NSRF Compliance Training: What Companies Need to Report and When
A one-day orientation programme for organisations working out where they sit in Malaysia's National Sustainability Reporting Framework and what is actually required of them in the current financial year. The NSRF adopts the IFRS Sustainability Disclosure Standards as the national baseline and phases them in across three groups: Group 1 for the largest Main Market issuers, Group 2 for the rest of the Main Market, and Group 3 for the ACE Market and large non-listed companies. Transition reliefs apply in the early years and assurance requirements arrive on their own schedule behind that.
Most of the confusion this framework generates is not technical. It is scoping and sequencing: which group you are in, which financial year you start in, what a first-year report is allowed to leave out, and which of the reliefs are worth using. Are we Group 1 or Group 2 is the first question most boards ask, and it is the one this programme exists to settle. The programme resolves those questions for the participants' own organisation and ends with a dated work plan rather than a summary of the standards.
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Programme Agenda
9:00 AM - 9:15 AM
Welcome and Programme Overview
Introduction to the session, objectives, and housekeeping.
9:15 AM - 10:15 AM
How the NSRF Came About and What It Adopts
The Advisory Committee on Sustainability Reporting, the decision to adopt the ISSB standards as Malaysia's national baseline, and how the framework is given legal effect through Bursa's Listing Requirements for listed issuers alongside expectations set for large non-listed companies. How the NSRF sits against what Bursa already required, and what changed for a company that has been publishing a sustainability statement for years.
10:15 AM - 10:30 AM
Break
10:30 AM - 11:30 AM
Scoping: Is This Us, and From When?
Working through the three groups and placing your own organisation in one of them. Group 1 covers Main Market issuers with a market capitalisation of RM2 billion or more, reporting from annual periods beginning in 2025. Group 2 covers all other Main Market issuers, from 2026. Group 3 covers ACE Market issuers and large non-listed companies, from 2027. Checking your own market capitalisation or revenue against the thresholds, and the position of subsidiaries reporting into a listed parent. Group reporting boundaries, and what happens when the parent is captured before the subsidiary is.
11:30 AM - 12:30 PM
What a First Report Has To Contain
The two standards at a working level: IFRS S1 for general sustainability-related financial disclosures and IFRS S2 for climate. The four content pillars of governance, strategy, risk management, and metrics and targets. What is mandatory in year one, and how the disclosures relate to the financial statements they are published alongside.
12:30 PM - 1:30 PM
Lunch
1:30 PM - 2:15 PM
Transition Reliefs and How To Use Them
The reliefs available in the early reporting years, including climate-first reporting, relief from comparative information, relief on Scope 3 emissions, and timing of publication relative to the financial statements. Deciding which reliefs to take, what taking them signals to investors and regulators, and how to avoid building a process that collapses the year the relief expires.
2:15 PM - 3:15 PM
The Data and Systems Question
What the disclosures demand from the rest of the business: energy and emissions data, workforce data, supply chain information, and the financial data the sustainability numbers have to reconcile against. Where that data currently lives, who owns it, and the realistic gap between a spreadsheet-based first report and a repeatable process.
3:15 PM - 3:30 PM
Break
3:30 PM - 4:15 PM
Assurance, Governance and Accountability
The phased arrival of assurance over sustainability disclosures, which follows the same group order: assurance over Scope 1 and 2 greenhouse gas emissions is reported as arriving for Group 1 from FY2027, Group 2 from FY2028 and Group 3 from FY2029. What it means to be ready for it. Board and audit committee oversight, the sign-off chain, and the internal controls a reviewer will look for. Common findings from early adopters and the ones that are cheapest to fix in advance.
4:15 PM - 4:45 PM
Work Plan Workshop
Participants build a dated work plan for their own organisation covering the current reporting cycle and the next: what has to be decided, who decides it, what data has to be collected, and where the deadlines sit.
4:45 PM - 5:00 PM
Wrap-Up and Q&A
Key takeaways, next steps, and close.
Key Outcomes
- State whether their entity is NSRF Group 1, Group 2 or Group 3, and which financial year it first reports
- Explain what IFRS S1 and IFRS S2 require across governance, strategy, risk management, and metrics and targets
- Decide which transition reliefs to apply and understand the consequence of each choice
- Identify the data owners across the business whose input the report depends on
- Describe when assurance arrives for their entity and what readiness looks like
- Leave with a dated reporting work plan for the current and next reporting cycle
Training Mode Physical / Online / Hybrid / e-learning
HRD Corp SBL-Khas Claimable
Level Foundation to intermediate, suitable for sustainability, finance, company secretarial, investor relations, internal audit, risk and senior management
Duration 1 Day (8 Hours) | 9:00 AM to 5:00 PM
Venue In-house at the client's premises, or delivered via the client's preferred platform (Microsoft Teams, Zoom, or equivalent)
Assessment 10 to 15 question knowledge assessment covering all modules
Certificate Certificate of Completion issued to all participants upon full attendance