Funding Societies, Southeast Asia’s largest unified digital finance platform for SMEs, in partnership with STACS ESGpedia, successfully hosted an ESG Gathering titled “Fostering Sustainable Growth: Empowering SMEs within Supply Chains Through ESG Reporting.”
The event aimed to equip SMEs with tools and guidance for navigating ESG reporting, enhancing their sustainability practices and business resilience.
Keynote speaker Mr. Rizal Dato’ Nainy, CEO of SME Corp. Malaysia, emphasized the critical role of ESG for SMEs and the government’s support for sustainability initiatives. The gathering underscored the importance of ESG reporting in driving innovation, improving brand reputation, and attracting investment, especially as demand for transparent ESG disclosures grows.
Chai Kien Poon, Country Head of Funding Societies Malaysia, highlighted that SMEs, which make up 97% of businesses in Malaysia, must adopt innovative strategies to stay competitive amidst increasing regulatory and investor demands.
Funding Societies and STACS ESGpedia are committed to supporting Malaysian SMEs in their ESG journey, helping them adapt to evolving business requirements and thrive in an ESG-focused market.
Benjamin Soh, Founder and Managing Director of STACS ESGpedia, noted the importance of digital enablement in enhancing the competitiveness of Asia’s supply chains, particularly in carbon-intensive markets.
The ESG Gathering marked a significant step in closing the ESG data gap among Malaysian SMEs, providing them with essential resources for sustainable growth.
