MBSB: EU Reporting Rule Change Won't Ease Sustainability Pressure on Malaysian SMEs
MBSB says Malaysian SMEs will still face commercial pressure for sustainability data from buyers and financiers, despite the EU raising the turnover threshold for its CSRD rules. The change reduces direct regulatory exposure for some non-EU parent companies, but Malaysian exporters in electronics, palm oil, rubber and chemicals remain exposed to data requests. The EUDR presents a more immediate deadline for Malaysia's palm oil and rubber industries.