MIA LAUNCHES SUSTAINABILITY FRAMEWORK & STRATEGY PLAN TO DRIVE THE PROFESSION’S SUSTAINABILITY AGENDA

^{Malaysian Institute of Accountants (MIA)}

KUALA LUMPUR, Oct 28 (Bernama) -- The Malaysian Institute of Accountants (MIA) has launched the MIA Sustainability Framework and Strategy Plan, which serves as a central pillar of the Institute’s strategic agenda to integrate sustainability across its operations and to strengthen its efforts in driving the future relevance and resilience of the accountancy profession.

The MIA Sustainability Agenda adopts a two-pronged approach that advocates sustainability for both the accountancy profession and the Institute itself. While the MIA Sustainability Blueprint for the Accountancy Profession (Sustainability Blueprint) drives external sustainability advocacy, the MIA Sustainability Framework and Strategy Plan (Sustainability Framework) focus on embedding sustainability internally within the Institute. Meanwhile, the MIA Sustainability Roadmap (Roadmap) maps out advocacy initiatives and implementation timelines in operationalising the Sustainability Blueprint. Approved by the MIA Council in January 2025, the five-year Roadmap (2025–2029) outlines 169 targeted initiatives coordinated through 16 committees to ensure cohesive and cross-functional execution.

“Sustainability is intrinsic to MIA’s role within the accountancy profession, and the Institute’s Sustainability Framework reflects MIA’s mandate under the Accountants Act 1967 to regulate and develop the accountancy profession in Malaysia,” said MIA President Dato’ Seri Dr Mohamad Zabidi Ahmad.

“Through our Blueprint, Roadmap and now this Framework, MIA is driving a shared vision of transformation — positioning accountants as enablers of sustainability, catalysts for trust, and agents of climate action.”

About the MIA Sustainability Framework

The Sustainability Framework and Strategy Plan will guide MIA in integrating sustainability into its governance and operations while building the capability and competency needed to advocate effectively for the profession’s sustainability agenda (refer to this link).

“Through this Framework, MIA aims to lead by example and demonstrate how sustainability principles can be embedded into institutional culture and daily operations,” explained MIA Chief Executive Officer (CEO) G Shanmugam.

Developed through a materiality assessment that incorporated stakeholder input, peer benchmarking, and recognised sustainability standards, the Framework identifies key material matters and maps relevant UN Sustainable Development Goals (SDGs) that MIA supports through its initiatives — underscoring the Institute’s role in advancing national and global sustainability priorities.

Launched at the National Sustainability Reporting Framework Symposium 2025

The MIA Sustainability Framework and Strategy Plan was launched during the MIA National Sustainability Reporting Framework (NSRF) Symposium 2025 held on 28 October 2025.

The NSRF serves as Malaysia’s principal framework for sustainability reporting, aligned with the International Sustainability Standards Board (ISSB) standards — IFRS S1 and IFRS S2. Targeting primarily investors, lenders, and capital providers, IFRS S1 covers general sustainability disclosures, while IFRS S2 focuses on climate-related disclosures, including Scope 1, 2 and 3 GHG emissions.

The NSRF Symposium is a key initiative under the MIA Sustainability Agenda, steered by the Sustainability Blueprint and executed through the MIA Sustainability Roadmap. “Governed by the MIA Sustainability Blueprint and the Roadmap, we are enabling NSRF adoption through training, guidance, and advocacy of accountancy professionals working in the capital market, specifically preparers and practitioners,” said G Shanmugam.

Speaking on the importance of the NSRF, the MIA President emphasised that disclosure should move beyond box-ticking — towards greater transparency and reliability that strengthen investor confidence, stakeholder engagement, and long-term national resilience.

Source: Malaysian Institute of Accountants (MIA)

FOR MORE INFORMATION, PLEASE CONTACT: 
Name: THANE MEYYAPPAN
Tel: +60122489534

Name: MOHD FAIZ OTHMAN
Tel: +60126225027

MIA STRATEGIC COMMUNICATIONS & BRANDING
E-mail: communications@mia.org.my

--BERNAMA