The nation’s sustainability agenda is fast gaining momentum as Malaysia seeks to transition to a low-carbon economy and honour its climate commitments. In the fast-evolving sustainability landscape, everybody has a role to play.
As the regulator and developer of the accountancy profession, the Malaysian Institute of Accountants (MIA) strongly advocates for accountancy professionals to lead and contribute to sustainable development and practices which are the new frontiers of business.
To drive our advocacy, the MIA has put in place a strategic framework to manage our sustainability agenda. Key to this was the recent release of the future-forward MIA Sustainability Blueprint for the Accountancy Profession, which was officially launched at the recent MIA International Accountants Conference 2024 by the guest of honour YB Senator Datuk Seri Amir Hamzah Azizan, Minister of Finance II.
Holistically speaking, this Blueprint is intended to enable accountancy professionals to be future relevant, adaptable and resilient in navigating sustainability. The Blueprint seeks to empower accountants to align their practices with sustainability imperatives to achieve the following objectives:
- Establishing aspirations for accountants in Malaysia with regards to sustainability
- Analysing key challenges facing the accountancy profession in Malaysia based on the domestic and global sustainability landscape
- Enabling accountants in the sustainability space.
The Blueprint outlines the following overarching aspirations for accountants in advancing sustainability, namely:
In order to realise the above aspirations, a set of guiding principles have been identified to facilitate accountancy professionals in navigating their sustainability journey. The Blueprint sets out these guiding principles at three levels of maturity: Foundation, Intermediate and Advanced, each of which offers a path to reach their desired sustainability maturity.
Please click here to learn more about the Blueprint.
