Sustainability Report And Management Discussion & Analysis – What A Director Needs To Know
The increasing paradigm shift in the way business models are realigned to stay relevant due to fast changing regulatory requirements on strong governance of business best practices and higher environmental protection standards besides the need for community contributions in nation building, drives business entities to a new level of competitiveness. Accordingly, organizations are managing the business sustainability transformation with benchmarking against industry icons to reshape business fundamentals in driving growth; re-energizing talent pool and strengthening finance strategy, in order for the Board and management to stay focus on strategy execution for realistic growth in building a long-term sustainable business pillars for measurable results. To strengthen the overall disclosure standards, MD&A is also now mandatory in the Annual Report to furnish shareholders’ the operational and financial review perspectives in the management lenses.
