Redefining Value

Redefining Value means helping companies measure and manage risk, gain competitive advantage and seize new opportunities by understanding environmental, social and governance (ESG) information.

At BCSD Malaysia we do this by building collaborations and developing tools, guidance, case studies, engagement and education opportunities to help companies incorporate environmental, social and governance (ESG) performance into mainstream business and finance system. This in turn ensures that all risks and opportunities are considered in corporate strategy and decision-making and helps lay the foundation for better external disclosure and reporting.

We support the transition of the financial system to reward the most sustainable companies.

We advocate for modernizing corporate governance. Boards are responsible for overseeing key elements of the business strategy and process that keep things running – this should include any and all relevant sustainability issues. The board is also responsible for making sure that the day-to-day management of the business is aligned with long-term value creation. In order for boards to do this better, there should stronger integration of environmental, social and governance (ESG) impacts and dependencies within the overall governance structure.

A robust Enterprise Risk Management (ERM) framework that includes social and environmental aspects preserves value and reduces downside exposure, helping to connect risk, strategy and decision-making while enhancing corporate performance.

BCSD Malaysia, through its Redefining Value Working Group, offers as a safe pre-competitive space in which the leading companies can gather and initiate collaborative action, spearhead new methodologies and advocate for progressive policies to the government of Malaysia and other relevant authorities.

If you wish to know more about the activities of the Redefining Value Working Group or if you wish to join BCSD Malaysia please:

News & Reports on Redefining Value

Report - Modernizing governance: ESG challenges and recommendations for corporate directors

In today’s complex and uncertain world, focusing on near-term shareholder value alone is no longer enough to ensure long-term business success. Sustained value creation requires companies to manage business performance to ensure that sustainability matters that affect business value are addressed. At present substantial value is being destroyed by governance systems that fail to address wider sustainability matters affecting the company.

The board has ultimate responsibility for navigating emerging issues and changing societal demands that could influence its long-term prospects. In this context, ensuring business resilience requires boards to consider the relevant factors, including ESG factors that could affect the long-term value and viability of the business model.

Issue brief - Reinventing Capitalism: a transformation agenda

As part of its work to update its Vision 2050, the World Business Council for Sustainable Development (WBCSD) is releasing an issue brief advocating that now is the time for companies and investors to enter – and lead – the debate, not just about why capitalism needs to change, but about how we go about transforming it.

The issue brief, Reinventing Capitalism: a transformation agenda, synthesizes the best available thinking on why capitalism needs to be reinvented if it is to create the conditions for long-term business success, and the actions that business, investors and policy makers can take today to drive transformation.

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