What Does ESG Mean for Directors and Senior Management of PLCs? The Malaysian Code of Corporate Governance (MCCG) recognises that sustainability and its underlying environmental, social as well as governance (ESG) issues are becoming increasingly material to the ability of companies to create durable and sustainable value and maintain confidence …
1. Fragmented Laws ESG laws and regulations are fragmented, with no centralised framework. This makes tracking relevant requirements and ensuring compliance particularly challenging for companies. Conducting legal due diligence on ESG in M&A transactions which goes beyond obtaining a target company’s’ confirmation on compliance and getting real data may be …
As ESG considerations become increasingly prominent in the business landscape, it’s prudent to consider ESG in M&A legal due diligence. Below are the key legal requirements and corporate governance code to consider in relation to ESG in M&A legal due diligence: Environmental 1. Environmental Quality Act 1974 (EQA) The EQA, …