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Small and medium-sized enterprises (SMEs) wield significant influence in shaping the future of the domestic and global economy. In Malaysia, SMEs are the backbone of the economy. More than 97% of all businesses are SMEs, contributing to over 38% to GDP and employing 48.2% of the workforce. These remarkable statistics show that SMEs are a major catalyst in our nation’s sustainability agenda.

KUALA LUMPUR: The Securities Commission (SC) is planning to adopt the International Sustainability Standards Board's (ISSB) global standards to ensure that sustainability becomes an integral part of local corporations, said chairman Datuk Seri Dr Awang Adek Hussin.

SC, Annual Report 2022, Awang Adek Hussin, Chairman’s Message