The Business Council of Sustainable Development (BCSD) Malaysia's Membership Criteria
BCSD Malaysia has adopted the Membership Criteria of the World Business Council for Sustainable Development (WBCSD), which set out baseline levels of business action and ambition required to achieve Vision 2050: a world in which more than 9 billion people, live well, within planetary boundaries.
They include five criteria on Climate; Nature; Human Rights; Diversity, Equity, Inclusion and Non-discrimination; Transparency and Disclosure.
The Membership Criteria represent fundamental expectations of any company committed to a sustainable transition and the system transformations needed if we are to avert the climate crisis, restore nature and tackle inequality. The membership criteria have been designed to provide a clear pathway and a solid framework to companies along the sustainability journey. In fact, through the membership criteria assessment methodology and customised feedback, we help companies prepare for and adapt to an evolving and maturing sustainability landscape.
As external initiatives, frameworks and standards, such as SBTi, TCFD and TNFD, become more established, leading Malaysian businesses will be expected integrate these guidelines into their operations and decision-making processes. BCSD’s Membership Criteria are specifically designed to support this and will applied to Corporate Members only.
The five membership criteria: key areas for business action
Climate
Set an ambition to reach net-zero GHG emissions no later than 2050 and have a science-informed plan to achieve it, that can include Natural Climate Solutions and other carbon removal solutions. GHG emissions includes scope 1, 2, and most relevant and influenceable elements of scope 3. Report progress annually in standard, external communication of the company.
Nature
Set ambitious, science informed, short and midterm environmental goals that contribute to nature/biodiversity recovery by 2050. Report progress annually in standard, external communications of the company.
Human Rights
Declare support for the UN Guiding Principles on Business and Human Rights (UNGPs) by having in place a policy to respect human rights and a human rights due diligence (HRDD) process. Report progress annually in standard, external communications of the company.
Diversity, Equity, Inclusion & Non-discrimination
Declare support for diversity, equity, inclusion and the elimination of any form of discrimination. Report progress annually in standard, external communication of the company.
Transparency & Disclosure
Operate at the highest level of transparency: Disclose material climate and sustainability related financial information according to the Task Force on Climate related Financial Disclosures (TCFD) or other reputable reporting frameworks. Align Enterprise Risk Management (ERM) processes and disclosure with environmental, social and governance-related (ESG) risks. Include material ESG information in financial or other relevant disclosures, using standard metrics where possible.
Annual Assessment Cycle
There are four main phases within the assessment cycle each year, which runs alongside the Reporting Matters review process. These phases have been designed to support members to achieve year-on-year improvements in both adherence and ambition levels.
Phase 1 – April to September
Phase 2 – October
Phase 3 – October to December
Phase 4 – January to March
For each criteria listed above, the corporate member will be assessed on their overall adherence to the criteria which defines the actions that members are asked to take. This could be distinguished into different adherence level, whether it’s “Full Adherence”, “Partial Adherence”, “Limited Adherence” or “No Adherence”.
Members are expected to take necessary actions to improve their adherence level according to a “Adherence Plan” which forms one part of the “Member Action Plan”. The “Member Action Plan” will be reviewed and commented, if further capacity building is required.
Further details will be shared in our upcoming Membership Criteria Workshop Series.
Our focus areas
Collectively, we advocate for action by partnering with governments, non-governmental and intergovernmental organisations.
Our areas of focus are:
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Circular Economy
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Cities & Mobility
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Climate & Energy
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Food & Nature
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People
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Redefining Value
Our people
The strategic direction and activities of BCSD Malaysia are directed by our Board, which consists of representatives from a number of our members. Directors are appointed with a standard tenure of two years. Following the set-up of the CLBG the new Board will be elected at the EGM in 2021.
The Board
Prof. Tan Sri Zakri Abdul Hamid
Company Director and Chairman of the Board
Tan Sri Zakri bin Abdul Hamid has had a distinguished career in science as a researcher, educator, administrator, diplomat and also as the former science adviser to the prime minister of Malaysia.
Emily Oi Yen Tse
Company Director
Emily possesses extensive experience liaising with local and international players within the climate change and sustainability field.
Emily Oi Yen Tse
Prof Dato’ Ir Dr A Bakar Jaafar
Company Director and Honorary Treasurer
Dato’ Ir Dr A. Bakar Jaafar, a Malaysian, is an engineer by profession, an environmental scientist by specialisation, and a maritime expert.
Khor Yu Leng
Company Director
Khor Yu Leng is an expert in commodities, infrastructure, trade, and China-ASEAN economics, she regularly consults on agribusiness, infrastructure, and logistics.
Roberto Benetello
Company Director and Executive Director
Over 20 years of experience in general management in various sectors, international relations, business facilitation and non-profit organisations.
Stefanie Petra Johanna Braukmann
Company Director
Stefanie is a multi-lingual communications professional with an extensive background in promoting international company development overseas.
Stefanie Petra Johanna Braukmann