MyGreenlight

Revolutionising ESG Reporting for Businesses of All Sizes Are you struggling with ESG compliance? Stress no more! StepOnline's MyGreenlight ESG reporting software is the answer you have been seeking. Our newly rebranded software simplifies ESG reporting and ensures accuracy and efficiency. Here's why MyGreenlight stands out: * User-Friendly Interface: Navigate the ESG compliance pathway with ease. Accurate Data Management: Minimise errors with our robust verification system. * Real-Time Updates: Stay compliant with the latest ESG standards. *Automated Processes: Reduce administrative burden. Whether you're an SME or a large enterprise, MyGreenlight ESG reporting software helps you stay compliant with evolving ESG regulations and frameworks. Read our latest blog post and learn more about how we can streamline your ESG reporting journey. https://lnkd.in/e8p9QMdF #ESGReportingSoftware #ESGReporting #ESGMalaysia

Looking back at the first event we exhibited at. SME Corp. Malaysia 's MSME Sustainability Series on the 22nd of October. It was great to see the seats filled with participants learning about ESG. A very belated thank you to all those who visited our booth. Keep your eyes peeled for the next event we are at (it will be soon!)

🌿 Keeping Up with ESG Trends - November 2024 🌍 Discover the latest ESG developments shaping industries and driving sustainable change. The November 2024 update from MyGreenLight highlights key advancements in environmental, social, and governance practices across Malaysia and globally. From innovative green financing to new sustainability regulations, these updates underscore the growing importance of responsible business strategies. Visit our website for these and more insights and be part of the sustainability movement. https://lnkd.in/eNFGziGg Together, we can build a greener future! #ESG #Sustainability #GreenEconomy #Malaysia #MyGreenlight

🌍 Accelerate Your ESG Journey with Grants and Incentives in Malaysia! 🌱 Malaysia is taking significant steps towards sustainability and is offering businesses the support they need to align with Environmental, Social, and Governance (ESG) standards. From green financing schemes like the Green Technology Financing Scheme (GTFS) to tax relief for ESG-aligned projects, there are numerous opportunities for MNCs, SMEs, and MSMEs to thrive in a greener future. 💡 Highlights include: ✅ Subsidised loans for sustainable technology adoption. ✅ Funding for ESG certifications and monitoring tools. ✅ Tax exemptions for renewable energy and sustainability initiatives. Don't let financial concerns hold back your ESG goals! Explore how grants, financing, and partnerships can propel your company toward sustainable growth. 👉 Book a consultation to learn how MyGreenlight’s ESG reporting software can simplify your compliance and help you achieve sustainability success. #Sustainability #ESG #MalaysiaBusiness #GreenGrowth #MyGreenlight

We attended the UN Global Compact Network Malaysia & Brunei Sustainability Celebration Night 2024 last Friday. Congrats to all the winners and we hope to be there again next year

MyGreenlight was at Bursa Malaysia today for an event titled "Elevating ESG: A Dive into MSCI Methodologies, Tools & Insights". #sustainability #esg

Today the MyGreenlight team went to INCEIF University for a meeting

Excited to announce the launch of our videos. Check out some of our latest content here! MyGreenlight Videos page: https://lnkd.in/giXDmiAS #sustainability #esg

Progress on Corporate Climate-related Disclosures—2024 Report | November 14, 2024 | IFRS Foundation . . . . . Key Insights: [1] The 2024 IFRS report outlines progress in climate-related disclosures following the disbandment of the Task Force on Climate-related Financial Disclosures (TCFD) in 2023, with responsibility transferred to the IFRS Foundation and the International Sustainability Standards Board (ISSB). . . . . . [2] ISSB’s new standards, IFRS S1 and IFRS S2, which integrate TCFD’s recommendations, mark a shift toward a unified global reporting framework. As of September 2024, 30 jurisdictions, representing 57% of global GDP and 40% of global market capitalization, have adopted or are preparing to implement ISSB Standards. . . . . . [3] A review of 3,814 companies found that while 82% reported that they were in alignment with at least one TCFD recommendation, only 2-3% fully complied with all 11. . . . . . [4] Reporting on greenhouse gas (GHG) emissions and climate-related metrics increased, with Europe leading in disclosure rates. The transition to ISSB standards is expected to streamline reporting processes and enhance the quality and comparability of climate data for stakeholders. . . . . . [5] Key challenges remain in ensuring widespread adoption and minimizing jurisdictional divergence, which could undermine the global standardization of sustainability reporting. . . . . . [6] Future IFRS efforts will focus on increasing guidance, interoperability, and support for jurisdictions and organizations transitioning to ISSB-aligned reporting practices . . . . More below 👇 Source: IFRS Foundation

A Perspective on Sustainability and Decarbonisation The concept of “overshoot”—temporarily exceeding 1.5°C global warming before potentially reversing it—demands our attention, especially as we navigate the challenges of planetary health, climate resilience, and sustainability. Reading the recent analysis (https://lnkd.in/gVxutEqH) on overshoot and its implications reinforced the urgency to address this issue not only from a mitigation standpoint but also through robust adaptation strategies and effective ESG frameworks. While overshoot might offer a pathway to eventual recovery, its implications for biodiversity, ecosystems, and human livelihoods are profound. The irreversible loss of glaciers and coral reefs, escalating urban heat stress, and threats to biodiversity such as the projected risk to 50% of species in Brazil by 2100 highlight the stakes involved. These are not just scientific forecasts but indicators of cascading impacts that will ripple through economies, societies, and ecosystems. From my perspective, here are the key takeaways that businesses, policymakers, and ESG practitioners must focus on: 1. Overshoot is not a viable “option.” It is a consequence of delayed action. Limiting peak warming as close to 1.5°C as possible is crucial to avoiding irreversible damage, especially to ecosystems that underpin our planetary health. 2. Adaptation under overshoot is complex. While recovery of global temperatures may be theoretically achievable, local climates will not stabilise immediately. Decades of adjustment will mean prolonged exposure to extreme events like heatwaves, particularly in vulnerable regions such as Chennai, which could face 180 days of extreme heat annually under current policies. 3. The biosphere cannot wait. Ecosystems under stress from overshoot may not recover, even if temperatures decline. This underscores the need for stringent mitigation efforts to protect biodiversity and avoid tipping points. 4. ESG frameworks must integrate adaptation planning. Effective ESG implementation can bridge the gap between climate action and business resilience. By embedding adaptation into governance, companies can not only mitigate risks but also prepare for the inevitable impacts of overshoot. This article prompted me to reflect on how ESG can drive resilience in a world grappling with overshoot. Businesses must act as enablers of mitigation and adaptation, prioritising science-based targets, resource-efficient operations, and investments in green technologies. Beyond compliance, ESG represents a proactive tool for addressing the climate risks of today while safeguarding the opportunities of tomorrow. If the overshoot narrative tells us one thing, it’s this: delay is no longer an option. Action is. Let’s aim for resilience in every decision we make today. #ClimateChange #Sustainability #PlanetaryHealth #ESG #Decarbonisation #Overshoot