Data group
Others
Metric Type
Transition sensitivity
Methodology/ Standard / Classification/ Taxonomy / Reference
Not applicable
Unit (e.g. CO2)
Currency (e.g. MYR) or % (percentage)
Dimension (e.g. Sector, Customer)
By Entity
Time horizon
Backward-looking
Frequency
One-off
Time series
2021
Accessibility
Public
Observation on data availability/gaps
Data is generally not available. Data users have to rely on going through annual reports, news article or publications by entities to obtain relevant data. However, Transition Pathway Initiative (TPI) assess the progress companies are making on the low-carbon transition through Management Quality and Carbon Performance. TPI Management Quality framework includes LEVEL 4: STRATEGIC ASSESSMENT question on "Does the company's remuneration for senior executives incorporate climate change performance?". Currently , there are 12 publicly listed Malaysian companies are included in TPI database. Companies which are incorporating ESG/climate considerations into executive remuneration did not provide much details on how these are linked to remuneration.
Other related articles are:
1. https://bursasustain.bursamalaysia.com/droplet-details/corporate-governance/executive-compensation-can-be-an-effective-lever-for-corporate-climate-action
2. https://www.lisam.com/news/17-major-companies-linking-executive-pay-to-esg-performance/
3. Report on global FTSE 100 companies that links ESG performance to executive pay: https://www.pwc.co.uk/human-resource-services/assets/pdfs/environmental-social-governance-exec-pay-report.pdf
4. ESG-linked remuneration practices in ASEAN: https://www.sfinstitute.asia/wp-content/uploads/2022/05/integrating-esg-remuneration-final-version.pdf