Disclosure level and trend analysis of sustainability reporting among public-listed banks in Malaysia

Extended from 17 sustainable development goals set by United Nation, Bursa Malaysia has initiated Sustainable Reporting guideline as major reference for public listed companies in Malaysia demonstrate their contribution on three main sectors namely economic, environment and social. The guideline has been revised recently and currently has total of 25 indicators divided to 5 economic indicators, 10 environment indicators and 10 social indicators which become major concentration in this study to measure level of information disclosure over the contribution by companies on each indicator listed by Bursa Malaysia. The study is using sample of 11 public listed financial institution obtained from Bursa Malaysia for year 2019, 2020 and 2021 utilizing secondary data extracted from Annual Report. The result indicates the level of disclosure are still low especially for environmental and economic indicator. In summary, the study concludes that although the disclosure level is low, the public listed financial institution in Malaysia has put their effort to produce sustainability report and signaling their concern over the sustainable development. Nevertheless, there are still room for improvement to make better disclosure for all indicators in the future.