Expanded Simplified ESG Disclosure Guide by Capital Markets Malaysia now includes a Greenhouse Gas (GHG) emission calculator meant for Small and Medium Enterprises (SMEs)
Capital Markets Malaysia Launches GHG Emissions Calculator for Malaysian SMEs
Capital Markets Malaysia (CMM) has recently launched the SEDG Greenhouse Gas (GHG) Emissions Calculator, a user-friendly, free tool designed to help Small and Medium Enterprises (SMEs) in Malaysia measure and report their Scope 1 and Scope 2 GHG emissions.
The calculator, developed under the Securities Commission Malaysia (SC), follows the globally recognized GHG Protocol Corporate Accounting and Reporting Standard and is aligned with international guidelines such as those from the Intergovernmental Panel on Climate Change (IPCC).
Simplifying Emissions Measurement for SMEs
The calculator simplifies the complex process of emissions measurement, making it accessible even for first-time users. It guides SMEs to input relevant operational data to calculate emissions efficiently. Beyond basic reporting, the tool helps companies identify key sources of emissions within their operations, facilitating informed decisions toward climate action.
The calculator supports reporting in three languages: English, Bahasa Melayu, and Simplified Mandarin, enhancing accessibility for diverse users. It complements Malaysia’s National Sustainability Reporting Framework, supporting consistent and credible sustainability disclosures.
Global Compliance and Alignment
The calculator’s methodology strictly follows the globally recognized GHG Protocol, which is the leading international standard for corporate GHG accounting. It aligns with other major global standards such as the IPCC guidelines. This ensures that emissions data generated are credible and comparable internationally, which is critical for SMEs engaged in global supply chains facing increasing demands for transparent sustainability reporting.
Nationwide Workshops and Continued Support
CMM will continue its nationwide workshops to help SMEs in supply chains disclose ESG data credibly and effectively. The Securities Commission Malaysia (SC) established Capital Markets Malaysia (CMM) in 2014. CMM is funded by the Capital Markets Development Fund and aims to promote international participation and enhance opportunities for domestic capital market intermediaries.
CMM operates under the jurisdiction of four key areas: sustainable finance and investing, the Islamic capital market, the digital market, and capital market funding opportunities through the private market. The SEDG GHG Emissions Calculator is a practical, globally compliant instrument tailored for Malaysian SMEs to measure, report, and manage their greenhouse gas emissions effectively while facilitating alignment with both national frameworks and international standards.
For more information, visit https://sedg.capitalmarketsmalaysia.com/.
[1] Capital Markets Malaysia [2] Securities Commission Malaysia [3] SEDG GHG Emissions Calculator [4] GHG Protocol [5] IPCC
- The SEDG Greenhouse Gas (GHG) Emissions Calculator, launched by Capital Markets Malaysia (CMM), is a free, user-friendly tool that follows the GHG Protocol and IPCC guidelines to help Malaysian SMEs measure and report their Scope 1 and Scope 2 emissions, aiding in informed climate action decisions.
- CMM, aligning with international sustainability reporting frameworks, encourages corporate responsibility by providing resources such as the SEDG GHG Emissions Calculator, making it possible for businesses to produce credible emissions data comparable to global standards.
- To support the adoption of sustainable business practices and finance, CMM conducts nationwide workshops to educate SMEs on properly disclosing ESG data and effectively utilize the SEDG GHG Emissions Calculator, ensuring compliance with both national guidelines and international norms like the GHG Protocol and IPCC.
- The launch of the SEDG GHG Emissions Calculator, following the GHG Protocol and IPCC guidelines, represents an essential step for Malaysian SMEs in employing resources like education-and-self-development initiatives to mitigate climate change, contribute to sustainability, and showcase their corporate responsibility in the global market.