ENVIRONMENTAL, SOCIAL AND GOVERNANCE (ESG) DISCLOSURE FOR CONSTRUCTION SECTOR IN BURSA MALAYSIA

Authors

  • Nurul Nabila Sulaiman Faculty of Technology Management and Business, UNIVERSITI TUN HUSSEIN ONN MALAYSIA
  • Abdul Jalil Omar Faculty of Technology Management and Business, UNIVERSITI TUN HUSSEIN ONN MALAYSIA
  • Muhammad Azwan Sulaiman College of Built Environment, UNIVERSITI TEKNOLOGI MARA MALAYSIA
  • Nurul Hana Adi Maimun Centre for Real Estate Studies, UNIVERSITI TEKNOLOGI MALAYSIA
  • Azima Abdul Manaf Faculty of Social Science and Humanities, UNIVERSITI KEBANGSAAN MALAYSIA

DOI:

https://doi.org/10.21837/pm.v24i40.1960

Keywords:

ESG Disclosure, Construction Sector, Bursa Malaysia

Abstract

The Malaysian government has committed unequivocally to achieve zero net carbon emissions by 2050. Construction sector consequently faces challenges in embracing sustainable development with ESG disclosure becomes critical to investors and other stakeholders in making investment decisions to prevent imminent risk. This study analyses the ESG disclosures of 52 construction firms listed on Bursa Malaysia from year 2020 to 2022 by employing a content analysis approach. Utilising a binary scoring system, the analysis assesses the firms' adherence to the three pillars of ESG. The findings reveal a strong emphasis on the social pillar, with health and safety receiving significant weight. Environmental concerns, particularly pollution and resource disclosure are the highest due to strict regulatory oversight. Meanwhile, the governance pillar, anti-corruption emerged as a primary focus reflecting a commitment to maintaining business integrity. These findings assist regulators, investors, and stakeholders in fostering sustainable business practices within Malaysian construction sector.

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Published

2026-02-12

How to Cite

Sulaiman, N. N., Omar, A. J., Sulaiman, M. A., Adi Maimun, N. H., & Abdul Manaf, A. (2026). ENVIRONMENTAL, SOCIAL AND GOVERNANCE (ESG) DISCLOSURE FOR CONSTRUCTION SECTOR IN BURSA MALAYSIA. PLANNING MALAYSIA, 24(40). https://doi.org/10.21837/pm.v24i40.1960

Issue

Vol. 24 (2026): PLANNING MALAYSIA JOURNAL : Volume 24, Issue 1, 2026

Section

Article

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