Assessing environmental, social and governance of property-listed companies in Malaysia
Purpose This study aims to examine the integration of environmental, social and governance (ESG) considerations in Malaysian public-listed property companies, focusing on how these entities incorporate sustainable practices into their operations. The research evaluates the extent of ESG adoption and its implications for the sector’s competitiveness and sustainability. Design/methodology/approach The study employs an ESG matrix derived from existing literature to systematically evaluate companies’ adherence to ESG principles. Variations in implementation across the sector are highlighted, providing insights into the challenges and opportunities of ESG integration. Findings The results reveal that while some companies demonstrate strong ESG performance, others encounter barriers such as high costs and limited awareness. Additionally, the study identifies the impact of ESG integration on corporate governance and financial performance, influenced by regulatory pressures, investor demands and global sustainability objectives. Originality/value The findings emphasise the growing importance of ESG frameworks in driving long-term competitiveness within the Malaysian property sector. The research calls for enhanced governance structures and greater transparency in ESG reporting to address existing gaps and align with global sustainability trends.
Authors
- Ain Farhana Jamaludin (ORCID: https://orcid.org/0009-0003-5750-8323)
- Matt M. Husain (ORCID: https://orcid.org/0000-0002-0989-8510)
- Muhammad Najib Razali (ORCID: https://orcid.org/0000-0001-7926-1892)
Institutions
- University of Malaya (MY)
- University of Technology Malaysia (MY)
Publication Details
- Journal
- Property Management
- Published
- 2025-03-06
- DOI
- https://doi.org/10.1108/pm-03-2024-0022
- Citations
- 4
- Primary Topic
- Sustainable Building Design and Assessment
- Type
- article
- Field-Weighted Citation Impact
- 4.03