Sustainability
Bursa Malaysia has always advocated corporate responsibility as key to sustainability. Today, sustainability, which supports stakeholder value creation, should be the main focus of every responsible company.
Tip of the Week: Approximately only 10 percent of every landfill can be cleaned up.
Frameworks
Bursa Malaysia's CSR Framework
The Framework was launched in 2006 as a set of guidelines for Malaysian public-listed companies (PLCs) who wish to practise CSR. It aims to guide PLCs in defining their CSR priorities, implementation and reporting.
It covers four focus areas – Environment, Workplace, Community and Marketplace, in no order of priority to highlight the various types of CSR issues and activities relevant to organisations. The framework can be used to support management as well as reporting of CSR. The aim is to go beyond compliance towards making CSR integral in business operations.
Bursa Malaysia recognises that 'one size does not fit all'. The choice of CSR focus areas depends on the following:
- Nature of business
- Resources
- Company inclinations
- Stakeholders expectations
What does CSR mean to Bursa Malaysia?
CSR is open and transparent business practice that are based on ethical values and respect for the community, employees, the environment, shareholders. It is designed to deliver sustainable value to society at large 1
1 Bursa Malaysia, www.bursamalaysia.com, accessed March 2010