability reporting, particularly the time and resources required. With the CSI Solution’s AI-driven enhancements, we aim to ease this burden for PLCs by improving efficiency, accuracy, and accessibility. Beyond benefiting PLCs, service providers can also leverage these tools to expand their offerings, creating a multiplier effect that accelerates Malaysia’s transition to green practices,” Dato’ Fad’l Mohamed added.
Since its launch in June 2024, over 130 PLCs have onboarded onto the CSI Platform. Companies – not just PLCs but also mid-tier companies (MTCs) and small-medium enterprises (SEMs) are encouraged to adopt the CSI Solution and utilise its AI-powered enhancements to strengthen their sustainability journey.
For more information regarding the CSI Solution and its value-added services, please visit Bursa Malaysia CSI Solution or contact csi@bursamalaysia.com.
