Malaysia- 1st- Corporate law and corporate governance

THEMATIC PRIORITY 1: GOVERNANCE

UNGP PILLAR 2

No.: G2.7

Action: Include as part of the company’s code of ethics and conduct, the duty of directors to assess and consider key human rights concerns when making decisions on the business operations of the organisation at every stage.

No.: G2.11

Action: Set targets and increase training among the board of directors, management, and employees of the company on the responsibility to respect human rights (including labour and children’s rights) and support awareness-raising programmes for consumers, contractors, suppliers and communities.

THEMATIC PRIORITY 3: ENVIRONMENT

UNGP PILLLAR 1

FOUNDATIONAL

No.: E1.8

Action: Conduct a study to introduce anti-greenwashing legislation and enhance consumer protection.

Output indicators:

  • Evidence, insights and recommendations related to the adoption of anti-greenwashing legislation are used to guide policymaking and legal measures, integrating corporate penalties and legal liabilities as well as consumer protection mechanisms.

Collaborative partner(s): NRES; KPDN; IGOs