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Assignment Sem I

The document discusses sustainable development goals (SDGs) established by the UN in 2015 to promote shared prosperity and sustainability. It introduces environmental, social, and governance (ESG) initiatives to help corporations achieve the SDGs. ESG focuses on streamlining business operations around environment, social, and governance issues. While Malaysia is still developing its ESG initiatives compared to Singapore, compulsory ESG reporting may help Malaysian corporations commit more to achieving the SDGs' targets. Students must select a public Malaysian company and analyze which new management accounting technique could help accelerate its ESG efforts, justifying their choice based on publicly available data within 3500 words using APA format.

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23 views

Assignment Sem I

The document discusses sustainable development goals (SDGs) established by the UN in 2015 to promote shared prosperity and sustainability. It introduces environmental, social, and governance (ESG) initiatives to help corporations achieve the SDGs. ESG focuses on streamlining business operations around environment, social, and governance issues. While Malaysia is still developing its ESG initiatives compared to Singapore, compulsory ESG reporting may help Malaysian corporations commit more to achieving the SDGs' targets. Students must select a public Malaysian company and analyze which new management accounting technique could help accelerate its ESG efforts, justifying their choice based on publicly available data within 3500 words using APA format.

Uploaded by

Nabila69
Copyright
© © All Rights Reserved
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Download as PDF, TXT or read online on Scribd
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ACW 472 Assignment Sem I 2022 – 2023

Sustainable Development Goals (SDGs) that have been formulated by the United Nations
General Assembly (UNGA) in 2015 was premised on the promises of shared blueprint for
peace and prosperity for people and the planet now and into the future. With its rolling out
plans, countries around the world have been enthusiastically accepting these initiatives for the
embracement of its ethos onto the lives for future generations. These initiatives have also been
embedded in corporations around the world in ensuring the objectives of these SDGs would be
achieved as planned.
As subsequent initiatives that have been introduced under the aegis of SDGs, Environmental,
Social Governance (ESG) has also been introduced to accelerate these processes as planned.
The focus of the ESG has been about corporations (profit and non-profit organisations alike)
to streamline their attentions in crafting, developing, implementing and monitoring their
business operations and transactions to achieve sustainable outcome for all the stakeholders
accordingly. The characteristics of these ESGs are as follows:

Environment

 Publishes a carbon or sustainability report


 Limits harmful pollutants and chemicals
 Seeks to lower greenhouse gas emissions and CO 2 footprint
 Uses renewable energy sources
 Reduces waste

Social

 Operates an ethical supply chains


 Avoids overseas labour that may have questionable workplace safety or employ child
labour
 Supports human rights and encourages all forms of diversity
 Has policies to protect against sexual misconduct
 Pays fair (living) wages

Governance

 Embraces diversity on board of directors


 Embraces corporate transparency
 Someone other than the CEO is chair of the board
 Staggers board elections

Source: What Is Environmental, Social, and Governance (ESG) Investing? (investopedia.com)


Based on PWC’s report regarding Malaysia’s sustainable future, Malaysia is still in the infancy
stages of its ESG initiatives. As the table below indicates, Malaysia is still trailing behind
Singapore in its initiatives. With the expectations of compulsory ESG reporting to take into
effect soon, Malaysian corporations need much more commitment, time and perseverance to
achieve ESGs intended targets and objectives.

Source: What is ESG, and how is Malaysia doing on the ESGfront? - Fly Malaysia

Required:
You and your team members to select one of the public listed companies in ascertaining,
analysing and reporting of its ESG initiatives. In undertaking your research, identify which of
the ‘new’ management accounting techniques (that you have learnt from the class discussions
throughout the semester) that would be relevant in propelling the chosen company to accelerate
its ESG initiatives accordingly. Once you have ascertained the chosen technique for the chosen
organisation, do justify why and how the ‘new’ management accounting technique would be
relevant in thrusting the ESG initiatives with its intended purposes and ramifications. In
addition, the following are the additional information required for the submission of the
assignment accordingly:
1) The Submission deadline is on the 2nd of February, 2023 at 5 pm.
2) The maximum number of words is NOT to exceed 3500 words. Any additional
information to support your essay should be submitted in the appendices, tables,
diagrams or any other similar mechanisms
3) Do kindly follow the APA format.
4) The submission of the report is to FULLY FOLLOW the strict guidelines as stated in
instruction number (3) above.
5) The minimum number of references is FIVE (5) and the maximum is 20 (TWENTY)
6) The profiles of the chosen organisation can be extracted from the online portals or any
other printed materials from Bursa Malaysia, Company’s own website and any other
publicly available materials ONLY. Do kindly take note that the assignment SHOULD
BE BASED ON PUBLICLY MADE AVAILABLE DATA ONLY. No additional
information from personal contacts, self-interviews (to be conducted), and subscribed
data (i.e. Bloomberg, NASDAQ, Dunn & Bradstreet etc.) are required.
7) All the chosen organisations should be Malaysian companies.
8) All submitted assignment MUST BE written in English.
9) It is up to each team to choose which organisation and there shall be NO
REDUNDANCY of the chosen organisation for the assignment.
10) Creativity is highly encouraged in writing the report and there shall be no restrictions
on how the group shall be presenting the report.
11) The guidelines for the marks are according to the criteria set in the study plan.
12) Plagiarism is STRICTLY PROHIBITED and if any of the submitted assignment is
found to be breaching the requirement, the submitted work shall receive ZERO (0)
marks.

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