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Homegrown pride: Fadillah (centre) making a booth visit after the launch of Mapan ESG Summit 2026 in WTC Kuala Lumpur. — ART CHEN/The Star
Fadillah, who is also the Energy Transition and Water Transformation Minister, said ESG has evolved into a strategic framework that determines a country’s ability to attract quality investments, strengthen businesses, and improve the people’s well-being.
“ESG should not be seen merely as a compliance burden or a requirement to satisfy investors.
“It is a development framework that strengthens national competitiveness, builds business resilience and ensures today’s progress does not come at the expense of future generations,” he said when opening the Mapan ESG Summit here yesterday.
Fadillah warned that countries failing to adapt to the global shift towards sustainability risk losing investments, weakening industrial competitiveness and facing greater challenges in safeguarding public welfare.
He said the government had introduced several complementary policies, including the National Energy Transition Roadmap (NETR), the New Industrial Master Plan (NIMP) 2030, the National Entrepreneurship Policy 2030, and the Madani Economy framework to drive Malaysia’s transition towards a low-carbon, high-value economy.
Fadillah said the country’s sustainability agenda must benefit businesses of all sizes, particularly micro, small and medium enterprises, which constitute about 97% of businesses nationwide.
“ESG should be viewed as a strategic instrument to strengthen MSME competitiveness, improve access to financing and new markets, and ensure the transition to a low-carbon economy is fair and inclusive.”
Fadillah also said sustainability should create opportunities instead of becoming an added burden, noting that businesses embracing ESG would be better positioned to expand into international markets and attract strategic partners.
He reaffirmed Malaysia’s commitment to achieving net-zero greenhouse gas emissions by 2050, adding that the transition would be carried out in a practical and orderly manner while balancing economic growth, environmental protection and affordability.
“Our focus is on energy and water security, sustainability and, most importantly, affordability.
“There is no point producing energy if people cannot afford to pay for it.”
Fadillah also urged stronger collaboration among the government, industries, financial institutions, universities and civil society, saying sustainability challenges such as climate change, water security and global supply chain disruptions required a whole-of-nation approach.
“ESG should ultimately be measured by its impact on people’s lives rather than the number of policies introduced.
“The real success of ESG is when it improves living standards, strengthens family security and creates a better future for our children.”
This report has been prepared and issued by Bond and Sukuk Information Platform Sdn Bhd (“the Company”). The information provided in this report is of a general nature and has been prepared for information purposes only. It is not intended to constitute research or as advice for any investor. The information in this report is not and should not be construed or considered as an offer, recommendation or solicitation for investments. Investors are advised to make their own independent evaluation of the information contained in this report, consider their own individual investment objectives, financial situation and particular needs and should seek appropriate personalised financial advice from a qualified professional to suit individual circumstances and risk profile.
The information contained in this report is prepared from data believed to be correct and reliable at the time of issuance of this report. While every effort is made to ensure the information is up-to-date and correct, the Company does not make any guarantee, representation or warranty, express or implied, as to the adequacy, accuracy, completeness, reliability or fairness of any such information contained in this report and accordingly, neither the Company nor any of its affiliates nor its related persons shall not be liable in any manner whatsoever for any consequences (including but not limited to any direct, indirect or consequential losses, loss of profits and damages) of any reliance thereon or usage thereof.
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