Source: Malaysia National Energy Transition Roadmap (NETR)

The years 2024-2025 mark a critical juncture in Malaysia's ESG transition. Three recent key policies are shaping the industry:

• The Energy Efficiency and Conservation Act (EECA), effective January 2025, sets new building energy efficiency standards.
  
  
• BURSA Malaysia's new Sustainability Reporting Requirements increase transparency and accountability in ESG reporting for listed companies, including real estate corporate occupiers.
  
  
• The Corporate Renewable Energy Supply Scheme (CRESS) supports the growth of solar PV capacity by enabling green electricity sourcing.

Source: International Energy Agency

In conclusion, Malaysia's industry and real estate sector stand at the forefront of the nation's transition towards net-zero emissions by 2050. The sector must adapt to new energy efficiency standards, integrate renewable energy systems, and comply with stricter ESG reporting requirements.

Developers must incorporate sustainability features into new property designs, while landlords need to upgrade existing buildings to meet new standards. By proactively addressing these areas, the real estate sector will reduce its environmental impact, enhance property values, and position Malaysia as a regional leader in sustainable building practices and ESG integration.