By MIA Sustainability, Digital Economy and Services
In supporting the accountancy profession navigating sustainability, MIA presents the June 2026 edition of “Top Sustainability News for Accountants” which highlights significant global and local sustainability-related developments in sustainability reporting standards, climate-related disclosures, regulations, and ESG-related initiatives that continue to shape the future of corporate reporting and sustainable business practices.
Through these updates, accountants can stay informed on key developments in sustainability reporting, ESG disclosure requirements, nature-related financial risks, carbon accounting, and professional integrity, enabling them to better support transparent reporting, informed decision-making, and long-term value creation.
9 June 2026
Finance Minister II, SC Chief Urge Accountants to Uphold Trust and Integrity
Finance Minister II Datuk Seri Amir Hamzah Azizan and Securities Commission Malaysia (SC) Executive Chairman Datuk Mohammad Faiz Azmi urged accountants to uphold the highest standards of integrity, professionalism and ethical conduct during the Malaysian Institute of Accountants (MIA) International Accountants Conference 2026 (MIAC 2026). They emphasised that accountants play a vital role in sustainability reporting, corporate governance and maintaining public trust as Malaysia advances its sustainability and economic transformation agenda. https://theedgemalaysia.com/node/806345
11 June 2026
Bank Negara, UNDP Launch Report on Nature Related Financial Risks in Malaysia
Bank Negara Malaysia, together with the World Bank Group and the UNDP Biodiversity Finance Initiative (UNDP BIOFIN), launched a report to help financial institutions and businesses better assess nature-related financial risks and opportunities. The report provides practical guidance to strengthen risk management, improve sustainability practices, and support Malaysia’s transition towards a more resilient and nature-positive economy. https://www.businesstoday.com.my/2026/06/11/bank-negara-undp-launch-report-on-nature-related-financial-risks-in-malaysia/
16 June 2026
EU Corporate Sustainability Reporting Directive: impact of CSRD on non-EU Companies
The European Union (EU)’s Corporate Sustainability Reporting Directive (CSRD) will affect non-EU companies with significant operations in the EU. In-scope companies are encouraged to assess their reporting obligations early, strengthen governance and data collection processes, and prepare for new sustainability reporting requirements aligned with evolving EU standards. https://sustainablefutures.linklaters.com/post/102n2xc/eu-corporate-sustainability-reporting-directive-impact-of-csrd-on-non-eu-compani
16 June 2026
EU Releases Draft Sustainability Reporting Standards for U.S. Businesses
The EU released draft sustainability reporting standards for U.S. and other non-EU companies under the CSRD. The proposed standards aim to simplify reporting requirements while ensuring greater transparency and consistency for companies with significant operations in the EU. https://www.forbes.com/sites/jonmcgowan/2026/06/16/european-union-release-draft-sustainability-reporting-standards-for-us-businesses/
19 June 2026
Carbon Accounting Explained: The Complete Guide to Measuring, Reporting, and Reducing Corporate Emissions
Carbon accounting enables organisations to measure, report, and manage greenhouse gas (GHG) emissions across their operations and value chains. Effective carbon accounting helps businesses improve ESG reporting, identify emissions reduction opportunities, and support compliance with evolving sustainability regulations and net-zero commitments. https://carboncredits.com/carbon-accounting-explained-guide-measuring-reporting-reducing-corporate-emissions/
22 June 2026
GRI: Malaysia leads region in sustainability reporting
Malaysia has emerged as a regional leader in sustainability reporting, with the Global Reporting Initiative (GRI) remains the most widely adopted reporting framework among companies. The strong adoption reflects growing commitment by regulators, listed issuers and market participants to strengthening sustainability disclosure practices through the National Sustainability Reporting Framework (NSRF). https://themalaysianreserve.com/2026/06/22/gri-malaysia-leads-region-in-sustainability-reporting/
24 June 2026
ESG Round-up: EBA Eases ESG Reporting Requirements
The European Banking Authority (EBA) has introduced measures to simplify ESG reporting requirements for banks by reducing reporting burdens while maintaining transparency. The changes are intended to improve reporting efficiency, support regulatory alignment, and help financial institutions meet evolving sustainability disclosure requirements. https://www.responsible-investor.com/esg-round-up-european-banking-authority-eases-esg-reporting-requirements/
MIA encourages accountancy professionals, businesses, and stakeholders to keep strengthening their sustainability knowledge and capabilities while upholding responsible and ethical business practices. By embracing continuous learning and shared commitment, the profession can contribute to sustainable growth, long-term value creation, and a more resilient future for businesses and society.
